National News

SP200 ranks the most-powerful people in residential real estate in 2022

The Swanepoel Power 200, or SP 200, annual ranking of the most-powerful and influential leaders in residential real estate has been released.

Homeowners face record supply shortages entering 2022

Despite the record low number of homes for sale, prices and pending sales continue to rise.

Homeownership remains cheaper than renting in majority of U.S.

Homeownership remains a cheaper option than renting in the majority of areas, according to a new study by ATTOM Data Solutions.

America’s Most Trusted® study: Which homebuilders topped the list for 2022?

Taylor Morrison topped Lifestory Research’s annual list of America’s Most Trusted® Homebuilders — for the seventh consecutive year.

Mortgage applications fall during last two weeks of 2021

At the same time, the average 30-year fixed-rate mortgage rose to 3.33%, its highest level since April 2021, the Mortgage Bankers Association said.

Inflation has buyers and sellers rethinking their plans

Inflation concerns are influencing plans for homebuyers and sellers, according to a recent Redfin survey.

Spring has sprung early for the housing market, Zillow reports

The forecast is in, thanks to the Zillow® November Market Report — and it’s looking to be an unseasonably warm winter for real estate.

The top 5 Real Issues of 2021

It goes without saying that 2021 was full of real issues for the real estate industry. But it was also full of real solutions. Check out Chicago Agent’s most-read Real Issues features.

S&P CoreLogic Case-Shiller: Chicago home prices continue their climb

Nationally, housing prices were also on the rise, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. 

Pending-home sales return to negative territory in November

“There was less pending home sales action this time around, which I would ascribe to low housing supply, but also to buyers being hesitant about home prices,” National Association of REALTORS® chief economist Lawrence Yun said.

The top 10 national news stories of 2021

2021 was a wild year for real estate and Chicago Agent covered it all, from COVID-era protections and court rulings to charting changes within large national firms. Take a look at which stories from the year generated the most interest with our readers.

New-home sales soar 12.4% in November

The median sales price of new homes hit a new high of $416,900.

Chicagoland home prices grew significantly in November, Mainstreet reports

The median sales price of detached single-family homes rose 8.5%, compared to November 2020, while the price of attached homes rose 10.3%.

NAR: Existing-home sales post third monthly gain in a row

The median existing-home sales price for all housing types rose again on an annual basis, marking 117 consecutive months of gains.

Chicago housing market maintains momentum in November

“The market is roaring along, with only half the seasonal slowdown we typically see from October to November.” — RE/MAX LLC President Nick Bailey

Zillow, Down Payment Resource partner to provide down-payment assistance to homebuyers

The partnership will help potential homeowners find down-payment assistance programs to make homeownership more attainable, especially for first-time buyers.

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