News / Features

Midwest Real Estate Data announces hiring of new CTO

Midwest Real Estate Data has announced that industry veteran Chris Haran will be joining the organization as its Chief Technology Officer. Haran comes to MRED from Coldwell Banker Residential Brokerage, where he had served in a variety of roles since

Real Estate in Brief: NAR supports proposed association health plan rule

The National Association of Realtors has expressed support for a new regulation proposed by the U.S. Department of Labor that would expand the definition of “employer” to encompass “working owners” and could result in trade associations like NAR being able

Experience a new level of comfort in condo living at Renelle on the River

  “It’s exciting to be right on the cusp of something new,” says Beth Wexner, a senior sales broker for @properties and lifelong Chicagoan. Over the last decade, she has seen the Chicago Riverwalk’s transformation from an afterthought into

Cohousing developments continue rise in popularity

Imagine a world in which your next-door neighbor not only is your best friend but your de facto babysitter, your source for sugar when you realize mid-baking session that you’re out, and your dinner companion when you’re home alone.

Check out the most expensive ZIP codes in Illinois

Chicago suburbs continue to top PropertyShark’s list of most expensive ZIP codes in the state, according to a new report. For the second year in a row, the 60043 ZIP code topped the list. The ZIP code, which includes

Where did baby boomers move in 2017?

Baby boomers and empty nesters are still moving to Florida, but in a surprise turn of events, the leading city attracting this generation of buyers goes to Phoenix, Arizona. As with the six Florida metros on realtor.com‘s top 10

Real Estrange: A real estate cure

Once operated by the Marine Hospital Service, this building—now on the market for $749,000—awaits restoration or reuse as a single-family home in Galena, Illinois. Included is the U.S. Marine Hospital sign that dates back to when the hospital was

Gen Xers seek big homes in markets with good schools

To accommodate growing families, Gen Xers are embracing markets that offer large homes and good schools, both at more affordable prices, according to realtor.com. Having suffered significant losses by the Great Recession, those of Generation X are eager to settle where

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Top 5 Chicagoland closings in February 2018

In the month of February, Chicagoland residential home sales totaled nearly $1.7 billion. See below for the top five closings for single-family homes, condos and town homes. And check out our 2017 Real Data feature to see how the

Hispanic homeownership continues five-year growth streak in 2017

In recent years, Hispanics have accounted for more of the U.S. population growth than any other race or ethnicity, and they’re having a huge effect on the country’s housing market. According to a new report from the Hispanic Wealth

Mainstreet Organization of Realtors names 2018 Realtor of the Year

Thomas Krettler of Hoffman Estates has been recognized as the 2018 Realtor of the Year by the Mainstreet Organization of Realtors (MORe). Krettler, a broker with Coldwell Banker Residential Brokerage in Schaumburg, has been a MORe Realtor for more than

Despite costs, millennials gravitate toward large cities

Millennials are flocking to tech hubs and cultural hot spots in search a good time and promising earning potential. In a recent analysis, the data team at realtor.com found that millennials are willing to bear the extra expenses of

Berkshire Hathaway HomeServices adds first international franchisee

Warren Buffett’s real estate company, Berkshire Hathaway HomeServices, announced on March 5 its purchase of Berlin-based Rubina Real Estate GmbH, which marks its first international franchisee. The German company, which is led by Carstein Heinreich, will change its name in

Real Estrange: Rich and famous history

For $3.75 million, own a piece of the Lake Tahoe estate where Michael Corleone’s brother Fredo took his last breath in “The Godfather Part II.” Originally known as Fleur De Lac, the 15-acre estate was built by businessman Henry

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Real Estate in Brief: Dodd-Frank rewrite set for Senate vote

A Dodd-Frank rewrite is headed to the U.S. Senate floor for a vote, according to Bloomberg. The Economic Growth, Regulatory Relief and Consumer Protection Act would roll back or eliminate parts of the Dodd-Frank Act, including relieving smaller lenders

MRED adopts real estate technology platform Remine. How does it work?

The multiyear lease Midwest Real Estate Data (MRED) recently signed with Remine, a big data and predictive analytics platform designed to help agents identify new market opportunities, will offer customers a number of benefits, according to Rebecca Jensen, MRED

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