National News
TRID’s impact on the real estate process has been minimal, though agents are still experiencing some problems with their clients’ documentation, according to a new survey from the National Association of Realtors. Just over 10 percent of Realtor transactions,
Boomerang buyers are, as the name implies, ready to return to housing The housing market’s recovery has been slow since the recession, and many consumers are still struggling with the economic fallout. According to a study released by TransUnion, though, there
According to a Dodge Data & Analytics report, Chicago was ranked as one of the top metro areas for new commercial and multifamily construction in 2015, with a total dollar amount of $5.9 billion in housing starts. Chicago was
The National Association of Hispanic Real Estate Professionals (NAHREP) has named their new chief marketing officer, Jason Riveiro. Riveiro has more than 10 years of experience in leading multinational strategies for some of the most recognized Fortune 500 companies. Riveiro
The interior of an airplane seems like the perfect place to call home, right? Whether you agree or not, in 1991, Bruce Campbell bought a Boeing 727 for $100,000, renovated it and now calls the jetliner home. The plane
The National Association of Homebuilders’ annual International Builders’ Show has become a platform for top and emerging brands to showcase the most innovative technologies in the industry today. Following the trend of sustainable building, which has almost become a new
New agreement offers unified platform for transactions Move Inc., which runs realtor.com for the National Association of Realtors, announced an agreement with zipLogix that will bring the zipForm digital library to the Reesio document/transaction management platform, according to Housing
Bigger homes mean more luxury buyers – but what does that mean for first-time buyers? The average unit size of new residential construction is increasing, according to a National Association of Home Builders report. The average size of a
According to data from the Mortgage Bankers Association (MBA), mortgage applications deceased 2.6 percent from the prior week ending in Jan. 29, which included an adjustment for the Martin Luther King holiday. Mortgage Rates are Decreasing According to the
These three trends illustrate where new construction is heading in 2016 Last week, the U.S. Census Bureau reported that new single-family home sales in 2015 totaled 501,000, a 14.5 percent increase over 2014 that brought new home sales to their
December was a modest month for contract signings, according to NAR Pending home sales were mostly unchanged in December, but inched forward slightly, fueled by a large increase in the Northeast that outpaced declines in the other three major
First-time homebuyers have been MIA for some time – are they poised for a comeback? The National Association of Realtors reported late last week that first-time homebuyers accounted for 32 percent of existing-home sales in December, which was up
National distressed sales – including real-estate owned (REO) and short sales – fell 1.9 percentage points in November 2015, pushing the distressed share of total sales to its lowest November point since 2007, according to a new report from
According to a new analysis by Zillow, homes within a mile of either a Trader Joe’s or Whole Foods appreciate faster than other homes. Featured in the paperback edition of the real estate marketplace’s book titled, “Zillow Talk: Rewriting
The latest Case-Shiller Indices offered numerable insights into the nation’s housing market Home price growth continues to moderate in the Chicagoland housing market, according to the latest Case-Shiller Home Price Indices from Standard & Poor’s. The latest numbers, which
In December, existing-home sales re-found their footing, making up for the misstep in November. What did we learn? TRID was the cause of November’s slip, but it’s not a problem anymore. “Closing time metrics are showing minor effects of TRID,”