National News

How millennial buyers drive the housing market

As millennials begin to enter the housing market, they are becoming the driving force. MetroStudy partnered with Zillow to discover and analyze trends in the housing market among the millennial generation, those age 18 to 37, in their 2017 Consumer Housing

Real Estate in Brief: Tariffs increase home prices, Zillow announces public stock offering and more

A nationwide total of 850,000 single-family home starts last year will still not be enough to aide the housing shortage crisis across the country as demand continues to increase. To make matters worse, materials are getting more expensive, making

How climate change is affecting the housing market

There are various factors to consider when buying a home, and a new study suggests climate change is joining that list. A Bloomberg News report by ATTOM Data Solutions found that in the last decade, the average home price

Pending home sales continue to fall in May

For the fifth straight month, pending home sales have fallen, down 2.2 percent from last year, according to the National Association of Realtors (NAR). Pending home sales in May decreased 0.5 percent to 105.9 from 106.4 last month. The reason

See which paint colors can help boost sales prices

Choosing paint colors is perfect way to reflect your style onto your home. But, when it comes time to sell, the colors you chose may not appeal to potential buyers. Zillow is here to help with their 2018 Paint

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Key takeaways on Chicagoland real estate from Harvard’s latest housing report

While the state of housing in the U.S. has generally improved over the last 30 years, the latest report from the Joint Center for Housing Studies (JCHS) of Harvard University highlights some areas of concern as well. Since the

How the luxury market is shifting across the country

Millennials have begun to monopolize the homeowning population, and as a result, new cities across the country are transforming into some of the hottest luxury markets for the first time. The Institute for Luxury Home Marketing just released their

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Zillow incentivizes builders through Group Advantage Program

Zillow Group’s new Group Advantage Program will allow customers of the Promoted Communities and Promoted Homes platforms to improve their listing content through an array of purchased services. The services include: 3D rendering/augmented reality services through Alpha Vision, Biorev, Chameleon,

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Existing-homes sales fall slightly as home prices hit an all-time high

Existing-home sales fell 0.4 percent in May to a seasonally adjusted annual rate of 5.43 million, according to the latest report from the National Association of Realtors. Sales have fallen year over year for three months, and is 3

HGTV highlights the top luxury homes around the world

It’s HGTV enthusiasts’ favorite time of the year, when they’re able to get a taste of the luxury life by casting their vote for their favorite exotic homes. HGTV and Luxury Portfolio International have teamed up in search of

Real Estate in Brief: ShowingTime reports slowdown in showings, eXp Realty expands and more

The May 2018 ShowingTime Showing Index report was recently released, which analyzed the traffic per residential property for sale by agents and brokers. A higher number means that an average home saw more visits from potential buyers this month.

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Housing starts in May reach an 11-year high

It’s no secret a lack of inventory is making an impact on the housing market, but new reports show hope for a change. The U.S. Bureau of Labor Statistics and the U.S. Department of Housing and Urban development released

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Pulte Homes now come with smart home technology

Pulte Homes is making the leap into smart homes. In a Business Insider press release, PulteGroup announced that every newly-built Pulte, Centex, Del Webb, DiVosta and John Wieland Homes will be equipped for smart technology use to fit a

What are the top 10 issues affecting real estate in 2018?

The Counselors of Real Estate recently released its annual Top Ten Issues Affecting Real Estate list for 2018-2019, which includes both current and long-term opportunities and challenges. Interest rates and the economy, which may result in limited affordable housing, is

New survey shows how agents are using mobile technology

Homebuyers want more technology use from their agents, and a new report shows that Realtors are starting to implement more technology into their workday.  Realtors Property Resource found that that 85.28 percent of Realtors used a mobile device, specifically

Chicago is one of the best cities for construction workers

Some professions make more than others, and those incomes basically set the path for how someone lives their life. RENTCafé had an idea that maybe you income could be more profitable in some cities, and less than others. RENTCafé

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