Illinois experienced a strong demand for homes in June as homes sold quicker and at higher median prices last month, according to the Illinois Realtors monthly home sales report. In June, total sales of single-family homes and condominiums were

Millennials have turned out to be the largest generation in history, but surprisingly, they make up the smallest percentage of U.S. homeowners among all generations. Although most millennials, those ages 18 to 34, have reached their peak homebuying years,

A consensus among mortgage industry leaders heading into 2018 was that interest rates would rise. The Mortgage Bankers Association predicted that interest rates could hit 5 percent by the end of the year. And while mortgage interest rates have

For young adults, owning a home can be a daunting and expensive task. As a result, it is common for most young adults to take place in house sharing, which is an easy way to save money. It’s so common

Redfin announced this week that it will be looking to raise up to $239 million through a combination of stock and debt offerings. According to a filing made with the U.S. Securities and Exchange Commission, Redfin said that it

For-sale-by-owner (FSBO) listings tracked by the National Association of Realtors comprised only 8 percent of all home sales in 2017, the lowest rate since NAR began tracking the figure in 1981. FSBO sales as a percentage of all residential

A recent study by SmartAsset ranked Chicago one of the top 10 most undervalued cities in the United States. Based on variables such as unemployment rates, price per square foot, crime rates and other factors, the study analyzed data

Online, automated home value estimates continue to shake up the industry, and they are only going to have a bigger role in the home buying and selling process as technology improves. Though the new tool might cause headaches for

As home prices continue to grow across the country, the ability to own a home can become out of reach for many. According to a new report by RENTCafe, the amount of families with minor children who own a

A combination of findings detailed in recent housing market reports in major metropolitan markets, as well as nationally, has some analysts predicting more favorable conditions for buyers in the coming months. Jeff Lazerson, president of MortgageGrader.com and author of

This week, more than 20 top housing trade groups urged Congress to extend the National Flood Insurance Program (NFIP) which is set to expire on July 31, according to a story from HousingWire. Along with reauthorization, the act is

The average time it takes to complete a single-family home is about seven and a half months, the same amount of time it took in the previous year, according to the 2017 Survey of Construction from the Census Bureau.

Lately, it seems like each monthly report on the U.S. jobs market represents another milestone for the economy. In recent months, the Census Bureau has found the overall employment rate to be at its lowest point since 2000. In

Former train station turned future home This former Amtrak station in Bloomingburg, New York has been transformed into a luxury home that just hit the market for $895,000. With a waiting room turned living room and a ticket office-turned-home

What was your first job in the realty industry? Broker. Where did you grow up? Iowa. Growing up, what did you want to be? Farmer. What do you do to relax when you’re stressed? Work out. If you could

Berkshire Hathaway HomeServices KoenigRubloff Realty Group has announced a new associate manager. CEO Nancy Nagy appointed Anne Hardy as the associate manager for the Libertyville office. Hardy will work with Mark Pasquesi, who was recently promoted to managing broker for