National News

COVID-19 and the housing market: What the experts say

Meyers Research Chief Economist Ali Wolf and other industry experts offer guidance and predictions in these unprecedented times.

World economy enters recession, but economists predict strong rebound

The pandemic is pushing the global economy and homebuying into a tailspin, but history shows event-driven recessions typically don’t last.

How is Illinois doing in the fight against COVID-19?

A new study examines coronavirus prevention measures, preparedness and risk factors, state by state.

Federal Reserve cuts interest rates again

The Federal Reserve has announced an emergency interest-rate cut of 1 percentage point, bringing the Fed’s target rate nearly to zero.

Compared to volatile stock market, equity levels are ‘welcome source of stability’

A new report shows 96,000 U.S. homeowners regained positive equity in the last quarter of 2019.

The HGTV effect: From television trend to real estate spend

A new report from Zillow outlines what to highlight in a listing and what to de-emphasize.

What’s the ‘coronavirus effect’ look like for real estate?

The National Association of Realtors says they expect home sales in the U.S. to drop by about 10% in the short term as a result of the coronavirus.

House flipping is back, but the returns? Not so much

Investors are getting back into the home flipping game, even though profits are the lowest since 2011.

NAR top lawyer: Don’t let your value be ‘trivialized and degraded’

At Chicago Agent’s recent Accelerate Summit, NAR Chief Counsel Katie Johnson outlined ways agents can demonstrate their value and shape the public’s perception of the real estate industry.

Fed makes emergency rate cut amid coronavirus fears

The Federal Reserve slashes its benchmark rate by a half a percentage point in response to an expanding rate of infection. Find out what impact that will have on your business.

Here’s the best time to list a property in Chicago

A new analysis from Zillow indicates that Chicagoland sellers can net a $3,100 premium if they pick the right time to enter the market.

Pending home sales start 2020 with a bang in the Midwest

NAR’s chief economist notes that January marked the second-best month in more than two years for pending home sales.

The bizarre impact of coronavirus on local home sales

Money.com sheds some light on how the coronavirus is impacting the U.S. real estate market.

Concerned about climate change? More than 30 percent of Chicago residents say they are

Nearly 75% of Americans worry about climate change when buying or selling a home, according to a new report.

Midwest shows significant year-over-year growth in showing activity

ShowingTime’s index points to growing demand for listings in the Midwest, signaling a competitive spring housing market is in the works.

What’s behind the racial homeownership gap?

Black homeownership is lagging well behind the national average, and NAR wants to understand why.

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