National News

New study ranks Chicago as the No. 2 relocation destination in the U.S.

Chicago compared favorably to other cities due to its lower cost of living while offering high-level education, jobs and public transportation. 

Realtor survey points to expected increase in buyer traffic

The latest National Association of REALTORS® Confidence Index Survey found that 16% of respondents expect a year-over-year increase in buyer traffic in the next three months, compared to 13% a month earlier.

DOJ accuses RealPage of rent price-fixing scheme

RealPage calls DOJ filing “devoid of merit.”

New-home sales jump in July

July’s seasonally adjusted annual rate of 739,000 represented a 10.6% jump from June’s upwardly revised rate of 668,000. 

Existing-home sales end 4 months of declines in July

The pace of home sales increased 1.3% from June after months of decreases, the National Association of REALTORS® said.      

NAR elevates Nykia Wright from interim to permanent CEO

Wright had served as interim CEO since November.

Apartment construction surges nationwide

The influx represents a 9% increase compared to last year and a 30% jump from 2022.

Michigan agents sue NAR, claim membership requirement to access MLS violates federal law

The lawsuit criticizes NAR’s new rules in the wake of its legal settlement.

What you need to know when NAR’s new rules start Aug. 17

There are nuances in NAR’s rule changes that are important to know for buyer’s agents, seller’s agents or clients.

Average mortgage rate drops to lowest level in more than a year

The average 30-year fixed mortgage rate dropped more than a quarter point since last week.

Pending home sales regain upward momentum in June

The National Association of REALTORS® said its Pending Home Sales Index rose 4.8% month over month. 

Housing data still leans in favor of sellers, REALTORS® Confidence Index shows

Just 13% of respondents expect an increase in buyer traffic in the next three months.

White Sox likely to change ballpark name to Rate Field in 2025

The South Side ballpark has been called Guaranteed Rate Field since November 2016 as part of a 13-year naming rights deal.

Guaranteed Rate rebrands itself as Rate

The new name conveys a “concise, modern identity,” the company said. 

Guaranteed Rate raises more than $1 million for military nonprofits

The money raised will go to nonprofit organizations that support the U.S. military community.

Case-Shiller: Home-price index hits all-time high in March; Chicago sees 8.7% gain

The S&P CoreLogic Case-Shiller U.S. National Home Price Index has hit a new record for six of the last 12 months, as demand remains strong in the face of tight inventory.

New Subscribe

  • This field is for validation purposes and should be left unchanged.