National News

Real Estate in Brief: Hope for homebuilders, FHFA shakeups and more

While the broader U.S. financial market has struggled to recover from a sudden drop in stock prices near the end of 2018, shares of major homebuilders have made big gains. The Wall Street Journal reported that since the start

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December home sales show market headwinds subsiding

The most recent existing home sales report from the National Association of Realtors found sales volumes decline on both a monthly and annual basis in the final weeks of 2018. December home closings touched their lowest annual rate since

Make-or-break relationship: Agent and preferred lender

  A trusted preferred lender can be a major difference maker for an agent’s business. Just ask Baird & Warner agent Maureen Barrett. In her 13-plus years in the business, Barrett has worked with many lenders whom her clients

Chase top economist to speak at Chicago Agent Mag’s Accelerate Summit

Chicago Agent magazine announced Monday that Chase Bank chief economist Anthony Chan will be one of the expert speakers at the magazine’s Accelerate Summit. “We are thrilled to welcome Dr. Chan to the impressive roster of market experts that

What agents and their clients should know about moving scams

Agents have a responsibility to do right by their clients in every way possible, but in the complex, lengthy process of buying and selling a home, not everything may be within an agent’s full control. Criminals and con artists

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Home listing growth accelerates to near 4-year high

At a key moment for the U.S. housing market, Redfin found more evidence that homebuyers are entering 2019 in perhaps the strongest position in years. The number of homes for sale in the nation’s largest markets grew 4.8 percent

Real Estate in Brief: Shutdown studies, interest rate insights and more

The partial shutdown of the federal government is entering its 21st day, and reports of its myriad ripple effects continue to surface. The latest bit of insight from the real estate industry is a Jan. 7 survey by the

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Gary Keller returning to Keller Williams as CEO

In an email sent to associates late in the evening Jan. 8, Keller Williams Realty, Inc. announced co-founder Gary W. Keller would return to his role as CEO after having left that same post in 1995 and serving on

Century 21 CEO will step down in March

Century 21 CEO and president Nick Bailey announced this week that he will be leaving the company. The company’s chief growth officer, Michael Miedler, will be tapped for the role of chief executive and president. The transition to new leadership

Home tech in the spotlight at CES 2019

The long-running consumer tech trade show CES returns to Las Vegas once again this year, hosting some 180,000 people who come to see the latest technology of all kinds. While the four days of CES feature more than 4,500

Real Estate in Brief: Buyer confidence, nonstop flights and more

Economic news was decidedly mixed near the end of 2018, and that trend looks to continue for the housing market. Fannie Mae’s December Home Purchase Sentiment Index, released Jan. 7, adds to that feeling. According to surveys compiled for

Partner Content
Ames Group to launch first-ever Engel & Völkers shop in Chicagoland market

There will soon be a new brokerage in town — and it will be helmed by a local household name. Jennifer Ames announced Jan. 7 that the Ames Group she leads will be leaving Coldwell Banker and opening the

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How Opportunity Zones could spur housing growth

More than a year after being signed into law, the Tax Cuts and Jobs Act remains among the most well-known and hotly debated achievements of President Donald Trump’s administration. As the first tax filing season under the new law

The national view: An interview with NAR Chief Economist Lawrence Yun

When it comes to getting a clear view of the intersection of real estate and the economy, Lawrence Yun is perfectly suited to the task. The chief economist of the National Association of Realtors recently talked with us to

Real Estrange: Pining for home, Best of the west

Perhaps it’s time to upgrade your childhood getaway? This 5.5-ton, pine cone-shaped treehouse constructed by designer and builder Dustin Feider is listed at about $150,000, though the final price tag will depend on where you want it installed. The

How the economy impacts Chicagoland real estate

Though it may feel remote from the day-to-day pressures of running a real estate business, the overall economy plays a vital role in the local residential market. Real estate is a cyclical sector of the economy and one that’s

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