News / Features

What are the top 10 issues affecting real estate in 2018?

The Counselors of Real Estate recently released its annual Top Ten Issues Affecting Real Estate list for 2018-2019, which includes both current and long-term opportunities and challenges. Interest rates and the economy, which may result in limited affordable housing, is

Real Estrange: Floating on the ocean, a teen film landmark

A teen film landmark Feeling a sense of nostalgia? Located in Tacoma, Washington, this exquisite Victorian home was featured in the 1990s film “10 Things I Hate About You” starring Julia Stiles and the late Heath Ledger. On the

New condos coming to historic Ukrainian Village site

Wilshire Homes Development and @properties announced the beginning of sales for a condominium building in Ukrainian Village. The Boulevard will be located at 1938 W. Augusta, just east of Damen Avenue.  The property itself has historical significance to the

How many years does it take to save for a down payment in Chicagoland?

  In recent years, surveys from the National Association of Realtors and Zillow have found that saving for a down payment is the most significant hurdle for renters who want to own a home. But how long does it

MRED unanimously reelects strategic manager

The Midwest Real Estate Data Board unanimously voted Art Carter to serve another year as a strategic manager. An MRED press release announced the news of Carter’s re-election as one of the Board’s two strategic managers. Carter has held

New survey shows how agents are using mobile technology

Homebuyers want more technology use from their agents, and a new report shows that Realtors are starting to implement more technology into their workday.  Realtors Property Resource found that that 85.28 percent of Realtors used a mobile device, specifically

Chicago is one of the best cities for construction workers

Some professions make more than others, and those incomes basically set the path for how someone lives their life. RENTCafé had an idea that maybe you income could be more profitable in some cities, and less than others. RENTCafé

How does Chicagoland rank in sustainability development?

It’s time America steps up their sustainability measures around the country, and a new report shows which cities are leading the way. The Sustainable Development Solutions Network released its second annual report on U.S. city sustainability, which looked at 100

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Real Estate in Brief: Freddie Mac to help fight rural unemployment, new millennial mortgage data and more

Freddie Mac, the government-owned real estate finance firm, announced June 15 that it had partnered with an outplacement services provider to help rural homeowners who may be at risk of foreclosure due to a lapse in employment. It’s part

Vista Tower to offer Tesla car share program

Vista Tower is preparing to be the first luxury development in Chicago to offer a car-sharing program, with Tesla available exclusively to its residents. Those who wish to use the service will have access to a Tesla which will

Chicagoland sees record median home sales price in May

The metropolitan Chicago housing market continues to see new highs in median sales prices, according to the latest RE/MAX housing report. The median sales price grew 2.8 percent to $256,000, which is higher than any other month since June

RE/MAX: Days on market sets near record low

The latest U.S. home sales report from RE/MAX shows that buyers are snapping up homes in near record time. Across 54 metro areas included in the survey, listings lasted only 46 days on average before being placed under contract. Only

Real estate industry fights back against LGBT discrimination

In April, the real estate industry and housing advocates across the country celebrated Fair Housing Month. This year’s celebration was even more noteworthy, as it marked the 50th anniversary of the Fair Housing Act’s passage on April 11, 1968.

HomeSpotter adds geotargeted open house promotion with Waze

In an effort to target potential buyers in a particular area, HomeSpotter added a new feature that does exactly that. Through Boost by HomeSpotter, real estate brokers are able to connect with likely buyers on social media. Now, brokers

Howard Ackerman joins the Regions Mortgage team

Regions Mortgage has announced Howard Ackerman as its new Mortgage Production Manager. According to a Regions press release, Ackerman will be responsible for establishing Regions Mortgage in Northern Illinois. Along with various leadership roles at Chicagoland banks, Ackerman was

Majority of Americans still planning to buy a home despite growing anxieties

Buying a home is a step in life most Americans plan on taking sooner or later, but a new survey shows more than half of Americans who plan on buying a home, or those who already bought one, have

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