News / Features

Certain segments of rental market likely to slow down in the short term

A new report points to a softening of rents in Class A properties. Whether that will extend to the rest of the rental market depends on how long the economic crisis continues.

Modernist icon seeks price

For the first time in 60 years, Richard Neutra’s iconic Lovell House is for sale with a price upon request. Built in 1961, the sleek design of this 6-bed, 5-bath home helped cement Neutra’s legacy as a pioneer of modernistic architecture.

A-frame to roundhouse

Ever wonder what it would be like to live in the round? This property in Victor, New York — on the market for $595,000 ­— has undergone a series of remodels that changed it from a triangular A-frame design to a mostly circular estate.

NAR survey shows agents expect post-pandemic market rebound

Agents are bracing for a spring slowdown, but hopeful for post-coronavirus recovery, says NAR.

A disruptor, disrupted: Redfin announces furlough of nearly half its agents

Redfin announced a massive staff layoff in a U.S. Securities and Exchange Commission filing yesterday.

Government-backed loan program is just the beginning

Small business owners could help keep their businesses running through a combination of Paycheck Protection Program loans and private loans.

Residential construction a bright spot in dire jobs report

The extreme spike in job losses in March are largely in the leisure and hospitality sectors, and keeping those workers afloat could be key to a robust recovery, according to economists.

How COVID-19 is affecting rents in Chicago

A recent report reveals how COVID-19 has impacted what landlords charge, as well as how current rental trends throughout the nation may fluctuate as the pandemic worsens.

A disaster with no playbook: Experts seek to make sense of a COVID-19 recession

Chicago Agent magazine is participating in weekly housing market webinars, led by Meyers Research Chief Economist Ali Wolf, to keep you informed about what’s happening with the economy and the real estate market in real time.

Watch expert interviews from our Accelerate Summit

At the 2020 Accelerate Summit, our speakers had a lot to say — both on and off the stage.

Chicago’s COVID-19 loan program now open to applicants

Learn how the city intends to distribute $100 million in low-interest loans to small businesses affected by the COVID-19 outbreak.

During coronavirus shutdown, real estate is deemed an ‘essential business’

Is real estate work considered essential? While agents still have to adhere to local and state guidelines, a new federal report offers official recommendations.

How title companies are hedging bets and keeping closings on track

The process of closing a real estate deal when vital city services are curtailed or temporarily unavailable is complicated. One local title attorney shares what’s changed and what the industry is doing to keep everything moving as smoothly as possible.

B&W pledges $150,000 to COVID-19 fund

In a letter to industry colleagues, CEO Steven Baird acknowledged that these are tough times, but also that he has “never been more confident in our industry’s collective resilience.”

NAR chief optimistic on home sales rebounding

February was another good month for pending home sales across the nation, but the coronavirus will put that all on hold.

Buyers pull back early; sellers, not so much

A national survey of real estate agents digs into how clients are reacting to the coronavirus outbreak, how home values will be impacted, and the likelihood that we’ve entered a recession.

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