News / Features

What's the best neighborhood to find a bargain in Chicago?

Renting or leasing a home can be expensive, let alone buying one. While home price growth has slowed, many are still unable to afford to buy a home in some of America’s biggest cities. But Realtor.com may have a

Real Estrange: California ghost town a hot property

California ghost town Looking for an entire ghost town equipped with its own abandoned hotel, church and bunkhouse? Head just south of the Sierra Nevada in California toward this 300-acre property called Cerro Gordo, which means “fat hill” in

Private equity firm buys stake in @properties

A Virginia-based private equity firm has purchased a stake in @properties, Chicago’s largest independently owned real estate brokerage by sales volume, according to a filing with the Federal Trade Commission. The pre-merger notification is dated April 19, 2018, but

City Council approves 4 major downtown projects, Obama Center

In a single session on Oct. 31, Chicago City Council approved four centrally located developments that would together add approximately 7,000 new housing units, 1,200 hotel rooms and 2 million square feet of new office space downtown, the Chicago

Real Estate in Brief: Record-high lobbying spending driven by midterm elections, and more

The amount of third quarter spending on political lobbying is at a record high since 2010 with $2.6 billion spent and the National Association of Realtors is one of the top spenders. The total amount of money expended is up by approximately

Rent control remains hot issue ahead of Illinois election

Rent control has emerged once again as a point of contention ahead of the Nov. 6 midterm elections. Voters in several Chicago precincts will be submitting their opinions on the matter as part of an advisory ballot question, which

Millennials most willing to bunk with ghouls for large kitchen space and other sweet treats

Realtor.com’s annual Haunted Real Estate Report found that millennials are more willing than any other generation to sleep with what goes bump in the night, for a small bonus. According to the 2018 survey, one in three respondents, specifically millennials, were willing

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Chicagoland Real Estate Update: Luxury homes are moving fast in Cook County, and more

The city of Chicago was named the best city to live in the U.S. in the 2018 Readers’ Choice Awards by Conde Nast Traveler. Chicago beat out 15 other large cities, including New York and Los Angeles. “Second city?

Case-Shiller: Annual home price gains fall below 6 percent in August

The S&P CoreLogic Case-Shiller national home price index grew 5.8 percent in August, slowing slightly from the 6.0 percent gain seen in July. The 10-City composite is up 5.1 percent, while the 20-city composite grew 5.5 percent. On a

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Realogy's Corcoran, Climb to begin franchising deals

Real estate holding company Realogy has announced that it will begin selling franchise agreements for two of its brokerage brands, The Corcoran Group and Climb Real Estate. Corcoran is based in New York City and until now has primarily served markets

Real Estate in Brief: Opendoor's bonus credit, FHFA talks diversity, and more

The home-trading startup Opendoor has made several changes of approach when attracting homebuyers in the Phoenix and Dallas-Fort Worth markets. The company has featured a bonus $1,000 credit to buyers who purchase Opendoor’s for sale homes in these markets; whether through an Opendoor “partner agent” or through a direct purchase on their own. Buyers

Illinois Realtors releases voter guide ahead of Election Day

Early voting ahead of the Nov. 6 midterm election has already begun throughout Chicago and Illinois, which means Realtors associations are ramping up their push to get the word out on their preferred candidates. In conjunction with the Realtors

What do homeowners say makes a good neighbor?

Having terrible neighbors can be an extremely negative experience for homeowners. However, luckily the vast majority of people currently believe that they have good neighbors. According to Realtor.com’s Good Neighbor Report, 77 percent of participants said they are satisfied with

Pending home sales grow slightly in September indicating stabilization

Despite the general trend toward a fall slowdown, pending home sales rose slightly in September compared to August. The National Association of Realtors reports that the pending home sales index rose 0.5 percent from 104.1 in August to 104.5

National Association of Realtors heads to Boston for 2018 Realtors Conference and Expo

The city of Boston is getting ready for the National Association of Realtors 2018 Realtors Conference and Expo, which will take place at the Boston Convention and Exhibition Center on November 2-5. More than 20,000 Realtors, experts and guests

How much will rising mortgage rates cost homeowners?

Recent reports of a sluggish housing market have put at least some of the blame on rising interest rates. Over the last 12 months, the interest rate on a typical 30-year fixed-rate mortgage has increased by nearly one full

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