Despite low inventory and rising housing costs, home purchases by millennials grew last year, marking the fifth consecutive year they’ve been the most active generation of buyers, according to a recent study from the National Association of Realtors. The 2018

Illinois was recently ranked one of the worst states in the country for property taxes. The study was conducted by WalletHub and calculated each state’s effective real estate tax rate by dividing the annual taxes of a median priced

Years of historically affordable mortgage rates could come to an end as rates rise and are expected to escalate even further throughout 2018. So far, mortgage rates have increased nearly 50 basis points since the beginning of this year,

Midwest Real Estate Data has announced that industry veteran Chris Haran will be joining the organization as its Chief Technology Officer. Haran comes to MRED from Coldwell Banker Residential Brokerage, where he had served in a variety of roles since

The National Association of Realtors has expressed support for a new regulation proposed by the U.S. Department of Labor that would expand the definition of “employer” to encompass “working owners” and could result in trade associations like NAR being able

Imagine a world in which your next-door neighbor not only is your best friend but your de facto babysitter, your source for sugar when you realize mid-baking session that you’re out, and your dinner companion when you’re home alone.

Baby boomers and empty nesters are still moving to Florida, but in a surprise turn of events, the leading city attracting this generation of buyers goes to Phoenix, Arizona. As with the six Florida metros on realtor.com‘s top 10

To accommodate growing families, Gen Xers are embracing markets that offer large homes and good schools, both at more affordable prices, according to realtor.com. Having suffered significant losses by the Great Recession, those of Generation X are eager to settle where

In recent years, Hispanics have accounted for more of the U.S. population growth than any other race or ethnicity, and they’re having a huge effect on the country’s housing market. According to a new report from the Hispanic Wealth

Millennials are flocking to tech hubs and cultural hot spots in search a good time and promising earning potential. In a recent analysis, the data team at realtor.com found that millennials are willing to bear the extra expenses of

Warren Buffett’s real estate company, Berkshire Hathaway HomeServices, announced on March 5 its purchase of Berlin-based Rubina Real Estate GmbH, which marks its first international franchisee. The German company, which is led by Carstein Heinreich, will change its name in

A Dodd-Frank rewrite is headed to the U.S. Senate floor for a vote, according to Bloomberg. The Economic Growth, Regulatory Relief and Consumer Protection Act would roll back or eliminate parts of the Dodd-Frank Act, including relieving smaller lenders

The multiyear lease Midwest Real Estate Data (MRED) recently signed with Remine, a big data and predictive analytics platform designed to help agents identify new market opportunities, will offer customers a number of benefits, according to Rebecca Jensen, MRED

More than one-third of people — 35 percent — who bought homes last year submitted a bid without ever seeing the homes in person. According to a recent Redfin, this is an increase from 33 percent in May 2017 and significantly

The Pending Home Sales Index dropped 4.7 percent in January after three months of increased activity. Based on contract signings, the forward-looking index fell from a downwardly revised 109.8 in December 2017 to 104.6 in January 2018. The Pending

Abode, a new free digital platform that aims to make the homebuying and selling process easier for both consumers and real estate agents, was launched in 2017 by tech entrepreneurs Kyle Stoner and Carson Junginger. “People often describe buying