News / Features

A home afloat

At 75 feet long, this new take on the classic houseboat boasts 4,350 square feet of living space and is able to float freely, be tied to a dock or stand up in the water courtesy of hydraulic legs.

This week in Chicagoland real estate: Largest deconversion ever, boomer development and more

River City broke a record and a new medical-residential complex targeted at baby boomers is being proposed for south Wabash. Plus, are developers giving up on TIFs after the controversy stirred up by Lincoln Yards?

Redfin unveils latest move against buyer agent commissions

Redfin Direct has been in testing phases in the Boston market since March, and its next market is expected to be Virginia. The new program provides a way for unrepresented buyers to have a seat at the negotiating table without an agent occupying the one next to them.

Homeownership up as renter population skews older

As the economy has improved, more Cook County residents may be ready to make the transition from renting to owning their homes. A recent report on housing trends in Chicagoland found that after peaking in 2015, the number of renter households in the county decreased by 20,911 in 2017 while owner households increased by 14,759.

Sellers confident, but need agents’ help

While it may be natural to assume sellers are stressing about duties that tend to fall outside of the bounds of agents and brokers, such as mortgages or moving, the survey also showed that the item at the top of the list of most respondents’ lists of concerns was getting a home ready to sell.

Chicagoland roundup: City launches new site, Oak Brook development OK’d, MRED moves and more

This week in Chicagoland real estate news, the city announces a new website that may just help your business, a mega-project is approved in Oak Brook, MRED announces new services and more.

Real estate in brief: Cooler prices, association hires and more

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.

Indicators suggest an upcoming buyer’s market

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.

Try to contain yourself

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.

For the cliff dwellers

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.

Real estate in brief: FHFA plans, new home sales and more

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.

This week in Chicagoland real estate: Picturing the American dream, sustainable affordability and more

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

Keller Williams moves closer to release of iBuying service

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.

Why Americans aren’t moving as much

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.

Home sales fall back to earth in March

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.

Real Estate In Brief: Opportunity Zone rules, purchase activity and more

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

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