News / Features
After eight years of the post-recession housing boom and the record-breaking price increases of recent years, the luxury residential market stabilized in 2017, according to the luxury market report by The Institute for Luxury Home Marketing, a partner in
The Federal Housing Administration revealed its plans on Feb. 22 to broaden foreclosure relief for the victims of 2017’s natural disasters. The move would affect all FHA-insured homeowners in areas affected by Hurricanes Harvey, Irma and Maria, as well as
The world of real estate is constantly changing and evolving for agents — from the technology they can use to improve their business to the options they have when choosing a franchise. The National Association of Realtors recently released
A pair of Chicago suburbs are among the nation’s top 10 safest cities in 2018, according to a new study from NeighborhoodScout. The site’s annual list of Top 100 Safest Cities in the United States included Buffalo Grove at No.
The mortgage lending industry comes with the occasional surprise, but a great lender will be able to ride the course year after year, continuously helping homebuyers and refinancers obtain the optimum mortgage solutions for their needs. With 2018 predictions
Priced at $17 million, this luxurious home in Carmel, California, may catch the eyes of cinema enthusiasts. First seen in the 1992 thriller “Basic Instinct” starring Michael Douglas and Sharon Stone, this 12,000-square-foot, three-story house has a variety of
Continued tight inventory in January contributed to an increase in home prices and a decrease in statewide home sales compared to last year’s figures, according to the latest report from Illinois Realtors. In January 2018, total home sales, comprised of
Existing-home sales fell 3.2 percent in January for the second consecutive month, according to the National Association of Realtors. Last month’s total existing-home sales, including single-family homes, townhomes, condominiums and co-ops, saw the largest annual decline in more than
Midwest Real Estate Data (MRED) has signed a multi-year license with Remine, a big data and predictive analytics platform designed to help agents identify new market opportunities, according to a press release from both companies. According to the company’s
With its double-pronged approach to cater to both agents and homebuyers, Homesnap continues to increase its reach in the industry, recently securing $14 million in series B funding. Homesnap serves more than 800,000 agents and brokers, helping them boost productivity
While tight inventory continues to nag the U.S. housing industry, homebuilders around the country are confident in the market, according to the National Association of Home Builders. The Housing Market Index revealed that builder confidence for new single-family homes
As the mortgage rate slowly rises in the beginning of this year, only 6 percent of homebuyers said they would cancel their plans to buy if mortgage rates surpassed 5 percent, according to a late 2017 survey by Redfin. By the end
In the final three months of 2017, home prices overall reached an all-time high in 114 markets, according to the latest quarterly report by the National Association of Realtors. The national median price for a single-family home in the
Now the tallest all-residential building in Chicago, Related Midwest’s One Bennett Park captured the public’s attention immediately upon its unveiling in July 2014. The new 70-story tower has instantly become a notable addition to the downtown skyline – while
Rich millennials, dubbed the “New Aristocracy,” are shaping to be a profitable and impactful generation in the world of real estate. According to a report by Luxury Portfolio International, these buyers, driven by large inherited wealth, are setting their
Lennar’s previously announced merger has succeeded, now making CalAtlantic a wholly-owned subsidiary. The merger was approved by 99.4% of the Lennar stockholder votes and 99.9% of the CalAtlantic votes, according to Housing Wire. “We are extremely pleased to announce the completion