News / Features

The 10 healthiest housing markets in Illinois

SmartAsset completed a study to find the healthiest housing markets, or the easiest cities to sell a home, within the state of Illinois by evaluating stability, affordability, fluidity and risk of loss.  The company said they considered the number of years people remained in their homes and the

Real Estrange: An abode for the apocalypse, a former crime site

A former crime site Looking for a home with a notorious past? Then check out this Palm Island estate that was once owned by Prohibition-era gangster Al Capone. Listed for $14.9 million, 93 Palm in Miami Beach has a

Chicagoland real estate update: Which city was named best place in US to retire?

Located 44 miles west of Chicago, Geneva, Illinois, has been named one of the best places to retire by Kiplinger.com. Geneva checks every box on the list for what retirees are looking for a small to mid-sized city without giving

NAR names new marketing, government affairs leaders

The National Association of Realtors announced new additions to the senior leadership staff of its marketing and government affairs divisions. According to an Oct. 2 press release, the association named Victoria Gillespie as chief marketing and communications officer, effective immediately,

Homeowners feeling more confident in the economy, ready to sell

As home prices continue to rise across the country, homeowners appear ready to sell their homes. A record 77 percent of Americans believe that now is a good time to sell their home, according to the National Association of

Report: Gender and racial inequality continues to impact housing affordability

While housing is still affordable on a national level, growth in household income is decelerating while gender and racial gaps persists. A new study by Free and Clear looked at data provided by the Census Bureau’s 2017 household income report

Weichert Realtors Nickel Group joins BHHS KoenigRubloff Realty

Berkshire Hathaway HomeServices KoenigRubloff Realty Group announced that Weichert Realtors Nickel Group has joined its team as of Oct. 1. John Lawrence, broker/owner of Weichert Realtors Nickel Group, will lead the office of 56 agents as managing broker. Located

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Real Estate in Brief: Rising interest rates, the smart home market and more

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

Sen. Warren introduces $450 billion bill to fund housing affordability

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

Bloomington-Normal Association of Realtors partners with MRED

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

Housing legislation struggles through Congress

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

These Chicago ZIP codes have the largest share of millennials in the country

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 continue to see declines

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,

Homebuyer traffic remains strong despite slight slowdown

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

LGBT+ couples are showing a stronger desire to purchase homes

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+

Baird & Warner's Bill Coduto receives NSBAR's Realtor of the Year award

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

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