According to data from LeapRE, about 15 percent of sellers with luxury listings* go through more than one agent to sell their home. Listings that went through five or more agents were miniscule – .085 percent – while about

Q: Why is a Jumbo Mortgage “Non-Conforming”? A: In the Chicago marketplace, a “conforming” mortgage is one that is below Fannie Mae and Freddie Mac’s threshold of $417,000.  Therefore, from a simple definition, a mortgage that exceeds this dollar

Freddie Mac sold a record amount of previously foreclosed or repossessed homes, with a total of approximately 31,000 homes sold in the first quarter, according to

Real estate data analytics firm, Zillow, reported that more than 28 percent of US homeowners are currently underwater on their mortgages; data by CoreLogic in early March had previously measured this rate at 23

In an ongoing effort to promote overall prevention of housing related health and safety hazards, such as recognizing and controlling lead-based paint, the U.S. Department of Housing and Urban Development (HUD) is now offering up to seven grants in

Freddie Mac’s net income gain for the January-March quarter marks the first quarterly gain in two years, with the last gain in April-June 2009, earning $676 million according to

Short sales can take months to approve, but with the help of a potential new bill, homeowners may find themselves receiving a response to short sale requests within a mere 45

Bank of America plans to open 28 new help centers, for a total of 40 help centers across the U.S., in order to accommodate troubled homeowners in need of mortgage

Marketing through social media platforms — including Facebook — is constantly on the rise, and effectively impacting businesses of all kinds, including real

Mortgage applications experienced a 4 percent increase last week (April 29), according to

The National Association of Realtors recently proposed a membership due increase of up to 50 percent, potentially increasing 2012 membership dues from the current $80, to $120, according to AgentGenius, in an effort to reshape campaign

Is the National Association of Realtors increasing its membership? Across the U.S., various cities have experienced an increase in

According to the Institute for Luxury Home Marketing’s Luxury Housing Report, early numbers from the spring home buying season suggest that demand for luxury homes is warming

Housing is cheaper than at any point in the last 35 years, but mortgages are harder to get than at any point in the last 15 years, according to new research from Zillow.com, as reported by the Wall Street

According to Fannie Mae, the serious delinquency rate decreased to 4.44 percent in February from 4.45 percent in January. This is a decrease from a high of 5.59 percent in February 2010. Freddie reported the delinquency rate decreased to

According to a report released Tuesday by the Harvard Joint Center for Housing Studies, a large number of renters are allocating more than half their income to