News / Features

Nextdoor teams up with HouseCanary to push market data

Nextdoor, the social network for neighborhoods, has announced that they will be joining forces with real estate analytics company HouseCanary to push property valuations and forecasts on the social platform. Agents regularly turn to Nextdoor as a resource for

Breaking down homebuilding costs in 2018

While the price of building a new home may be more than the cost to buy a pre-owned one, building a home allows buyers to design the home with the features they want. According to a Trulia study, 41

Renting costs more than owning in most US metros. By how much?

It’s widely known that the cost of living in certain U.S. cities can be far higher, or lower, than average. While it’s a little more contentious, it’s also generally accepted that owning a home leads to lower costs than

To buy or build? How homebuilding costs may affect today's consumers

While the price of building a new home may be more than the cost to buy a pre-owned one, building a home allows buyers to design the home with the features they want. According to a Trulia study, 41

Builder confidence continues to grow in 55+ housing market

Builders continue to show confidence in the 55+ housing market as the second quarter index increases to 67, one point up from last quarter. According to survey results, the National Association of Home Builders (NAHB) 55+ Housing Market Index

Coldwell Banker Residential Brokerage names Hunter Andre sales specialist at Lakeview, Halsted offices

Coldwell Banker Residential Brokerage has announced that Hunter Andre has been named the sales specialist at its Lakeview and Halsted offices. In his new position, Andre will support manager Bernadette Kettwig in recruiting and sales development across the offices.

Chicagoland home prices rank among nation’s most unequal

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

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Zillow acquires Mortgage Lenders of America

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

What will new homes look like in 2036?

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

Real Estate in Brief: Well Fargo pays $2.1 billion fine, number of mortgage applications down and more

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

Gen X sees the highest wealth recovery from the housing crash

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

Young adults post best gains in Q2 US homeownership rate

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

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How much school districts really matter to new homebuyers

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

Sluggish mortgage rate growth could help home sales

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

Single-family starts in 2017 were under pre-recession levels

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

Congress passes short-term flood insurance extension

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.

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