There’s been no shortage of news about increasing home prices and low housing inventory around the country, but one thing there definitely has been a shortage of is affordable housing. And according to industry experts, that shortage could get

Much ado has been made about the increasing share of unmarried Americans, which numbered more than 110.5 million — about 45 percent of adults 18 and older in the United States last year, according to the U.S. Census Bureau.

Berkshire Hathaway HomeServices KoenigRubloff Realty Group has announced the opening of its newest Chicago location in Bucktown at 1644 N. Damen Avenue. “Our business in Bucktown and Wicker Park has grown significantly in the last three years,” said Nancy

Although home prices are on the rise across the country, affordability has actually increased since July, according to the latest Mortgage Monitor from Black Knight. According to the report, only 21.4 percent of the median income is needed to purchase

More and more customers may be heading online to purchase mortgages, but overall satisfaction with electronic mortgage processes is majorly declining, according to J.D. Power’s 2017 U.S. Primary Mortgage Origination Satisfaction Study. According to the study, individuals find online

RE/MAX, LLC, has signed an agreement to purchase the master franchise rights for the RE/MAX Northern Illinois region. The acquisition is expected to close by the end of November and includes nearly 2,300 agents and more than 100 offices. 

Compass, a real estate technology startup, announced that it has raised $100 million during the Series E investment round, which it will use to expand to every major city within the United States. The company is now valued at $108

After starting a petition for Congress to reauthorize the federal Flood Reform Act in August, the National Association of Realtors (NAR) recently decided to double down on its efforts to ensure the bill remains in place. This Monday, NAR penned

Construction has begun on Renelle on the River, the 18-story luxury condominium building at 403 N. Wabash Ave., in Chicago’s River North neighborhood, according to Renelle’s developer Belgravia Group. Recently named New Development of the Year, City by Chicago Agent

Consumer confidence in the housing market fell slightly in October 2017, according to Fannie Mae’s Home Purchase Sentiment Index (HPSI). HPSI, which measures confidence in buying or selling homes, decreased 3.1 percent from September 2017’s record high 88.3 to 85.2.

One of the main hurdles agents have to overcome on a regular basis is having their listings seen by the people who are most likely to be interested in it. While previous wisdom was to get the ad in

Compared to last year, home prices in the Chicago-Naperville-Arlington Heights MSA rose 4 percent in September 2017, but the market remained unchanged between August and September, despite home prices becoming overvalued in many cities nationwide. According to CoreLogic’s U.S. Home

Mainstreet Organization of Realtors (MORe) has hired John Gormley as its new CEO. Gormley was previously the CEO of the largest local Realtor association in Missouri, St. Louis Association of Realtors. Gormley has also served as the vice president of communications

The GOP’s new tax plan, the so-called Tax Cuts and Jobs Act, “attacks homeownership,” according to a new statement from the National Association of Realtors (NAR). NAR has been vocally opposed to the bill, which would significantly reduce homeowner

Chicago Association of Realtors CEO Ginger Downs was recognized for being the recipient of the 2017 William R. Magel Award for association leadership at the National Association of Realtors Board of Directors meeting Monday. “Never in my wildest dreams

On Monday, the National Association of Realtors Board of Directors voted on four major MLS adjustments, one of which will allow agents more flexibility in MLS choice. A new broker-backed policy that is being called “MLS of Choice” prevents