National News

Chicagoland Home Prices Balance Further in Latest Case-Shiller

Home price growth continued to slow in September, but as we argued with home sales, that’s not necessarily a bad thing. Balance was the name of the game for home prices in the Chicagoland housing market, which in September

Forget Home Sales – This is Housing’s Most Encouraging Trend

Sure, existing-home sales were up, but there was another side of NAR’s report that suggested even better things for housing. Last week, the National Association of Realtors announced that existing-home sales in October posted their first yearly increase in

Auction.com/Google’s First NowCast Predicts Strong Nov. Market, though Challenges Remain

Google’s first foray into housing data has yielded some encouraging – albeit sobering – numbers for the housing recovery. Earlier this month, we reported that Google and Auction.com were diving head-first into the real estate data game with NowCast,

How Homebuyers Search for Their Homes – 4 Important Trends

The manner in which prospective homebuyers search for residences suggests very interesting things about the housing market. About a month ago, we reported on what has been a radical upheaval to how real estate functions: 43 percent of homebuyers

Report Reveals 4 Pieces of the Mobile App Puzzle

The popularizing of smartphones introduced the world to the mobile Internet, but now apps have overtaken Web usage. Though smartphones are a relatively new innovation in the longer and more encompassing transition into digital, which started with the introduction

New Construction Falls in October on Volatile Multifamily Sector

As has been the case for some time now, the residential construction market rose and fell on the strength of multifamily housing. Residential construction saw disappointing numbers in October, and as has been the case during the whole housing

Banks Take on Weighted Risk for Heavy Lending

Looking for a good mortgage rate? All you need is good credit and a lot of money. #77931886 / gettyimages.com In recent years, expectant homebuyers vying for a good mortgage rate have faced dire odds as once loose lending

How Twitter’s Big Changes Will Impact Your Real Estate Business

In the midst of heavy criticism, Twitter unrolls a laundry list of forthcoming changes. “Everything that happens in the world happens on Twitter…” The opening line of a blog post Twitter Vice President of Kevin Well published last week

Economic Concerns Persist in the U.S. – and Hold Back Housing

Though Americans feel better towards housing, wider economic concerns persist – which, in turn, affect the housing market. #470896401 / gettyimages.com It’s become quite clear, in 2014, that housing’s recovery will depend in large part on wider economic trends,

The Emotional Rollercoaster Buyers Experience During Their Search for “The One”

Seventy-seven percent of buyers say they’ll know immediately when they’ve found their ideal home, according to a survey of about 2,500 Americans by BMO Harris Bank. Unfortunately, the house hunting process takes time, and not all buyers exude confidence during

LGBT Realtors Gather for NAGLREP’s Inaugural Symposium

In a first-of-its-kind forum, over 200 LGBT (Lesbian, Gay, Bisexual & Transgender) and gay-friendly real estate sales professionals from across the United States and Canada gathered in Fort Lauderdale, Fla. to discuss meeting the unique and growing needs of

National Association of Realtors to Implement New Policies

The National Association of Realtors’ leadership team has been tasked with creating a new “Code of Excellence” educational requirement and making the current requirement to complete Realtor Code of Ethics training biennial instead of quadrennial. In an attempt to

LoanDepot, LLC To Acquire Mortgage Master, Inc. in Definitive Agreement

#185233506 / gettyimages.com In a recent definitive agreement between loanDepot, LLC and Mortgage Master, Inc., loanDepot, LLC will acquire the super-regional mortgage lender and one of the country’s largest privately-owned mortgage companies. LoanDepot, LLC, the nation’s second largest nonbank

Finding Your Way Around the New Mortgage Rules

New measures from regulators promise to help ease lending standards, but are they enough? #459151625 / gettyimages.com The recent announcement by federal regulators to enact an assortment of measures aimed at easing lending standards has thrown many in the

Highlights from the NAR Report: 2014 Homebuyer Stats

According to the 2014 National Association of Realtors Profile of Home Buyers and Sellers, released two weeks ago, the typical home seller in 2014 is 54 years old, married, has a household income of $96,700 and lived in their

How the Housing Affordability Crisis Has Led to a Surge in Roommates

The share of households featuring roommates has been on a steady rise the last few years, and the cause could not be more straightforward. Housing affordability is a common topic of coverage here at Chicago Agent, and for good reason

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