National News

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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

How does Chicagoland rank in sustainability development?

It’s time America steps up their sustainability measures around the country, and a new report shows which cities are leading the way. The Sustainable Development Solutions Network released its second annual report on U.S. city sustainability, which looked at 100

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Real Estate in Brief: Freddie Mac to help fight rural unemployment, new millennial mortgage data and more

Freddie Mac, the government-owned real estate finance firm, announced June 15 that it had partnered with an outplacement services provider to help rural homeowners who may be at risk of foreclosure due to a lapse in employment. It’s part

RE/MAX: Days on market sets near record low

The latest U.S. home sales report from RE/MAX shows that buyers are snapping up homes in near record time. Across 54 metro areas included in the survey, listings lasted only 46 days on average before being placed under contract. Only

Real estate industry fights back against LGBT discrimination

In April, the real estate industry and housing advocates across the country celebrated Fair Housing Month. This year’s celebration was even more noteworthy, as it marked the 50th anniversary of the Fair Housing Act’s passage on April 11, 1968.

HomeSpotter adds geotargeted open house promotion with Waze

In an effort to target potential buyers in a particular area, HomeSpotter added a new feature that does exactly that. Through Boost by HomeSpotter, real estate brokers are able to connect with likely buyers on social media. Now, brokers

Majority of Americans still planning to buy a home despite growing anxieties

Buying a home is a step in life most Americans plan on taking sooner or later, but a new survey shows more than half of Americans who plan on buying a home, or those who already bought one, have

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Household wealth at all-time high thanks to rising home values

American household wealth is the highest it has ever been at $101 trillion, according to the Federal Reserve 2018 Q1 release, an approximate $1 trillion increase from last quarter. Reports show that the significant increase in household wealth is

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