The Federal Reserve attempts to regulate accelerated inflation by raising interest rates for the third time this year, as reported by HousingWire. The Fed’s key rates have increased by .25 percent, to a current total of 2.25 percent. This rate hike is now the eighth since 2015, as

Massachusetts Senator Elizabeth Warren introduced an expansive bill to Congress Sept. 26 that would fund a wide spectrum of initiatives to bolster housing finance and enable more Americans to become homeowners. Called the American Housing and Economic Mobility Act

Chicagoland’s multiple listing service (MLS), Midwest Real Estate Data (MRED), has welcomed Bloomington-Normal Association of Realtors (BNAR) as its newest association partner. BNAR is the fourteenth Realtor association to partner with MRED, obtaining one of the nation’s largest MLS related services.   Founded in 1921, BNAR now supplies resources

The cost of living in a home has outpaced the wage growth of the average U.S. citizen, and is becoming an urgent concern for millions. Apartment List found that housing affordability is an evident determining factor for the quality of life

As millennials are expected to become the largest generation in history, it is no surprise the population’s location dynamic has been shifting. With Generation Y making up most of the labor force, millennials are following jobs that are relocating

Pending home sales fell for the eighth straight month on an annual basis, according to the August report from the National Association of Realtors. The Pending Home Sales Index dropped 1.8 percent from July’s 106.1 to 104.2 in August,

Realtors across many states in the nation reported slower homebuying activity in August as the Realtors Buyer Traffic Index fell to 57 from 69 in August 2017, according to the August 2018 Realtors Confidence Index Survey. Homebuying activity in

Although housing discrimination continues to be an issue for many in the LGBT+ community, more LGBT+ couples are buying homes. The National Association of Gay and Lesbian Real Estate Professionals (NAGLREP) put out its annual report looking at LGBT+

Bill Coduto, managing broker of Baird & Warner’s Barrington office, was named Realtor of the Year by the North Shore – Barrington Association of Realtors. “While running a high-producing large office, Bill stepped up to accept the responsibility of blending

The process of applying for and renewing real estate brokerage licenses through the Illinois Department of Financial and Professional Regulation (IDFPR) is moving almost entirely online. As of Oct. 1, the agency will not accept paper applications for real

Compass has announced its new partnership with Waze. Starting in October of this year, Compass listings will appear on the app’s live map thanks to the new real estate smart signs. “We’re taking our mission the move with the help

Mortgage firm bemortgage announced today that it will be moving to a division of CrossCountry Mortgage, Inc. Formerly a division of Bridgeview Bank Group, bemortgage launched in Chicago in November 2017, and now has more than 70 employees across

The metropolitan Chicago housing market is split into two different types of markets during the month of August, according to an analysis by the RE/MAX Northern Illinois Region. The number of homes selling for less than $500,000 totaled 9,953

After four months of declines, existing-home sales stayed steady in August from July, according to the National Association of Realtors’ monthly report. “Strong gains in the Northeast and a moderate uptick in the Midwest helped to balance out any

According to Housing Wire, the Federal Trade Commission (FTC) cracked down on a string of real estate websites allegedly targeting Section 8 renters, charging a weekly subscription fee for false rental listings. The FTC alleges that brothers and company owners Steven and Kevin (Kaveh) Shayan operated a set

Over the past decade, the property market for second homes and online travel operations have transformed significantly. A survey developed by real estate adviser Savills and HomeAway found that recent buyers are prioritizing the purchasing of second vacation homes for financial benefits rather