News / Features

How to sound smarter next time you’re asked about recession risk

The Chicago Fed’s senior economist breaks down some of the more common misconceptions about the chance of recession in 2020 and offers thoughts on how real estate pros can be better consumers of economic data.

Chicagoland finished 2019 with its largest sales increase of the year

In a year that showed slowing home sales overall, RE/MAX’s most recent market report offers a bit of sunshine.

Single-family rents across the U.S. up slightly, as homeownership rates increase

Low-end rentals are propping up national rent growth, according to CoreLogic.

Back to the future: What experts got right — and wrong — about mortgage rates

While most of the predictions about interest rates in 2019 were off by a long shot, one crucial element of the housing market in 2020 remains true: The cost of borrowing is very low, by both modern and historic measures.

What else is new? Loan limits increase for Fannie, Freddie and FHA

It stands to reason that, as home prices rise faster than income, buyers are going to need larger loan amounts. And for the fourth straight year, the Federal Housing Finance Agency has increased the conforming loan limits for Fannie Mae, Freddie Mac and Federal Housing Administration loans.

Why what’s in the GSE bank matters

While there’s no guarantee that Congress or the administration will tackle GSE reform in 2020, the FHFA did announce that it will re-propose regulations on capital requirements for Fannie Mae and Freddie Mac sometime in the next year as a clear move toward the end of conservatorship.

A castle nestled in the forest

Located just outside the New York City suburb of Ossining, a gorgeous, medievalesque castle is now on the market for $3.5 million. Designed in 1927, the property sits on 48.6 acres of secluded land, but it comes with a catch.

A place of learning

Located along the Tippecanoe River in Indiana, a unique private residence is up for grabs for just $200,000. The inside of the property was once home to a school but has since been remodeled into a 4-bedroom, 4-bath home.

U.S. homebuilding surges to 13-year high

Coming off of the government’s numbers for December, economists predict the home building industry is on track for recovery in 2020.

Back from the brink: How much has Chicago bounced back from the recession?

Find out what the total value of housing is in Chicago, according to a new Zillow report.

Demos near 606 officially blocked in anti-gentrification move

Chicago City Council approved a six month ban on building demolitions along the popular biking and running path.

Chicago suburb named 2nd best city to live in

Winnetka Village was named the 2nd best United States city to live in by a financial news site.

How housing shortages impact job growth in Chicago

A new report by the National Association of Realtors ranks fast-growing cities in terms of the interplay between housing affordability and job growth.

Working with investors? Here’s the number crunch in Chicago

A new report estimates the potential profits and costs of being a landlord in cities across U.S.

Freddie Mac projects healthy outlook for Chicago multifamily market in 2020

Rent growth to continue as new supply is absorbed.

Bidding wars on the decline in Chicago

Redfin report shows competition for homes has dropped across the nation.

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