News / Features

Chicago real estate still trails pre-COVID-19 levels in realtor.com report

New listings back above pre-COVID-19 levels nationwide but still down from the previous year, according to realtor.com.

Unintended consequences of high prices and low rates

In these unprecedented times, it’s hard to know what’s next for the economy. But a few stark facts about the housing market will shape activity in 2021, according to local investors and economists.

Chicago buyers want affordable homes in coronavirus era

Chicagoans are looking for smaller, more affordable homes in the COVID-19 era, according to a new report from Point2.

Illinois equity-rich properties up slightly in second quarter

ATTOM Data Solutions’ report of increased equity in residences across the country could be good news for the nation’s ability to absorb potential wave of foreclosures.

Unemployment drops again, but long road to recovery remains

Nearly two million jobs were restored in July, as the economy struggles to return to pre-pandemic levels.

August is the new May for peak home sales

Peak homebuying season has shifted to the end of summer, according to realtor.com.

Foreign homebuying drops 5%

Foreign investors have taken pause when it comes to buying U.S. residential real estate, but better opportunities may be around the corner, according to the National Association of Realtors.

Frank Lloyd round

This 2,553-square-foot home in Phoenix is not a piece of history solely because it was designed by world-renowned architect Frank Lloyd Wright, but also because it was designed for Wright’s own son and daughter-in-law, David and Gladys Wright.

Housing with a pioneer spirit

This fully functional 2-bedroom, historic log cabin, built circa 1927-1929 in Murfreesboro, Tennessee, would make Abe Lincoln proud.

CAR slams Trump in statement on race in real estate

The Chicago Association of Realtors also offered ideas for how its members can dismantle racism and inequality in real estate.

Economists predict rally after deep Q2 dive

The U.S. economy suffered a titanic plunge in the second quarter, although economic activity is expected to increase in the third quarter.

Report finds rise in consumer finance complaints during pandemic

The number of financial complaints filed by consumers with the Consumer Financial Protection Bureau has risen dramatically during the COVID-19 pandemic, according to an analysis by LendEDU.

Chicago ranked 29th most expensive city for housing

RealtyHop asks whether homeownership is affordable for the average family. See how Chicago did.

Two months in a row for improved pending home sales

Contract activity up over last year “remarkable,” according to NAR chief economist.

Consumer confidence takes hit from COVID-19 resurgence

Optimism is waning across the country, especially in states where the coronavirus is spiking, according to a new report.

1031 exchanges back on the chopping block in 2020 election

As the presidential election season moves into full swing, a popular tax mechanism for real estate investors has found its way into the crosshairs.

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