The National Association of Realtors (NAR) predicts a strong 2018 for home sales, but inventory shortages and upcoming tax reform could have a major impact on the market. NAR’s Chief Economist Lawerence Yun presented his 2018 housing and economic

A majority of millennials wish to someday own a home, but are unsure if their dream will become a reality, according to a recent survey by ValueInsured. The Modern Homebuyer Survey found that the desire to own a home among millennials

Elizabeth Mendenhall, CEO of RE/MAX Boone Realty in Columbia, Missouri, was installed today as 2018 president of the National Association of Realtors during the Realtors Conference & Expo in Chicago. Mendenhall was NAR’s 2017 president-elect and 2016 first vice

For-sale-by-owner (FSBO) homes accounted for only 8 percent of recent home sales, according to the National Association of Realtors (NAR). This marks an all-time low in FSBO home sales since NAR began recording the data in 1981. Between 2001

Home prices continued to grow in nearly every major metro across the country in the third quarter, according to the latest quarterly report from the National Association of Realtors. The national median existing single-family home price rose to $254,000,

As the Chicago Association of Realtors gets ready to say goodbye to retiring CEO Ginger Downs, the search for the next CEO is already well underway. This exciting opportunity will require a proven leader with business savvy, excellent communication

In the past year, the flurry of activity outside Trump International Hotel and Tower along the Chicago River has been well-documented. With massive, 20-foot letters spelling out T-R-U-M-P to anyone within eyeshot, the building has served as a rallying

Illinois Realtors President: Matt Difanis; RE/MAX Realty Associates President-Elect: Dan Wagner; Inland Real Estate, Oak Brook Treasurer: Ed Neaves; BHHS, Bloomington Immediate Past President: Doug Carpenter; Coldwell Banker, Mokena Chicago Association of Realtors President: Rebecca Thomson; @properties President-Elect: Tommy

Chicago ranked at No. 7 among the most sustainable cities in North America, according to Arcadis’ recently-released Sustainable Cities Mobility Index. To measure the sustainability of 100 cities across the world, the SCMI looks at three factors in each

Luxury home prices grew 4.9 percent in the third quarter of 2017 compared to the same time last year as inventory tightened on the top end of the market. This marked the first quarter in which luxury inventory fell

The National Association of Realtors (NAR) and the National Association of Homebuilders (NAHB) have both come out against the new GOP tax plan that was revealed on Thursday. One of the most significant changes in the tax plan involves

Through August 2017, there have been 852,825 housing permits issued this year for single- and multi-family homes — an increase of 7.7 percent over August 2016. A recent report from the National Association of Home Builders analyzed U.S. Census Bureau’s Survey of

Are you new to your neighborhood and looking to make friends? It may not be as easy as it used to be. According to a new survey, 40 percent of Americans avoid their neighbors altogether. The Homes.com survey also reveals that

With more homebuyers competing for a limited supply of homes, sellers are upping their prices to match the high demand, according to the S&P CoreLogic Case-Shiller Indices for August 2017. The National Home Price Index reported a gain of

Airbnb is getting more involved in the real estate industry, as it recently announced its partnership with Newgard, a Florida developer, to create a new residential rental complex called Niido. Located in Kissimmee, Florida, the multifamily building includes 324

With just one month left in the year, it’s clear that the dominant characteristic of the 2017 housing market has been low inventory. While that’s resulted in higher prices and fewer sales overall, one thing is clear: People are