National News
How common is it for home sellers in our area to lower their asking prices? And how do we compare with other major metro areas? Signs have been quite clear in recent months that the housing market has noticeably
The housing market experienced a great swing of activity in the summer months, but what’s happening now as the market starts to cool? Homebuyer interest may have surged to its highest level in years during the summer homebuying season,
The health of Chicagoland’s housing market continued to improve, according to the latest market research by the Mortgage Bankers Association. Foreclosure inventory in Chicagoland fell a hefty 33 percent year-over-year in the third quarter, according to the latest National
Asking prices seem to be slowing down nationwide, but is that the case here in Chicago? October was a very positive month for Chicagoland’s asking prices, with the metro area posting some of the best numbers in the nation
The National Association of Realtor’s (NAR) official eSignature provider, DocuSign, is now offering a package with Cartavi Transaction Rooms, a bundle expected to help Realtors efficiently manage the loose ends of a transaction. “DocuSign and Cartavi help real estate professionals
We’re often told how great home improvement projects are for home sellers, but what are the actual reasons that sellers pursue such projects? Home improvement projects are often pegged as one of the grandest reasons for owning a home
September was a solid month for home price growth in Chicagoland, with prices rising in the latest index from CoreLogic. Home prices in the Chicagoland area rose 9.96 percent year-over-year in September, according to the latest Home Price Index
A new National Housing Survey conducted by Fannie Mae indicates that delinquent mortgage borrowers possess a positive view of homeownership in 2013 that aligns with that of the general population of mortgage borrowers. One Fannie Mae executive wrote that
It’s been a slow, steady recovery for the nation’s foreclosure markets, but CoreLogic’s latest report solidified just how far they’ve traveled. The release of CoreLogic’s latest National Foreclosure Report, which covered economic data through September, made one thing clear
It’s no secret the nine-county Chicagoland area has suffered a drop in residential inventory. The fact is, there are more buyers than sellers, and many of those sellers are sitting on the fence waiting for the best price ever. So,
After analyzing more than 350 metro areas in America, Zillow’s Q3 Real Estate Market Report revealed that national home values rose again in September, climbing 6.4 percent year-over-year to $163,000. Home values were up 1.2 percent from the second
Q; Should my client wait to buy until interest rates go down again? A: While it is true that interest rates have gone up in the last few months, let’s try to remember where they were a decade ago.
According to the National Association of Realtors (NAR), pending home sales declined for the fourth consecutive month in September, which the trade group says is due to higher mortgage interest rates and higher home prices, which have curbed buying
Polished and current.
September was a VERY positive month for Chicago’s residential construction sector, which saw yearly gains that far outpaced other metro areas. Though residential construction in Chicagoland remains historically low, the area posted the strongest numbers in the nation among
This is Halloween, and cemeteries and gravestones are among the most quintessential images of the season. But year-round, how many transactions are near these arguably creepy areas? We associate many images with Halloween: witches, jack-o-lanterns, vampires, werewolves, and of