News / Features
Despite gradual but continued recovery in most housing markets in the United States since the recession wreaked havoc on the country, there is still major disparity due to uneven shifts and progression in individual market values. According to a
If you want to afford this home, you better aim for the green. Currently listed for $6.995 million by the Pam Ausley Team with RE/MAX Southern Homes, this 12,800-square-foot home near Birmingham is the most expensive home on the
In its latest luxury market report, Redfin found that luxury home prices in the U.S. rose 7.4 percent year over year to an average of $1.76 million in the fourth quarter of 2017. The analysis tracked home sales in over 1,000
Several long-term economic factors, including the explosion of student debt, are making homeownership a distant goal for most millennials. In a new Apartment List report, a renter survey that elicited responses from more than 11,000 millennials across the United States,
Although most of the country experienced a decline in existing home sales in December, 2017 overall was the best year for sales in 11 years. They were up 1.1 percent from 2016, according to a recent report from the National
With 11 years of mortgage lending experience, top loan originator Risha Kilaru has joined Guaranteed Rate as Vice President of Mortgage Lending in California. Kilaru originated over $700 million in the last three years, including more than $268 million
Coldwell Banker Residential Brokerage has announced Charles “Chip” Cornelius as its new senior vice president of its city region. In this role, Cornelius will manage the day-to-day operations of the company’s Chicago offices. “Chip has been a fixture in the
Expect urban farmhouse designs, fashion-influenced trends, mixed metals and richly saturated colors to make a splash this year. Angela Nuessle, director at Pulte Homes National Interior Design, recently revealed the latest design and décor trends that are sure to be
In 2018, home sales, housing construction and home prices are all likely to increase modestly, according to Freddie Mac’s January 2018 Outlook. Home sales are forecasted to reach 6.35 million in 2018, up slightly from 6.17 million in 2017.
An international city with broad appeal in terms of education and job opportunities, Chicago is an attractive destination for foreign buyers who want to relocate to the United States. A new study shows that its desirability is increasing among
A new report from the Mortgage Bankers Association shows that mortgage applications in 2017 increased 7.1 percent from 2016, including a 7.8 percent hike in December to close out the year. “After playing catchup for two months following the
ATTOM Data Solutions released its 2018 Rental Affordability Report, which showed that buying a median-priced home is more affordable than renting a three-bedroom property in 240 of 447 U.S. counties analyzed. The analysis included recently released fair market rent
The inventory shortage in the Chicagoland area may not have improved at the end of 2017, but the number of home sales reached its highest point since 2006, with 116,081 properties sold, according to RE/MAX. The median sales price
Home shoppers looking to buy in 2018 will have 10 percent fewer homes to choose from than a year ago, according to the December Zillow Real Estate Market Report. The for-sale inventory across the nation has been falling on
Amazon announced on Thursday that it has narrowed its list potential sites for its second headquarters to 20 cities, and Chicago is on the list. The company received proposals from 238 locations that were hoping to woo the ecommerce
2017 ended as a seller’s market, with rising home prices and low housing inventory greeting homebuyers across the nation. According to the latest RE/MAX’s National Housing Report, home prices are hitting record highs in December 2017. The median home