News / Features

How Freddie Mac is leading the way for women in real estate

Although most Americans alive today have never known a world where women are absent from the workforce, most are still well aware of the discrimination and injustice that continues to plague working women. Though gender norms continue to be

Chase’s chief economist on why he’s bullish on Chicago real estate

American homeowners have a vested interest in the U.S. economy, and by association, so do real estate agents. The size and scope of the housing market, itself just one piece of the world’s largest economy, makes this a difficult

New 2019 housing forecasts reflect brighter outlook

Only three months ago, the consensus among economists studying the U.S. housing market was that 2019 would be, at best, unimpressive. Given prevailing trends at the time, it looked as though rising interest rates would continue driving up the

Bringing together tech and real estate data to solve problems

The U.S. Census Bureau is renewing its push to stimulate innovative technological developments through the use of its own data. The Opportunity Project (TOP), a collaborative effort between government agencies and private tech firms, continues to build upon initiatives

The industry’s glass ceiling problem

Real estate is a field that traditionally counts more women among its ranks than men; the 2018 National Association of Realtors Member Profile found that 63 percent of all NAR members were female last year. Yet when it comes

High-end rental brokerage enters the condo fray with new sales division

Luxury Living Chicago Realty, a high-end rental brokerage, is moving into sales. The company’s book of leasing business includes the 449-unit River City complex in the South Loop, one of the largest in a flurry of buildings recently deconverted

Real Estrange: Prepared for anything; Small place, huge price

Prepared for anything Those who fear the end is near might be interested in this apocalypse prepper’s paradise, on the market for $18 million. Just outside Death Valley National Park in Goldfield, Nevada, this circular home has 22 rooms

This week in Chicagoland real estate: Lincoln Yards, Ford City mall and more

  Lincoln Yards development gains TIF district The Community Development Commission voted 10-0 on Tues. March 19 to support the Cortland/Chicago River TIF district. This decision would provide up to $900 million in tax increment financing for infrastructure around

What’s ahead for FHFA nominee Mark Calabria?

On Tuesday, Feb. 26, the Senate Banking Committee voted to confirm Mark Calabria as the new head of the Federal Housing Finance Agency. Assuming he makes it through the full Senate vote, which has yet to be scheduled, Calabria

Pending home sales grow nationally, a welcome sign for spring

The first evidence that homebuyers are reacting to favorable market conditions came in the National Association of Realtors’ latest Pending Home Sales report. According to NAR’s index of pending home sales activity, contract signings grew 4.6 percent in January

Real Estate in Brief: New homeowners, economic growth and more

Homeownership rate posts eighth-consecutive quarterly gain The newest estimate of U.S. homeownership rates, released Feb. 28 by the Census Bureau, showed that more Americans have become homeowners in the last two years. As of the fourth quarter of 2018,

Learn from the best: Accelerate Summit brings real estate experts together Tuesday

Next week, we’re doing something big. Chicago Agent magazine is hosting its first-ever full-day real estate event, called the Accelerate Summit, on Tuesday, March 5 at the Merchandise Mart. Why now? Well, we saw a need, as the market

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Case-Shiller: Home prices growth trending downward

  One of the most widely cited barometers of the U.S. housing market showed home price growth continuing a downward trend at the close of 2018, an positive sign for buyers. The S&P CoreLogic Case-Shiller Home Price Index registered

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Case-Shiller: Home price growth trending downward

  One of the most widely cited barometers of the U.S. housing market showed home price growth continuing a downward trend at the close of 2018, an positive sign for buyers. The S&P CoreLogic Case-Shiller Home Price Index registered

This week in Chicagoland real estate: South Loop, Lincoln Yards & more

Another mega-project on the South Side? Landmark Development plans to create a multibillion-dollar development straddling a set of railroad tracks near Soldier Field and McCormick Place. The initial plans are to build millions of square feet of residential, office, retail

Real Estate in Brief: Selling in spring, odd lots and more

Early May named the best time to list a home Plenty of Americans are getting anxious about the arrival of spring, particularly those who are homeowners looking to sell in the near future. As it turns out, spring may

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