Buying or selling a piece of property is a huge milestone in anyone’s lives — one that typically involves one of two payment options: taking out a mortgage loan or, less common, purchasing outright with cash. However, there’s a

Construction spending in the U.S. rose 1.4 percent in October, increasing across all significant building categories and marking the strongest boost in five months. The Commerce Department said the October increase in U.S. construction spending represents the third consecutive

The U.S. Senate on Dec. 2 passed its version of the Tax Cuts and Jobs Act, spurring the National Association of Realtors and the National Association of Home Builders to weigh the bill’s effects on the housing industry. Both

The new year is just around the corner, and with it brings new leadership for the Mainstreet Organization of Realtors (MORe), which has hired John Gormley to lead the organization as CEO. Gormley previously was the CEO of the

The U.S. housing market experienced a 1.7 percent drop in demand from September to October this year, according to the latest Redfin Demand Index, which is calculated by measuring home tour requests and writing offers of thousands of Redfin customers.

October’s pending home sales rebounded slightly after a three-month decline, according to the latest report from the National Association of Realtors. The Pending Home Sales Index rose 3.5 percent from 105.6 in September to 109.3 in October. This is

Sellers no longer have to search far and wide for services that will spruce up their homes for showings. Redfin recently launched a concierge-style service that will prepare homes from top to bottom. So far, the service has been rolled

On top of playing your favorite music and giving you weather reports, Amazon’s Alexa is adding a new skill to her vast voice-activated repertoire — helping users buy and sell homes. Agent Neo, a new real estate app on

With 2018 right around the corner, Freddie Mac released its report card for 2017. While the economy is marked by robust job growth and low inflation, the housing market has had some hiccups this summer and fall, largely due to

Guaranteed Rate is promoting two of its senior vice presidents and divisional managers, James Elliott and Chris Knapp, to Executive Vice Presidents of National Retail Production in the Eastern and Western halves of the country. Elliott, a former CEO

The Lowe Group, one of the top real estate teams in Chicago, is joining with real estate technology company Compass as they launch their first Chicago real estate office. According to a press release, 20 Chicagoland agents have joined Compass including

In 2016, the construction industry made its highest contribution to the U.S. economy in seven years. A recent report from the American Builders and Contractors (ABC) shows that investment in construction is up nationwide. The report showed that in

Just months after median U.S. home values reached their highest point in history, home values have continued to rise. Zillow recently released its October 2017 Market Housing report showing that the median U.S. home value stands at $203,400, a $12,500,

Forty-three counties in Illinois reported slight gains in home sales in October, according to Illinois Realtors. Last month, 12,796 single-family homes and condominiums sold, up 0.3 percent from October 2016. On average, it only took 54 days to sell

Home sales don’t seem to be slowing down as October recorded the fastest pace of sales since June, according to the latest report from the National Association of Realtors (NAR). Total home sales grew to a seasonally adjusted rate

The National Association of Realtors released a statement on Tuesday highlighting concerns with a recent announcement from the Federal Communications Commission (FCC) that shared their plan to reverse net neutrality regulations which ensure equal access to the internet. With