News / Features
After Illinois Realtors president-elect Dan Wagner announced his resignation in August, many wondered who would be taking over the top spot next year. But the Illinois Realtors have announced that the president’s position will remain vacant in 2019. In
Lending Tree ranked the top 50 most valuable cities in America from its collection of real estate data covering more than 155 million U.S. properties. While competing against many high-ranking coastal cities, Chicago made the top 5 most valuable cities with a ranking at No. 4. Chicago’s total value was approximated to be $813
Figuring out what new home to purchase includes more than just the house itself. Buyers also look at a number of other factors, including the neighborhood that the house is located in. However, sometimes compromises need to be made
In keeping with a decades-old trend, an analysis of Census Bureau data by the National Association of Home Builders found that the median size of a lot on which a new home was built in 2017 reached a record
The homeownership rate among minorities continues to increase, but there is still some progress to be made, according to the National Association of Home Builders. The homeownership rate among all minority groups in the second quarter of the year
A panel of 100 real estate economists and industry experts surveyed by Zillow said they don’t expect the U.S. housing market to shift decidedly into a buyers market until at least 2020. According to Zillow’s Q3 Home Price Expectations
The U.S. economy grew at its fastest pace in four years during the second quarter of 2018, a reflection of low unemployment and greater willingness among consumers and businesses to spend and invest. According to the latest economic forecast
Facebook recently announced changes it will be making to its advertising tools after the company was accused of potentially enabling housing discrimination on the platform. Earlier this month, the U.S. Department of Housing and Urban Development filed a discrimination
Job growth often leads to increased home value, but why are some cities overwhelmingly surpassing others? A new report from Zillow points towards zoning restrictions seem to have an impact on growing home values. From Zillow’s data, the medium
For those under the age of 24, a career in construction is an unlikely reality and an even rarer goal. According to the Wall Street Journal, many parents these days may feel they have failed their child if they do
Midwest Real Estate Data (MRED) has announced Alon Chaver as a new addition to its board of managers. Chaver is the chief information officer at HomeServices of America and will serve MRED as one of two strategic managers. Chaver
New national home sales figures released by the National Association of Realtors Aug. 29 continue to show a housing market that can’t keep pace with prior years of stellar performance. For the seventh month in a row, NAR reported
The latest release of new home sales numbers from the U.S. Census Bureau and the Department of Housing and Urban Development reported the number of new homes sold in July fell 1.7 percent from the previous month, marking the
Recent trends in the housing market suggest that couples are reversing what used to be considered the norm: they are buying homes before marriage. The share of unmarried homeowners has spiked significantly in recent years, according to a report
The National Association of Realtors launched a new initiative focused on improving the financial wellbeing of its 1.2 million members. Last week, NAR unveiled its online Center for Realtor Financial Wellness, a website that includes a number of tools
Existing home sales slowed slightly in July to the slowest pace in more than two years and represented the fifth straight month of declines, according to the latest report from the National Association of Realtors. But demand stayed steady