News / Features

Chicago defies national trend with May increase in active inventory

Although the single-digit decline from the previous month nationally is good news, home sales still lagged May of 2019 by 33.7%.

Lenders predict ‘near term strength’ for the housing market

May applications for new home purchases were up 26% from April, pointing to a recovery that’s already underway.

Permits, builder sentiment indicate turning point for the market

In a sign of continued forward momentum, single-family permits posted an 11.9% gain in May, while builder sentiment jumped 21 points in June.

Pride Month kicks off with landmark decision and new video series

It’s time to celebrate Pride Month and the recent U.S. Supreme Court decision for workplace equality. What better way than to meet some members of the LGBTQ community at RE/MAX?

Redfin: Bidding wars up in May in Chicago

Bidding wars are beginning to return in Chicago, according to a new report.

New eviction rules to be considered by city council tomorrow

Chicago Mayor Lori Lightfoot is proposing a slower process that offers more alternatives to tenants. But the Chicago Association of Realtors has raised constitutionality questions that have gone unanswered so far.

Survey finds COVID-19 has disproportionate impact on minority housing options

A higher percentage of black and Hispanic individuals say their housing has been impacted by COVID-19, according to a new survey.

Chicago home flipping fetches among highest returns in the nation

Nationwide, home flippers saw a 36.7% return on their investment in the first quarter of 2020.

Single-family rent prices post lowest growth rate in 9 years

The latest CoreLogic report reveals the first measurable impact to the single-family rent market, pushing price growth to its lowest rate since the initial recovery of the Great Recession.

Three-quarters of homebuyers and renters change plans due to COVID-19

The survey of 1,500 adults also shows that the inability to tour properties in-person because of COVID-19, was the most common reason (42%) respondents chose not to move.

Why inflation presents a ‘golden opportunity’ for buyers

In a presentation to the Mainstreet Organization of Realtors, NAR’s chief economist offered buyers’ reps some talking points for clients who might feel hesitant to enter the market.

Civil unrest doesn’t stem Chicago housing sales

The market recovery continues amid nationwide protests.

As a result of COVID-19 pressures, Chicago renters are going … smaller?

A new analysis from a local real estate brokerage that focuses its business on rentals uncovers some surprising trends in renting.

Here’s what the Fed’s decision means for the housing market

The fact that interest rates will remain at or near 3% for the next three years could boost the housing industry.

New survey estimates post-COVID housing demand to be 2.1 million

A new national consumer study reveals radical changes in how Americans want to live in their homes, post-pandemic.

Homebuying pushed further out of reach for millennials

“Homeownership has already been delayed for many millennials and the coronavirus could push the timetable even further out for some.” — Danielle Hale, chief economist, realtor.com

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