National News

Will the Future of Chicago Be Reached on Foot?

Suburban sprawl over the last 50 years has led to an expanse of drivable city space, but a recent study suggests walkable urbanization may be the direction of the future. For the past half-century, suburban sprawl has helped define

Between a (Rental) Rock and a Hard Place

The unaffordable simply becomes more unaffordable in today’s whacky rental landscape. #88689600 / gettyimages.com At the start of July, we reported on the latest rental data from Reis, which found that the nation’s rental market continued to grow more expensive

9 Mind-Blowing Facts About Real Estate in the U.S.

Even we were surprised by some of the following facts. #469971159 / gettyimages.com The U.S. housing market is a massive industry, one that incorporates not only elements of real estate, but of banking (both commercial and investment), appraising, marketing, advertising

Wolf Point West Breaks Ground, But Construction Well Underway

  On Friday, July 18, several elected officials, workers, union members and a collection of local leaders, including Michael Carrigan of Illinois AFL-CIO, Mayor Rahm Emmanuel and Chris Kennedy, gathered to commemorate the groundbreaking of the new Wolf Point

The End of Suburban Sprawl?

A new study suggests we may be seeing the beginning of the end of suburban sprawl. #147480838 / gettyimages.com Since the early 1940s, many of the United State’s most prominent metro locations have been characterized by sprawl, which refers

First of Three Wolf Point Site Towers Scheduled to Break Ground

At 10:30 AM on Friday, July 18, several elected officials, workers, union members and a collection of local leaders, including Michael Carrigan of Illinois AFL-CIO and Tom Villanova of the Chicago and Cook County Building and Construction Trades Council,

5 Common Selling Missteps That Every Agent Should Know

Selling a house can be a cumbersome process, but if the appropriate steps aren’t taken and details considered, sellers and agents alike could be losing out on thousands. #99966933 / gettyimages.com It was only a few years ago that

The 7 Things You Should Know About New Construction

Housing starts may have been down last month, but there are many more details about new construction that are of equal import. #200263624-001 / gettyimages.com The Census Bureau released its latest report on new construction, and it wasn’t pretty

Builder Confidence Once Again in Positive Territory

After a sorrowful period in the woods, builder confidence has returned to the promised land this month. #82355279 / gettyimages.com The National Association of Home Builders/Wells Fargo Housing Market Index (HMI), the nation’s leading measurement on builder confidence in

Realogy Set to Acquire ZipRealty

Earlier today, Realogy announced it had entered into a definitive agreement to acquire the technology-based ZipRealty for $6.75 per share. The total transaction, which will be in all-cash, is valued at $166 million. The acquisition will entail Realogy absorbing

Large Number of Chicagoland Owners Face Housing Cost Burdens

Cost burdens have become commonplace in housing, and they’re especially pronounced in the nation’s largest metro areas. #145868156 / gettyimages.com The housing market has bounced back in a major way the last couple years, but it’s introduced us to

How To Be the No. 1 Luxury Agent in Your Market: Top 5 Takeaways from Jane Brill Gavens

On early Tuesday, a collection of Coldwell Banker Residential Brokerage agents gathered in a small room of Chicago’s Omni Hotel on Michigan Ave. to listen to and learn from successful Beverly Hills-based luxury agent Jane Brill Gavens. For a

Redfin: Are Sellers Losing Market Control?

Heavy investment activity has helped deplete inventory levels, as well as buyer confidence, but a new Redfin survey suggests that dynamic may be shifting. #156881948 / gettyimages.com It’s been nearly seven years since the housing bubble collapsed; yet, the

Buyer Traffic in Chicago Down Substantially From Last Year

Anyone can observe that buyer traffic is down from last year, but a new report tacks a number to that decline – and it’s a big one. #159449352 / gettyimages.com We’re hardly the first publication to point out that buyer

NAR/Move Win Opening Battle in Legal War Against Zillow

NAR and Move, Inc. have prevailed in their opening salvo against Zillow. #128520267 / gettyimages.com A Washington state judge has ruled in favor of Move, Inc. and the National Association of Realtors in what promises to be a long

Foreign Purchases of U.S. Real Estate Soars in 2014

Foreign consumers regained their appetite for U.S. housing in a major way in the 12-month period ending March 2014. #185761563 / gettyimages.com International sales – aka, home purchases in the U.S. by foreign consumers – soared an incredible 35

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