News / Features

Chicago’s housing supply shortage expected to continue for some time

The housing supply shortage is expected to get more extreme as homebuyer demand continues to outweigh inventory levels, a new study found.

How does credit scoring impact fair lending and minority home ownership?

“A credit report and credit score are the gateway to a mortgage,” — NAR President Charlie Oppler.

Who made up the National Association of Home Builders in 2020?

The National Association of Home Builders published the results of its Special Study for Housing Economics, highlighting the 2020 annual census of who makes up its members.

NSBAR joins forces with NICAR

The two real estate associations are teaming up to make a variety of services available to each other’s members.

Homeownership remains affordable despite price increases

Rising wages and falling mortgage rates are helping keep homeownership within reach of average wage earners nationwide despite surges in housing prices.

Redfin closes $608 million takeover of RentPath early

RentPath’s sites, which include ApartmentGuide.com, Lovely, Rent.com, and Rentals.com, will continue to operate as normal while their listings are integrated with Redfin.com, a process that is expected to wrap up in 2022.

Home prices hit 15-year high nationwide

Prices in the Chicago metro area were up 6.3% over February 2020 with “normal” market condition indicators.

MRED launches revamped private listings network

Midwest Real Estate Data has launched connectMLS, which aims to make accessing private listings easier and faster.

Truth About Agents 2021: Marketing

How much do you spend on marketing? See how it compares with other Chicagoland agents and brokers in our 2021 Truth About Agents survey.

Hallelujah, you’re home

The pews have been removed and this historic structure, which hit the market for $459,000, is decked out with modern amenities

Taking open concept to a new level

This newly renovated condo in Boston’s Jamaica Plain neighborhood takes open concept living to a whole new level.

Chicago Association of Realtors hosts panels for Women’s History Month

In an industry where women outnumber men almost two to one, there’s still work to be done, according to three of Chicagoland’s top women broker-owners at a forum held by the Chicago Association of Realtors in recognition of Women’s History Month.

S&P Case-Shiller: Chicago home prices continue to climb

Home prices posted monthly and yearly gains in January across the U.S. as well, according to the S&P CoreLogic Case-Shiller Indices.

Interest in tiny homes grows as popularity rises

While pandemic headlines had many leaving cities and moving to the suburbs or looking for additional space in their current home, interest in tiny homes was little remarked upon.

NAR: ‘Don’t panic, keep contracting’

The National Association of Realtors sends a message to members that it is working to ensure that the proposed Protecting the Right to Organize Act will not hurt their status as independent contractors.

New home sales slide nationwide

Much of the year-over-year increase in home sales was supported by continued robust activity in the Southeast, which saw a 20.2% rise to an annual rate of 458,000 transactions.

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