News / Features

Chicago Association of Realtors names new CEO

The Chicago Association of Realtors announced Michelle Mills Clement as its new chief executive officer. Mills Clement, who is originally from Chicago, spent five years in Seattle, most recently as the president and CEO of the Commercial Brokers Association

Trulia: Homeownership rate will continue to climb in 2018 despite millennial hesitance

The homeownership rate in the U.S. will continue its upward trajectory this year, Trulia recently predicted in its 2018 Housing Outlook Report. This comes on the heels of 2017, when homeownership experienced its first significant increase in 10 years.

Home prices projected to increase 4.2 percent by November 2018

Home prices are up both year-over-year and month-over-month, according to CoreLogic’s Home Price Index (HPI) and HPI Forecast for November 2017. From November 2016 to November 2017, U.S. home prices increased 7 percent year over year. Month-over-month, home prices

Chicagoland top selling neighborhood
Chicago ranks No. 5 in most valuable US markets

Chicago has the fifth most-valuable housing market in the country at $821.3 billion, according to a new report from Zillow and Bloomberg. Its value grew 5.8 percent from 2016. The only markets more valuable than Chicago are Los Angeles

Illinois was sixth-most populous state in 2017

Illinois ranked as the sixth-most populous state in the country last year, according to the U.S. Census Bureau’s national and state population estimates. Previously ranked No. 5, Illinois, with a population of 12.8 million, was narrowly edged out by

Jennifer Mills Klatt joins Jameson Sotheby’s International Realty

Jennifer Mills Klatt and the Home Discovery Team have joined the Lincoln Park office of Jameson Sotheby’s International Realty, according to their Facebook page. Mills Klatt and the Home Discovery Team achieved sales of over $100 million in 2016.

US home prices continue to rise, and Chicago is no different

Amid low inventory and soaring sales, home prices around the country continued to increase in October, according to the latest S&P CoreLogic Case-Shiller Indices. Prices were up 6.2 percent over last October and up from 6.1 percent in September.

Fit for a talk-show host

Johnny Carson owned this $81.5-million Malibu home until his death in 2005. Two years later, billionaire film producer Sidney Kimmel purchased it and has now put it on the market for double what he paid. This two-bed, four-and-a-half bath

A radiant home

Some farm! The home of “Charlotte’s Web” author E.B. White was recently put on the market for $3.7 million. Located in Brooklin, Maine, and similar to the farm described in his Newbery Award-winning book, this property offers 44 acres,

Guaranteed Rate introduces new jumbo loan program

On Dec. 27, Guaranteed Rate announced a new jumbo loan program that does not require mortgage insurance and accepts as little as a 10 percent down payment option for loans up to $3 million. The program, GR Flex Power, includes

Pending home sales inch up slightly in November

Pending home sales saw small gains in November while existing home sales and price growth are expected to slow heading into 2018, according to the National Association of Realtors. The Pending Home Sales Index rose from 109.3 in October

Floral is in, bar carts are out in Zillow’s home trends predictions for 2018

The new year is just around the corner, and if you’ve resolved to make your living space come alive with color and unique accents alike, a new forecast can help you choose your new decor. Zillow recently released its Home

Realtor Association of the Fox Valley to provide agent training for all members with AgentEDU

The Realtor Association of the Fox Valley (RAFV) has signed an agreement with AgentEDU, a division of Agent Publishing, to provide online training and education for its members. With the new partnership, AgentEDU will provide online video courses for

What salary do you need to afford a home in the Chicagoland area?

Housing affordability remains a growing problem across the country, according to a new study by mortgage resource HSH.com, which examined the 50 largest metro areas in the United States to determine the salary residents must earn to afford an

Redfin: The average American home costs 18 bitcoins

Bitcoin, the first ever cryptocurrency to function independent of a bank or middleman, soared last month from $5,870.37 per coin on Nov. 12 to $16,650.01 on Dec. 12, a 183.6 percent jump. As of Dec. 21, its value was

RESPA-TILA-TRID-CFPB-NAR-NAHB-regulations-August-deadline-Congress
Congressional Republicans pass sweeping tax bill

After being approved by the House of Representatives and Senate on Dec. 20 after months of deliberations and negotiations, the Republicans’ so-called Tax Cuts and Jobs Act is set to land on President Donald J. Trump’s desk for final

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