News / Features

Report shows U.S. homes getting more affordable

In the third quarter of 2017, homes were more affordable in 60 percent of U.S. counties measured in a new study from ATTOM Data Solutions. However, affordability is worse now than a year ago in 79 percent of those

Tiny home, huge star power

Recently sold for $112,000, this two-story, 496-square-foot home in New Orleans came with some major Hollywood clout. Built by Oscar-winning actor and producer Brad Pitt after Hurricane Katrina, the home was designed to have a small carbon footprint, including

Little couple, big dreams

From one hurricane to another: The stars of TLC’s “Little Couple” recently put their Houston home on the market for $1.2 million and closed on a $2.1 Florida mansion, only to have to evacuate because of Hurricane Irma. Fortunately,

Private residential construction spending grows in August

As housing inventory tightens across the country, private residential construction spending grew in August as builders attempt to alleviate some of the stress. The National Association of Home Builders (NAHB) found that private residential construction spending was $520.9 billion

Chicago Agents’ Choice Awards 2017 Finalists – Revealed!

The votes are in! Thank you to the many members of our real estate community, who submitted thousands of votes and shared their enthusiasm for this year’s Agents’ Choice Awards. We’ve tallied up the votes and determined the three

Zillow listings to go 3D

Prospective homebuyers and renters have a bevy of information about homes at their fingertips, but they’ll soon be able to get an even closer look at homes as Zillow launches its 3D Homes feature. Real estate agents will now

Chicago leads the country in educated residents

The population loss Chicago has been experiencing in recent years is well-documented, but going over the data with a fine-tooth comb reveals a surprising side effect. Chicago is now the country’s most educated big city, Crain’s Chicago Business reported,

Chicago only undervalued major global city in new report

Many major cities around the world are overvalued and at more risk of a bubble than in 2016, according to the UBS Global Real Estate Bubble Index 2017. In fact, Chicago is the only major city to be undervalued

Chicago Association of Realtors to induct former president Frank Williams into Hall of Fame

The Chicago Association of Realtors (CAR) will induct its former president and noted community leader Frank Williams into the Hall of Fame at the 134th Inaugural Gala on Monday, Oct. 9 at the Radisson Blu Hotel. A Chicago Realtor since

Homeowners only have to own a home for 2 years before it makes more sense than renting

When is it the right time to switch from rent to owning? Usually this answer is subjective, depending on things like income, family size and location. However, in real estate it can often be a matter of time. Recent

U.S. home prices continued to rise in August

It seems as though homeowners who believe that next year will be a better time to sell may be right as home prices continue to rise. Not only increasing year-after-year, but also month-to-month as of August 2017. CoreLogic released

NAR: Remodeling reaps rewards for homeowners

Sometimes remodeling seems unnecessary, like a luxury that should be put on the back burner while you focus on home repairs and fees that can’t be ignored. However, a recent report from the National Association of Realtors shows that

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Chicago Association of Realtors to host Inaugural Gala on Oct. 9

The Chicago Association of Realtors will hosts its 134th Annual Inaugural Gala on Monday, Oct. 9, at the Radisson Blu Hotel. The Inaugural Gala features the installation of incoming CAR leadership as well as an awards presentation for the

Redfin extends 1 percent listing fee to 18 more markets

Redfin has extended its 1 percent listing fee to 18 more markets this week. Approximately 80 percent of Redfin’s home-selling customers will only pay 1 percent of the final sale price, depending on the market. Redfin tested out the

Why are homeowners hesitant to sell?

For the fourth time in five months, the housing market saw a decrease in home sales — hitting the lowest it has in 12 months this August with low inventory across the country. With homeowners confidence in selling at

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Top bathroom renovation trends of 2017

Homeowners in 2017 want a lot in their bathroom space. However, what used to be one of the main bathroom components — the bathtub — is one they do not want, preferring alcove or corner showers. Houzz recently released their

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