National News
Republican Congressman and Chairman of the House Financial Services Committee Jeb Hensarling (Texas, 5th) earlier this month sent a memo to lawmakers outlining proposed changes to his Financial CHOICE Act (FCA), introduced last year, the would see the Consumer
In the five years following the peak of the housing bubble – so from 2006 to 2011 – the United States’ construction industry lost 2.3 million laborers. By 2013, 60 percent had already found new careers in other industries – which meant
This year, in addition to devoting an entire issue to Real Data, we’re also offering a supplemental PDF download highlighting the top agents and offices in each county. Our comprehensive report spans six counties – Cook, Dupage, Kane, Lake,
Agent-to-agent referrals are an integral part of any successful agent’s business. But as a new joint report from national realtor referral network ReferralExchange and the Council of Residential Specialists (CRS) reveals, agents don’t see the value of a referral restricted
Coldwell Banker Residential Brokerage in Chicago announced on Feb. 3 that it has acquired the assets of Organic Realty, also in Chicago. Coldwell Banker’s real estate operations already include 52 offices and approximately 3,500 independent sales associates in Chicagoland, northwest
Brian Jensen, formerly the Midwest regional manager of loanDepot’s Mortgage Master, has joined Inlanta Mortgage, Inc. as the company’s new regional vice president of business development. “There are some simple guiding principles behind Inlanta’s success that drew me to the
During Illinois Realtors’ public policy meetings held Jan. 23-26, Sue Miller, managing broker of Coldwell Banker Honig-Bell in McHenry, was named 2017 Illinois Realtor of the Year for outstanding industry leadership and service. The Realtor of the Year award
Chuck Goro, managing broker of Coldwell Banker’s Lincoln Park Plaza office, passed away over the weekend. He was surrounded by friends and family, including his wife Kathy, their children and grandchildren. Chuck’s career in real estate spanned more than
Republican lawmakers and President Donald Trump delivered a one-two punch to Dodd-Frank today, signaling the beginning of a legislative brawl that could see the law entirely dismantled. It began in Congress, where Senate Republicans won an unusual 52-47 vote
Builders need to build – a ubiquitous sentiment throughout the country, and what some experts believe is the solution to widespread inventory shortages. Two new stats suggest that may be exactly what’s going to happen in 2017. The first stat
This year could be the year of the first-time homebuyer. Of course, that’s what experts said last year too. But this year it might actually happen. Of course, there remain barriers to entry – tight credit, inventory shortages, high
Understanding buyers is going to be especially important this year – interest rates and prices are rising, inventory shortages remain commonplace throughout the U.S., and our housing market is now operating under a president promising a broad spectrum of
Homebuilders across the nation faced crippling labor shortages in 2016; in fact, it was the biggest problem they faced all year. Don’t expect anything to change in 2017. Eighty-two percent of builders say the No. 1 problem they expect
During his confirmation hearing last week, possible Treasury Secretary Steve Mnuchin was asked pointedly about the Trump administration’s plans for Fannie Mae and Freddie Mac, and his answer was not what we expected – because it somewhat goes against his
In one of its very first moves since assuming power, the Trump administration has suspended a reduction in FHA mortgage insurance premiums. Originally announced just 11 days ago, the reduction would have lowered insurance premiums 25 basis points (or
Understanding buyers is going to be especially important this year – interest rates and prices are rising, inventory shortages remain commonplace throughout the U.S., and our housing market is now operating under a president promising a broad spectrum of