National News

Home sales dip, while Midwest prices jump 7.2 percent from last year
Home sales dip, while Midwest prices jump 7.2 percent from last year

NAR chief economist: Housing shortage is stunting potential

Construction ramping up, but not enough to meet demand
Construction ramping up, but not enough to meet demand

Housing rebound continues, says the National Association of Home Builders, but it depends on where you

Return of spot loans could reinvigorate condo market
Return of spot loans could reinvigorate condo market

HUD has loosened its rules regarding FHA loans for condos. Learn what that means for your

Optimism down after a hitting historic highs
Optimism down after a hitting historic highs

While Fannie Mae’s index measuring consumer sentiment is lower than last month, the survey still clocked year-over-year gains.

Home sales poised for a rebound
Home sales poised for a rebound

Although all regions saw a boost in pending sales, the biggest increases were in the West, according to NAR’s

U.S. home prices grow for first time in 15 months
U.S. home prices grow for first time in 15 months

A 15-month run of decreasing year-over-year gains in U.S. home prices ended in July, according to the S&P CoreLogic Case-Shiller National Home Price Index. However, price growth in Chicago and other major cities was less robust than the national

Americans more optimistic about housing than the economy
Americans more optimistic about housing than the economy

A new survey of consumer sentiment finds a majority both buyers and sellers feel like now is a good time to jump into the

Existing-home sales up nationally but down in Illinois
Existing-home sales up nationally but down in Illinois

NAR reported positive numbers for existing home sales in August, but Chicagoland and the state didn't record as good of a year, when looking at the most recent data.

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.

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