In national real estate news, we have the first indication that home price increases have hit negative territory, economists disagreeing about why that might be and a new hire at NAR.

Using these two sets of data released Tuesday, the market’s outlook for the next few months seems to be good, since pending home sales have been increasing and home price growth has been decreasing.

The detached shipping container unit nestled in the backyard can serve as an additional bedroom, office space or outdoor entertaining area and has been fully renovated to include a stylish front entrance and abundance of windows.

This 1,800-square-foot home in Sherman Oaks, California, seems to dangle over a cliff. Supported by stilts, the property boasts floor-to-ceiling windows and glass balcony railings that reinforce the feeling of living in the open sky.

Mark Calabria discusses his plans for mortgage market, new-home sales pick up steam, millennials place homeownership above marriage and more in this week’s roundup.

One brokerage unveils a mural dedicated to immigrant homeownership, Chicago ranks high on sustainability and more in this week’s local real estate roundup.

To be launched in May in the Dallas-Fort Worth market, the company hopes to expand the iBuyer program to six to eight “major markets by the end of 2019,” and plans to “deploy $100 million through Keller Offers” over the course of the year.

The Joint Center for Housing Studies at Harvard University recently analyzed the decline in U.S. mobility to determine possible reasons for the steady downturn in residential migration. It turns out everything from “house passion” to zoning laws to multi-generational housing could be to blame.

Although disappointing on its face, the news that sales activity declined in March compared to an unusually strong February wasn’t a shock to housing market experts.

Updates on Opportunity Zone rules, tax breaks The Treasury Department released a document April 17 offering the first detailed look into regulations it is proposing around the new Opportunity Zones program. Announced as part of the 2017 Tax Cuts

Real estate is making news in Pilsen, Lakeshore East, on the former site of the Harold L. Ickes Homes public housing development, in Oak Park and more this week. Also, the Census Bureau reported a mixed bag of population data for Chicagoland Thursday.

See how 2019 started out with our first quarterly release of Real Data.

Housing inventory rose to a 4.4-month supply, an increase from both last month’s 3.4 months and last year’s 3.2 months. Chicagoland inventory is also higher than the national supply of 2.7 months.

Researchers warn recent measures of the first-time buyer population may not be accurate, noting that estimates from the National Association of Realtors “reflect a relatively small sample of housing transactions and therefore may not be representative of the overall market.”

RE/MAX Premier, and office most closely affiliated with downtown deals, announced today that it had acquired RE/MAX NorthCoast in the Edgewater neighborhood.

Any agent knows how stressful moving can be for clients. Many don’t realize how much clutter they have accumulated over the years until they have to pack it all up in boxes and move it somewhere else.