News / Features

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What are homebuyers looking for in new construction homes?

When searching for a new home, buyers have a lot of ideas about what they are looking for. From the layout to the design elements and even materials and finishes. In order to get an idea of what homebuyers

Real Estrange: New York’s out-of-this-world home

New York’s out-of-this-world home Spotted: A UFO (home) in New York. Jackie Gleason’s party house, resembling a UFO in the woods north of New York City, is on the market for $12 million. Dubbed “The Mothership,” the abode sits

Illinois real estate licensure rules get revamped

Illinois Governor Bruce Rauner signed into law Aug. 13 two bills focused on licensure rules for the state’s real estate brokerages, appraisers and other real estate professionals. Drafted with support from the Illinois Department of Financial and Professional Regulation

Chicagoland high school takes top spot in national high school ranking

Aurora’s Illinois Mathematics and Science Academy (IMSA) topped Niche’s 2019 list of Best Public High Schools in America, beating out Walter Payton College Prep, which topped 2018’s rankings. This is the first year that IMSA has taken the top

Illinois Realtors president-elect Dan Wagner resigns

llinois Realtors president-elect Dan Wagner resigned from his position on Aug. 13. Wagner made the decision solely based on the time demands of the position, saying that he wanted to spend more time with his family and focus on

Major cities across the nation see an increase in housing inventory

The lack of inventory has been troubling on the housing market, but a new report shows some areas in the U.S. are seeing an increase in inventory. Realtor.com released its Monthly Housing Trend report for July 2018, and according

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Where jobs, and homeowners, are moving across the US

The dynamics of the U.S. workforce and the housing market are intricately entwined. Local employment trends have significant implications for a city’s real estate market, not to mention the economic competition between states and metro areas that’s always evolving.

Americans no longer consider real estate as the best investment

For Americans, choosing an investment can be a nerve-racking and difficult decision. For years, investing in real estate has been a popular choice for a lot of Americans, but a new survey found that’s no longer the case. In

Chicago real estate agents create swimsuit calendar for charity

Twelve Chicagoland real estate agents have partnered for the inaugural Men of Chicago Real Estate swimsuit calendar. Created by Tony Mattar, an agent with Keller Williams Realty, the calendar looks to not only highlight some of the successful male

Buying homes is the most stressful event in modern life for Americans. How agents can help support them

Source: homes.com Purchasing a home is meant to be a joyful accomplishment, but many Americans found the the event to be stressful. A new survey from Homes.com found that nearly 40 percent of Americans said purchasing a new home

US housing stock ages as construction backlog grows

More Americans are becoming homeowners, particularly young adults. But the homes they are living in are generally older. Data from the U.S. Census Bureau’s most recent American Community Survey showed that in 2016, the median age of all owner-occupied

Real Estate in Brief: Home improvement spending, Realtors on TV and more

Homeowners appear to be spending more on maintenance and remodeling projects, reflecting an increasing preference in getting more life out of a home rather than trading up for a new one. According to a report from BuildFax, which aggregates

US foreclosure rate falls to 12-year low as borrowing grows

Two reports on the state of housing finance show that mortgage borrowers are still faring well financially despite some recent economic headwinds. The national foreclosure rate reached its lowest point since 2006, according to a report on May 2018 figures

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HUD looks for public comments on possible fair housing rule changes

The Department of Housing and Urban Development recently announced that it is looking for public comments regarding plans on “streamlining” the Affirmatively Furthering Fair Housing Rule, an Obama-era rule on desegregation. The rule was designed to help cities and

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See how the Chicagoland area's demographics have changed this decade

The nation experienced a certain shift age distributions over the last decade. With baby boomers moving on to retirement, millennials and Gen Xers began to make up the working population. To determine where the different demographics are more present,

Millennials are buying homes before marriage

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

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