National News
Chicago’s housing inventory blues have not improved much with the New Year. Chicagoland’s housing market has distinguished itself from other national markets in several ways the past few months; unfortunately, the area’s rapidly declining housing inventory has been one
Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service (MLS) and one of the largest MLSs, serves nearly 40,000 real estate professionals. Having that many brokers, appraisers and support staff accessing your MLS system, you expect the metrics to
Realtor.com does not yet have the winning combination for an online ranking platform for real estate agents. Like Redfin and the Houston Association of Realtors (HAR) before it, realtor.com recently stopped its attempt to accurately rank Realtors in a
Number of years in real estate: Nine years. Describe your look: Modern classic. What do you consider a “fashion don’t”? Logos galore. What is your favorite piece of clothing and why? A great pair of black riding boots. They
Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service (MLS), announced today that its President and CEO Russ Bergeron has been named to the DocuSign Real Estate Advisory Council. The inaugural meeting, with attendees from across the real estate
Chicagoland’s housing market continued to grow in confidence in January. Asking prices in the Chicagoland housing market increased 15.8 percent year-over-year in January, according to the latest Price Monitor from real estate website Trulia. That was the fourth strongest
Wells Fargo has been ranked the world’s most valuable bank brand on Brand Finance’s Banking 500 list. The list, compiled annually by leading brand valuation consultancy Brand Finance, ranks the world’s biggest banks by their brand value. The results,
An optimistic outlook from current and potential homeowners will make 2014 an active year in the housing market, predicts a recent LendingTree survey conducted by Research Data Technology, Inc. Of the 609 current and potential homeowners surveyed, more than two-thirds
The Counselors of Real Estate, an international group of high-profile real estate, financial and legal professionals, is pleased to announce the 2014 officers for its Midwest Chapter. David Hooks of MarketHooks Consulting, Inc., will serve as the chapter’s chairman. The co-vice
Chicagoland’s housing market showed some definite positivity in 2013, according to CoreLogic. Home prices in the Chicagoland marketplace rose 12.5 percent in 2013, according to the latest CoreLogic Home Price Index. That was the fifth strongest yearly increase of
Last year proved a very positive one for residential new construction, according to the final Census Bureau numbers. Residential construction spending finished out 2013 at a very fine $352.6 billion, according to the final number crunching by the U.S.
Has Chicago’s housing market picked up any steam in the last year, or is it moving sideways? We’ve been reporting with marked regularity on how the nation’s housing market has slowed down, but is that trend consistent here in
Housing inventory is something we follow pretty closely, and realtor.com’s latest numbers suggest quite a bit about the current housing market. Oh housing inventory, how we love you. One of the major narratives of the housing recovery, it seems
Chicagoland’s foreclosure inventory continues to improve, according to the latest research by CoreLogic. Chicago: Chicagoland’s foreclosure marketplace continued on the path to recovery at the end of 2013, according to CoreLogic’s latest National Foreclosure Report. In Dec. 2013, 3.6
Last year closed out on a sour note for pending home sales, according to NAR’s final tally. Dec. 2013 was a rough month for pending home sales, with the Pending Home Sales Index dropping 8.7 percent from November to
The number of “flipped” homes in Illinois increased by 38 percent in 2013 compared to the previous year, and by a whopping 309 percent from 2011. A total of 5,388 homes were flipped in Illinois – homes purchased and