About half of millennials say they wouldn’t need to stretch in order to afford mortgage payments. At this same time last year, only 40 percent of millennial homebuyers said they would have no trouble making mortgage payments on time.

With the coming expansion of legal cannabis use in Illinois, real estate professionals need to be prepared for issues that may crop up in their transactions when state and federal laws clash, and one potential result of this mismatch is showing up in the mortgage process.

Hispanic people account for the majority of growth in the U.S. homeownership rate. We asked top-ranked agents how real estate professionals can help sustain that trend.

The country has seen 121 straight months of economic expansion since the Great Recession, the longest-recorded period of economic growth to date. Learn what your industry has done to assist this stellar growth streak.

Though the state with the largest share of home sales to foreign buyers was by far Florida, Illinois ranked as a major destination for buyers from two of the top five international markets. Find out which countries are sending potential clients your way.

Coldwell Banker chose a ‘Mainstreet, U.S.A’ office in Chicagoland to try out its new branding. Here’s how it’s going so far.

Of the dozens of candidates currently in the running for the Democratic Party’s nomination for president in 2020, several frontrunners have made housing and real estate central pieces of their platforms. Here’s where the current frontrunners in the Democratic

On the same day, Compass settled a lawsuit against one titan of the real estate industry while finding itself at the center of a new, explosive complaint from another competitor.

New data from Quicken Loans shows homeowners are becoming more realistic about the values of their homes, though exactly how rational they are varies quite a bit from city to city. Find out how Chicago compares to the rest of the country.

Low unemployment, rising home prices and responsible underwriting are all identified as sources for these positive numbers. Still, there’s one major factor external to the economy that can have a major impact on the rate of foreclosures in a given area.

No need to knock when entering this 2,200-square-foot single-family residence — it doesn’t have a front door. Haus Gables in Atlanta, is a one-of-a-kind home listed at $1.25 million by Harry Norman Realtors. Designed by award-winning architect Jennifer Bonner,

While casual observers might have been expecting dismal numbers in the latest jobs report from the Bureau of Labors Statistics following expectedly soft figures in May’s report, Friday’s jobs report was actually pretty encouraging. The total nonfarm job count rose by 224,000 in June, and the unemployment rate of 3.7 percent represented almost no change from the previous month.

This summer, the mortgage industry has good news for veterans in high-cost real estate markets thanks to the Blue Water Navy Vietnam Veterans Act, recently signed into law. But the bill was nearly bad news for those interested in VA loans, as previous versions would have raised VA loan fees.

Zestimates have reportedly been upgraded to incorporate artificial intelligence and machine learning capabilities that the company says will improve accuracy. But despite these touted improvements, the feature, which lets homeowners and prospective buyers see the estimated value of almost any residence, remains controversial.

The Counselors of Real Estate, an international organization for commercial real estate professionals, ranked what its membership body recently voted on as the current and emerging issues it expects to have the most significant impact on real estate.  Topping

The number of mortgage applications submitted during the week ending June 21 grew 1.3 percent, and rates on the standard 30-year fixed-rate mortgage continued their downward slide.