News / Features

Illinois Realtors sees ‘sustained pressure’ on buyers

Home sales are down, while prices and rates are up. Still, the data coming out of Chicago is a bit more encouraging than the state and regional numbers.

October market offers low rates but high demand in Chicago

Reports from RE/MAX and MORe show increasing home sales and prices in Chicagoland, though no local data points are maintaining the same pace as national numbers.

Rent is on the rise — find out why

The latest analysis from CoreLogic shows that Chicago renters are paying an average of 2.2 percent more in rent this year over last.

Housing starts up nationwide, Midwest still struggles to keep pace

Two percent jump in housing starts nationwide could mean lower chance of recession

The homeownership gap is closing, albeit slowly

Minority homeownership, which plummeted during the Great Recession, is climbing back up.

Buyer experience improving with mortgage lenders

But beware of the busy times: Customer satisfaction rates drop when loan volume increases.

First American: ‘If you build it, they will buy it’

Housing starts make progress in September, showing signs of more inventory on the way.

From weed to taxes: Regs that will impact your business in 2020

New laws, shifts in tax assessments and possible methods for filling government shortfalls are all situations brokers should be watching in the coming months.

Charles Rutenberg Realty among top five large companies in QE Awards

The results were determined by an independent survey of past customers, examining every closed transaction for the calendar year.

Buyers increasingly depend on family while sellers rely on agents

The National Association of Realtors’ 2019 Profile of Home Buyers and Sellers reveals that FSBOs are on the decline and that buyers are in need of help when it comes to making home purchases.

An isle for Frank

There are lots of Frank Lloyd Wright homes out there, but not many of them feature private parking for your client’s helicopter. This listing actually features three properties on Petre Island, two of which were designed by the renowned architect.

Everybody yurts, sometimes

On a 4-acre lot in Reeds Spring, Missouri, yurt-building pioneer Bill Coperthwaite taught seminars and led the construction of two of the four circular tentlike structures that are now for sale for $129,900.

Local brokerage snags top spot in Chicagoland best workplaces list

Looking at the Trib’s Top Workplaces 2019 list, it’s clear many in the Chicagoland real estate community are happy with their brokerages.

Affordability tug of war between prices and interest rates

For now, low borrowing costs are keeping pace with rising prices. But how long can this last?

Harvard report projects vibrant housing market, provided construction ramps up

The Joint Center for Housing Studies’ State of the Nation’s Housing report stresses the need for more inventory.

Latest jobs report beats expectations

After the October jobs report showed unexpected labor market strength, experts believe the Fed will be unlikely to plan further rate cuts.

New Subscribe

  • This field is for validation purposes and should be left unchanged.