News / Features

October home sales reach fastest pace in four months

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

NAR speaks out against latest proposal to end net neutrality

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

Century 21 Affiliated announces merger with Ryan Hill Realty

Century 21 Affiliated today announced its merger with Ryan Hill Realty located in Naperville, Illinois. The company, now the Ryan Hill Group, will continue to operate under the Century 21 Affiliated brand, according to a press release. “We could not be

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Chicagoland home sales grow despite dwindling inventory

Despite a decline in properties available, home sales grew in Chicago this October compared to last year, according to the latest report from RE/MAX Northern Illinois. Home sales rose 2.7 percent from last October to 8,931 units, even though

Suburban sprawl set to be a growing trend in 2018

As 2018 approaches, experts at Zillow predict the migration of urban-based millennials to the suburbs, where first-time home buyers will benefit from an expected increase in the new construction of entry-level homes. Millennials who have typically favored urban living

Typical mortgage payment up 10 percent in 2017

With home prices on the rise, average monthly mortgage payments have seen even larger increases over last year. According to a CoreLogic study, the typical mortgage payment for homeowners has risen 10 percentage points in 2017, with a projected

Bridgeview Bank launches bemortgage

bemortgage, a Chicago-based mortgage company that will operate as a division of Bridgeview Bank Group, announced its launch today in a press release. bemortgage was the inspiration of top industry leaders that collaborated to develop an innovative and strategic

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National Flood Insurance Program reauthorized by House of Representatives

After months of urging from the National Association of Realtors, the House of Representatives finally voted to approve the 21st Century Flood Reform Act, which reauthorizes and reforms the National Flood Insurance Program. Originally set to expire in September of

Redfin: Personal values greatly impact homebuying

No matter who you are or what you believe in, your own seemingly-insignificant preferences shed some light on the type of home you prefer. Whether you’re a single woman with a dog or a dad who is glued to

A home for man’s best friend

Living in the lap of luxury takes a turn for the literal in one Miami home that features an extravagant room for a lucky lap dog. In addition to an automated glass car elevator, this 4,252-square-foot behemoth in the

Fannie Mae to help homebuilders obtain loans

Fannie Mae is branching out from the world of mortgage financing and now wants to add homebuilding loans to its list of benefits. Still in the early planning stages, the mortgage pioneer is considering a pilot program designed to

Knock, knock: Amazon Key raises real estate agent concerns

We’ve seen it happen before. First we were introduced to Airbnb, an online marketplace that allows its users to book housing accommodations from a phone, tablet or computer. One year later, Uber burst onto the scene, and pedestrians everywhere

Coldwell Banker Residential Brokerage acquires Gloor Realty

Coldwell Banker Residential Brokerage in Chicago announced today it has acquired the assets of Gloor Realty Company, which does business as Gloor Realty in Oak Park, Illinois.  Gloor Realty, which currently has 52 affiliated agents, will now conduct business

Facebook partners with Apartment List, Zumper to provide rental listing service

Renters who are looking for a new place to live now have another option to find their next home: Facebook. The social media network announced its partnership with Apartment List and Zumper to add available rental units to Facebook

Housing market resembles pre-recession climate, but no crash in sight

With continually rising prices and cutthroat competition for the country’s limited home inventory, many are having flashbacks to the housing market crash of 2007, which sent the entire economy into a tailspin for years. However, a recent analysis from

City millennials heading for the suburbs, says NREI

As millennials get older, they’re trading in their train passes for minivans and heading for the suburbs, according to National Real Estate Investor’s study of suburban areas with the best potential for millennial population growth. Thanks to home prices

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