National News

FTC Requests More Information, Zillow Delays Merger

A second request from the FTC for more information has Zillow asking for more time. Early today, major listing syndication service Zillow announced via an SEC filing that it would not consummate the $3.5 billion transaction of Trulia prior

3 Reasons Direct Mail Might Be a Better Marketing Tool

Though not as quick as email, direct mail still offers considerable advertising value. The real estate world is constantly abuzz with talk of the newest mobile app or search platform. So much so, in fact, that agents often forget

The One Thing Stopping Millennials From Becoming Homeowners

Why are Millennials not buying homes? The answer is far simpler than you may suspect. There are some lofty explanations out there for why Millennials are staying on the real estate sidelines, but new research from Moody’s Analytics has

What Homes Do Consumers Want to Buy? 5 Important Trends

There are many types of homes for sale on any given day, but what trends are consumers gravitating towards? Tall, short, skinny, fat, new, old, historic, modern, urban, rural – the possibilities are endless when it comes to the

3 Reasons Why Obama’s Plan for Net Neutrality Matters For Your Business

President Obama came out in support of net neutrality this week, and his proposals could be instrumental in protecting the Internet – and your business. Advocates for net neutrality received a huge vote of confidence this week from President

Who’s Really No. 1 in Chicago? A Look at Brokerage and Agent Advertising

Real estate is a competitive profession. And while there are any number of occupations that may, rightfully, make a similar claim, hardly any industry is as dedicated to leveraging those positions of prominence as explicitly as those in real

How Housing Affordability is Worsening in Chicago

In case you were wondering, our housing market continues to get less affordable, not more. In the last year and a half, housing affordability in America has dramatically fallen, and our local metro is no exception. We recently reported that NAR’s Housing

The Jobs Report: 3 Good Things and 3 Bad Things for Housing

The messages for housing were mixed in the BLS’ new report on the jobs market. The Bureau of Labor Statistics released the October jobs report earlier today, and it’s a doozy, with a multitude of numbers on the nation’s

5 Important Homebuyer Trends That You Should Know

With our first story in our “NAR Profile” series, we take a look at important homebuyer trends of the last year. Every year, Christmas comes several weeks early for housing analysts in the form of NAR’s “Profile of Home

App Review: HomeKeepr Pro Promises to Extend the Agent-Client Relationship

Acknowledging the importance of long-lasting agent-client relationships, HomeKeepr, a relatively new company, has released a mobile app for both iPhone and Android platforms aimed at creating bonds spanning the typical lifecycle of a home. Offering simple branding options, customized

3 Very Surprising Graphs on How New Construction Has Shifted Towards Affluence

How has new construction shifted in recent years to a more affluent, wealthy clientele? See our analysis below to find out: Create

Chicagoland Asking Prices Remain Quite Strong in October

Though prices have shown signs of a slowdown at 2014 draws to a close, they’ve remained in positive territory. Though asking prices nationwide have shown some signs of a slowdown, they remained in confidently positive territory through October, according

The 2015 Truth About Agents Survey

We want to know what’s really going on in the real estate industry. What are the hot-button topics today? And, most importantly, what’s really true about agents? Make your voice heard by taking our Truth About Agents survey. Everyone

Sellers Ignore Market, Want More Money

Sellers are ignoring market realities for the hope of more money. In 2014, the real estate market has been an incubator, slowly coaxing the ailing industry back into full health. However, despite the considerable gains, especially to home prices

Where Have All the First-Time Buyers Gone? 6 Explanations For the Decline

The market share for first-time homebuyers just keeps falling; what could be behind the fall? First-time homebuyers in 2014 have made up just 33 percent of primary residence purchases, according to new numbers out this week from the National

The Most Encouraging Stat Yet For Housing’s Recovery

There have been many encouraging developments for the housing market, but we’ve uncovered the most encouraging nugget yet. There were many stats provided in NAR’s latest existing-home sales report, many of which were positive for the housing market  (see

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