National News

HUD Sec. Fudge: ‘We will enforce U.S. Fair Housing Act’
HUD Sec. Fudge: ‘We will enforce U.S. Fair Housing Act’

Housing secretary reaffirms U.S. commitment to closing the racial homeownership gap at a forum with NAR president and top housing officials.

U.S. Supreme Court decision makes it easier for brokers to market their business
U.S. Supreme Court decision makes it easier for brokers to market their business

Brokers may use their cell phones to make marketing calls and send marketing texts, if the cell phone does not have an app that will automate the dialing system.

Zillow: Most experts expect relief to supply woes later this year, early 2022
Zillow: Most experts expect relief to supply woes later this year, early 2022

Forty-three percent of respondents to the first-quarter Zillow Home Price Expectations survey expect inventory to improve in the second half of the year, followed by 26% who expect it in the first half of 2022.

How does credit scoring impact fair lending and minority home ownership?
How does credit scoring impact fair lending and minority home ownership?

“A credit report and credit score are the gateway to a mortgage,” — NAR President Charlie Oppler.

Who made up the National Association of Home Builders in 2020?
Who made up the National Association of Home Builders in 2020?

The National Association of Home Builders published the results of its Special Study for Housing Economics, highlighting the 2020 annual census of who makes up its members.

Redfin closes $608 million takeover of RentPath early
Redfin closes $608 million takeover of RentPath early

RentPath’s sites, which include ApartmentGuide.com, Lovely, Rent.com, and Rentals.com, will continue to operate as normal while their listings are integrated with Redfin.com, a process that is expected to wrap up in 2022.

Home prices hit 15-year high nationwide
Home prices hit 15-year high nationwide

Prices in the Chicago metro area were up 6.3% over February 2020 with “normal” market condition indicators.

MRED launches revamped private listings network
MRED launches revamped private listings network

Midwest Real Estate Data has launched connectMLS, which aims to make accessing private listings easier and faster.

Truth About Agents 2021: Marketing
Truth About Agents 2021: Marketing

How much do you spend on marketing? See how it compares with other Chicagoland agents and brokers in our 2021 Truth About Agents survey.

Interest in tiny homes grows as popularity rises
Interest in tiny homes grows as popularity rises

While pandemic headlines had many leaving cities and moving to the suburbs or looking for additional space in their current home, interest in tiny homes was little remarked upon.

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