National News

Fed cuts interest rates again
Fed cuts interest rates again

With the quarter percentage point cut, chairman Jerome Powell seeks to stave off a

Coldwell Banker CEO to managing brokers: We must evolve or die
Coldwell Banker CEO to managing brokers: We must evolve or die

At the brokerage’s leadership summit in Chicago, company leaders Charlie Young and Ryan Gorman both spoke frankly about the challenges facing the 113-year-old brand, from Compass and Keller Williams to restructuring and rebranding efforts.

Realogy announces restructuring as CEO denies Compass rumors
Realogy announces restructuring as CEO denies Compass rumors

Realogy announced that it will embark on a process of “strategic organizational changes” at the same time that its CEO sent an email to employees countering claims that the company had been in discussions for a sale to Compass.

Trump administration walks fine line with Fannie and Freddie reform plan
Trump administration walks fine line with Fannie and Freddie reform plan

The long-anticipated vision of the future of Fannie Mae and Freddie Mac provides the public with the first concrete roadmap for returning the two firms to full private

Homeowners say buying ‘made them a better person’
Homeowners say buying ‘made them a better person’

Over three-fourths of survey respondents reported that being a homeowner has “made them a better person,” with about the same proportion saying that they’ve taken up new hobbies since closing on a home, like gardening, grilling and interior

Ending a hot decade, apartment construction dips in 2019
Ending a hot decade, apartment construction dips in 2019

New national data on apartment construction shows activity slowing down in a lot of markets, including Chicago. But there are several bright spots that are showing exceptional building

After two strong months, pending home sales slow
After two strong months, pending home sales slow

After two straight months of nationwide increases, the number of listings under contract by the end of July fell on a monthly

Why slowing home price growth is only part of the picture
Why slowing home price growth is only part of the picture

The S&P CoreLogic Case-Shiller National Home Price Index shows that home prices scored their 15th consecutive month of slowing year-over-year home-price growth. But there's more to the story.

Consumer confidence remains strong amid economic unease
Consumer confidence remains strong amid economic unease

The Conference Board’s Consumer Confidence Index for August showed Americans shared broadly strong views of the overall economy and their own financial health near the end of the

Builders finish summer strong but face uncertainty ahead
Builders finish summer strong but face uncertainty ahead

Economists were expecting new-home sales to finish stronger in July, aided by low mortgage rates that act as an incentive for

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