News / Features

Agents using Google Maps on their websites could have to pay

Agents and brokers who are embedding Google Maps into their listings will now have to pay to do so. The Google Maps application programing interface (API) allows agents and brokers to embed maps into listings on their websites. This

Homeownership continues to trend upward

The homeownership rate in the U.S. is trending upward, retaining the same 64.2 percent rate in the first quarter of 2018 as the last quarter of 2017, according to the Census Bureau’s Housing Vacancy Survey (HVS). The current rate

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Rogers Park named one of most affordable neighborhoods for healthy living

Trulia has crunched the numbers to determine the best neighborhoods for living well by ranking “universally loved” features like quiet streets, parks and proximity to schools and healthcare. Now the online real estate giant has determined how much a

Real Estrange: Putting down roots

For $647,000, a Seattle homebuyer tried branching out a little. Originally built in 1944, this four-bedroom, two-bathroom garden cottage located on a dead-end street in the Mount Baker neighborhood comes with a surprising modern amenity: a multilevel treehouse made

Pending home sales up 0.4 percent in March

Pending home sales rose for the second straight month in March, though lack of inventory is still having a negative effect on the market, according to a recent report by the National Association of Realtors. The Pending Home Sales

Gay and lesbian real estate group requests NAR support of anti-discrimination bills

The National Association of Gay and Lesbian Real Estate Professionals (NAGLREP) has announced its support for two Congressional bills aimed to combat housing discrimination based on sexual orientation and gender identity. Congressmen David Cicilline (D-RI), co-chair of the Congressional

Real Estate in Brief: Housing inventory at record low, Compass and Freddie Mac announce new hires and more

Housing inventory is at a historic low, with nearly 9 percent fewer homes on the market than last year, according to the latest report from Zillow. Over half of the homes available are on the expensive end of the

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Zillow: 2017 had fastest-selling market ever

Homebuyers should be prepared for the fast-paced 2018 market, as homes sold faster than ever in 2017, with no signs of slowing down, according to the 2017 Zillow Group Consumer Housing Trends Report. Last year, it took 81 days

Homes in districts that were once redlined still lag in value

Homes in neighborhoods that were “redlined,” a practice that began in the 1930s to prevent people of certain races economic classes from buying in certain areas, still have relatively low value compared to other homes in their respective cities,

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NAHB: Nearly half of those planning to buy a home this year are first-time buyers

Nearly half of those who are planning to buy a home this year are first-time homebuyers, according to the first edition of Housing Trends Report (HTR) from the National Association of HomeBuilders. The survey found that 17 percent of respondents

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Limited supply, high demand drive Chicagoland market

As is the case around much of the United States, the low number of homes for sale is fueling competition, driving up prices and holding back the number of sales. That was the case in Chicagoland and throughout the

Buyers show increasing interest in sustainable homes

Sustainable and eco-friendly homes are becoming increasingly desirable to homebuyers. In a recent survey from the National Association of Realtors’ Sustainability Program, Realtor respondents reported that the majority of homebuyers — 61 percent — are interested in green living. Additionally, 71 percent say

Compass announces acquisition of Conlon Real Estate

After joining the Chicago real estate market last fall and quickly attracting one of the city’s top-producing teams, Compass has now made its first major acquisition: Conlon Real Estate. The purchase was announced today in a press release. “In

March existing home sales growing but still seeing constraints

March marked the second straight month of increases for existing-home sales in the country. Total existing-home sales rose 1.1 percent to an annual rate (seasonally adjusted) of 5.60 million, up from 5.54 million in February, according to NAR’s most

March home prices see largest increase in four years

This March, the market saw an increase of 8.9 percent in median sales price from a year ago, achieving the highest rise in price in over four years, according to Redfin. The median home sale price in March was

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Real Estate in Brief: Construction growth sees big increase, Lennar partners with Amazon and more

The construction industry rose 8.5 percent in real value for the fourth quarter of 2017, the largest increase since the first quarter of 2016, according to the latest release from the U.S. Bureau of Economic Analysis. This surge is an encouraging sign

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