National News

Special Report: Rental Housing in Chicagoland Continues Strong Growth

Though Chicagoland’s for-sale market is showing signs of a seasonal slowdown, its rental market continues to charge ahead. The rental market in the Chicagoland area continued its ascent in 2014’s fourth quarter, completing one of the strongest rental years in

The 8 Big Obstacles to Homeownership in 2015

What obstacles remain in the homebuying process? Consumers have many expectations for the housing market in 2015, but they’re also operating under little allusion as to the obstacles that remain in place between them and their dream home. So

The Top 3 Consumer Expectations for Housing in 2015

Agents may be looking up when it comes to 2015’s housing market, but how do consumers feel about the impending year? The news cycles have been chock-full of stories on what analysts and trade professionals expect for housing and

Are Americans Finally Feeling Better About the Economy?

Economic sentiment has been pretty low for some time here in America, but does new survey data show that’s changing for the better? After a long purgatory, it seems that Americans are finally re-gaining their confidence in the economy,

3 Important Trends To Follow For the 2015 Housing Market

What should be on your horizon, as the 2015 housing market begins to take shape? The 2015 housing market is nearly upon us, and to help you prepare in your business, we’ve described below three of the big trends

5 Important Stats in Today’s New Home Sales Report

The latest new home sales report is out, but what details of that report should you keep in mind for your business? The latest Census Bureau report on new construction dropped this morning, and it concerns the home sale

Good News For Chicagoland – Congress Extends Mortgage Forgiveness Debt Act

Hey! Congress did something good! Here’s a great piece of news for the holiday season – in a refreshing act of bipartisanship, the Senate approved a measure 76-16 this week to extend the Mortgage Debt Forgiveness Act (MFA) through 2015;

November Marks a Month of Decline, But Promise

As the temperature falls, so have existing-home sales, but numbers still indicate a slow return to normalcy. The market peaked for 2014 in October, according to the National Association of Realtors recently released existing-home sales report. In November, existing-home

The Fed Will Not Be Raising Rates Soon…We Think

The Fed’s language on interest rates changed at its last meeting, throwing into question its future policies. It’s the big question on everyone’s mind – when will the Federal Reserve decide to raise interest rates? Indeed, there are few

Negative Equity in Chicagoland Plummets by 38.5%

The negative equity situation in Chicagoland has improved markedly, according to new research by Zillow. Here is some encouraging news for you to end the week with – here in the Chicagoland area, the share of mortgage properties in

Homeowners Facing Thousands in Tax Bills if Spending Legislation Fails

Spending package offers prolonged mortgage debt relief but faces uphill battle.   As is their recent tradition, Congress is continuing to squabble following the sweeping Republican victories in the midterm elections, and it may lead to thousands of Americans

Special Report: ‘Builder Confidence’ Numbers Still Inconsistent With Construction Numbers

Builder confidence remains high while home construction continues to trod along – what gives? Builder confidence this month fell just one point, according to the latest Housing Market Index from the National Association of Home Builders. Finishing up 2014

Bad News For Millennial Homeownership – Young American Wages are Plummeting

We all want to think that an explosion is pending in Millennial homeownership, but the numbers to justify that are hardly cooperating. The last few months, we’ve reported consistently that the big problem facing housing (as well as the

Nancy Nagy of BHHS Koenig Rubloff to Serve on NAR Board of Directors

The National Association of Realtors has selected Nancy Nagy, Berkshire Hathaway HomeServices KoenigRubloff Realty Group’s Chief Executive Officer, to serve on the 2015 Board of Directors. “It is such an honor to have been selected as one of the

5 Things to Consider About the ‘Disappointing’ New Construction Report

The headlines have been merciless regarding the latest new construction report, but was it truly that bad? We’ve seen the headlines too, and on the surface, they’re not pretty – per the latest numbers from the Census Bureau, housing

Realtor.com Forecast: Millennials Will Drive Market in 2015

Realtor.com’s Chief Economist Jonathan Smoke is launching his first annual forecast, and in an industry crowded with analysis and economists throwing around numbers, he’s determined to stand out. The differences between what Smoke is doing and his slew of

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