“More jobs are very likely, due to the near certain passage of the $1.9 trillion stimulus package and from two million vaccinations per day.” — National Association of Realtors Chief Economist Lawrence Yun

The stimulus bill includes aid for state and local governments, new homeowners, small businesses and renters.

The increase follows a decline earlier in February that cut the number of homeowners in forbearance plans to less than 2.7 million, the first dip below that threshold since April 2020.

If Realtors, lenders and homebuyers are the stars of the real estate show, Fannie and Freddie are the unseen producers who bankroll the production from backstage.

The National Association of Real Estate Brokers has joined the RE/MAX Strategic Alliances program to help grow homeownership among minority groups.

The news that Zillow is purchasing ShowingTime for $500 million sent shockwaves through the residential real estate industry in February. See what Chicagoland readers had to say.

The median sales price in the first month of 2021 was up 11.8% from January 2020 to $285,000, nearly matching the record high of $290,000 set last August.

NAR put together its “Snapshot of Race and Home Buying in America” report to study the hurdles that persistently block minorities from owning homes.

The study largely dispels a long-held belief that nearby homes lose value once low-income housing is built in an area.

The top reason why long-time searchers have not purchased a home is because 40% say they were outbid.

The ad is part of their national brand campaign, Believe You Will, which encourages the power of positive thinking and believing you can accomplish your goals.

The order directs the U.S. Department of Housing and Urban Development to reexamine Trump Administration changes to Obama-era fair housing rules.

CBC Mortgage Agency, a nationally chartered finance agency, applauded the decision, noting in a press release that 85% of individuals in the DACA program are Hispanic and account for over a third of CBCMA borrowers.

It was the 5th best month of the year and outperformed most of 2019.

The question of ethics is an issue that agents face in both their personal and professional lives. As independent contractors, what rights do agents have in the state of Illinois?

The Swanepoel Power 200 ranks leaders from all sectors of the residential real estate industry based on three months of research and more than 400 hours of analysis.