Michelle L. Feola has joined Berkshire Hathaway HomeServices Chicago as vice president and general counsel for both the firm and its affiliated title company, Fort Dearborn Title.

“While lean existing home inventory and solid buyer demand are supporting the need for new construction, the combination of ongoing increases for building materials, worsening skilled labor shortages and higher mortgage rates point to declines for housing affordability in 2022.” — NAHB Chairman Chuck Fowke

Home Partners of America has launched Choice Lease: a first-of-its-kind program offering below-market rents to qualified applicants.

The San Francisco Bay-area mortgage lender is licensed in 42 states.

The 2022 U.S. Houzz Kitchen Trends Study is out, and the most popular kitchen renovation trend is upgraded countertops.

Board member Stephen Joyce will serve as interim CEO as the company conducts a search for a permanent replacement.

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

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

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

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

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

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

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.

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

“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.