News / Features

Second stimulus package adds billions in funding for small businesses

Lawmakers have approved another stimulus package aimed at replenishing the Paycheck Protection Program.

MRED offers new classes and data to assist brokers during COVID-19 shutdown

The MLS rolled out a new online toolkit this week to gather information and resources all in one place.

Home sales down in March, but prices holding steady

The latest existing home sales report from the National Association of Realtors shows the impact of COVID-19 on sales numbers but not prices.

Chicagoland bucks downward trend with robust March sales data

While activity is sharply down across the country, Illinois Realtors reported existing-home sales data that countered national numbers.

The agents and offices doing the most business in Q1

The first quarter of 2020 ended on a disconcerting note, with the declaration of a state of emergency, alongside a “stay at home” order that we’re still operating under. But that doesn’t mean we can’t celebrate the hard work that kicked off the year.

Report warns landlords to think twice about evictions

A new Marcus & Millichap report calls on multifamily owners and operators to implement a 90-day moratorium on evictions.

Tightening credit expected to impact sales, according to new model

First American Chief Economist Mark Fleming predicts a reduction in spring sales activity and a moderation of price appreciation.

Homebuilder confidence takes a hit, though experts see light at the end of the tunnel

Economists believe home sales can help drive the nation’s economic recovery from COVID-19.

A quarter of Realtors have sold homes sight unseen

A National Association of Realtors survey shows that one in 10 members have either seen their business grow or remain flat under COVID-19.

COVID-19 poses serious safety and marketing challenges for construction in Chicagoland

Real estate brokers, developers and builders are seeing rapid change in the new-home market in response to the coronavirus pandemic. Find out what the industry is doing now to get ready for the new normal.

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.

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