A recent study conducted by LendingTree analyzed where in the U.S. home prices were the most divergent. This provides a measure of inequality in real estate that speaks to the housing affordability crisis that many Americans face. On the

Zillow Group has announced its acquisition of Mortgage Lenders of America, and will use the company for its Zillow Offers program. The Zillow Offers feature started last year as Instant Offers and allows Zillow to buy and sell homes. The

Owning a home is a substantial part of the American dream. People have their dream homes that change and grow with the times. A new report from Porch predicts what new housing trends will dominate the housing market in

Wells Fargo agreed to pay a $2.1 billion fine in order to settle allegations of misrepresenting the types of mortgages the company sold to investors during the housing crisis, according to the Chicago Sun Times. Although the amount seems

The Great Recession hit all generations hard, but now experts are finding that those affected by the recession are on the ups. Millennials, Gen Xers, Baby Boomers and the Silent generations all experienced hardships as a result of the

The U.S. Census Bureau’s latest report on the national homeownership rate updated through the second quarter of 2018 showed no statistically significant change in the figure from the previous quarter or the same time last year. The rate stood

Many homebuyers are willing to compromise on almost anything except location. But according to new survey data from realtor.com, location has become synonymous with school district. Of all successful buyers surveyed, 73 percent say school boundaries are “important” to

As home prices continue to reach record-high levels, even modest increases in the inventory of homes for sale have not been enough to improve the picture for homebuyers in the second half of 2018. But winds could be shifting

There was an increase in single-family home starts in 2017 compared to the year prior, but the national average still fell short of normal levels seen before the recession. The 2017 Survey of Construction, released by the National Association

In a last-ditch effort to maintain some sort of flood insurance for homeowners, Senate passed another short-term extension of the National Flood Insurance Program (NFIP) on the day that the current program was set to expire, according to HousingWire.

Redfin unveiled a new metric, the Redfin Compete Score, which ranks cities based on how competitive the homebuying market is in that area. The scale ranges from not very competitive, where multiple offers are rare and homes take months

Coldwell Banker announced today that Lewis R. Jones has been appointed the managing broker of the company’s Oak Park office, which had previously operated as Gloor Realty. Jones last served as the managing broker at Coldwell Banker’s Lakeview office,

The National Association of Realtors membership grew this year, jumping from 1.22 million in March 2017 to 1.30 million in April 2018. Overall, the2018 National Association of Realtors Member Profile suggests that new members are more diverse than their

The worst of 2018’s inventory crunch may be coming to an end, according to recent data from the NAR’s pending home sales report. Nationally, the pending home sales index (PHSI) saw a 0.9 percent uptick in June, jumping from

Metro Chicago’s luxury market saw modest gains in the second quarter, according to the quarterly RE/MAX Luxury Report on Metro Chicago Real Estate. The sales of homes priced $1 million or more increased 1.9 percent from the same quarter

The housing market’s low supply and high prices have been affecting residents across the nation for a while, but now experts are starting to see these trends harm international home purchases in the U.S. According to a news report,