National News
Job-hunting sites such as Monster, Career Builder and especially Simply Hired have made job searches easier than ever, but in the case of real estate, a bit more legwork may be necessary. Chicago Agent did a sweep of the real
Lender Processing Services (LPS) made quite a stir last week with its report that foreclosures on Federal Housing Administration (FHA)-guaranteed homes rose by 73 percent in April. Naturally, the FHA, feisty as ever, is not taking that claim mildly,
The Supreme Court’s rulings have a habit of disappearing in the daily news cycle, but its most recent ruling could have a transformative effect on the entire real estate landscap. The ruling for Freeman et. al. v. Quicken Loans,
With mergers and acquisitions among brokerages on the rise, several brokerages have increased their personnel, but still, brokerages with good recruitment are always increasing
By Tara Steele According to the Federal Housing Finance Agency’s (FHFA) seasonally adjusted purchase-only house price index (HPI), home prices rose modestly in the first quarter of 2012, up 0.6 percent from the fourth quarter, and up 0.5 percent
By AGBeat Recently, Redfin launched a new tool to educate homeowners on the pricing process, but the company has now been sued by CoreLogic for violating its automated valuation model patent filed 20 years ago. Launched just over two
By Peter Ricci It’s no mystery that housing has been on a bumpy path since 2007, but the past month, a wide range of data has come out all but endorsing a new housing recovery. From home sales, to
Everything was sunny and fine for the U.S. construction industry in April, which continued its 2012 gains with strong showings for the month in the Census Bureau’s latest report. Altogether, construction spending rose 0.3 percent from March to April
Agents with a Trulia account can finally take the popular online real estate listing site on the go, as the company has created the Trulia for Agents app for iPhone and Android users. Though the app puts the site
Walmart is many things to many people – discount chain, multinational corporation, grocery store, and, of course, arbiter of pollution, low-wage jobs and traffic. But a new study from a duo of economists has put a new, interesting perspective
A new survey by Realtor.com has found that prospective homebuyers are more interested in foreclosures than ever before – and in a major way. Since October 2009, homebuyer interest in foreclosures has risen by an incredible 159 percent, which
Costco, the popular warehouse club chain, is a great place for food, office supplies, clothing and…mortgages? Yes indeed – Costco has partnered with First Choice Bank and 10 other lenders to offer home purchasing and refinancing products through its
New pending home sales data from the National Association of Realtors is reporting a 14.4 percent increase from April 2011. The data, which is gleaned from the Pending Home Sales Index, was down monthly by 5.5 percent after three
According to the first quarter Zillow Negative Equity Report, 41.1 percent of homes in Chicago are in negative equity, while nationally, 31.4 percent are underwater. The data, though, is not as scary as it looks. Of those 31.4 percent, 90
CoreLogic filed a patent-infringement lawsuit against Redfin late last week, alleging that a new home price tool the online brokerage released in March violates an existing patent. A home price estimator, Redfin’s Home Price Tool was designed to give prospective
Though home values nationwide began to stabilize in S&P’s latest Case-Shiller Home Price Indices, prices in Chicago continued to fall, hitting new post-bubble lows. From February to March, prices fell 2.5 percent in Chicago, while nationally, prices were unchanged.