After its share price exploded in early trading, Redfin stock has fallen back to earth — though the company is still bullish about its long-term prospects. After debuting on July 28 at $15 per share, the real estate technology firm quickly spiked,

The sale of homes priced at $1 million or more increased 8 percent to 899 units in the second quarter of 2017, according to the recent RE/MAX Luxury Report on Metro Chicago Real Estate. But while the luxury market

It’s easy to see America’s rents are skyrocketing, but some of the most drastic effects of this trend often go unnoticed by the average consumer. According to a recent Zillow report, higher rents are leading to a larger homeless

The number of people seeking new homes slipped 4.3 percent in June — albeit from an all-time high in May, according to the most recent Redfin Housing Demand Index. In the index, 100 represents the historical average for the three-year

Miami is one of the hottest international real estate markets in the U.S., with a reputation for attracting buyers from a number of countries including Colombia, Venezuela and the United Kingdom. However, domestic interest is also growing in the city, specifically

Due to lingering effects of the 2008 housing crisis, renting has become a widely popular option for those hoping to combine an independent lifestyle with affordability. In fact, more Americans are actually renting a home than at any point

Potential buyers often judge a home’s affordability by looking at list price or mortgage rate alone. However, it’s crucial to take additional, more overlooked costs into consideration before purchasing a property. According to a recent Zillow report, Chicago has some

Over the last decade, homeownership rates in the U.S. have fallen drastically, with an average of 63.4 percent in 2016 compared to 69 percent in 2004. The 2008 financial crisis has been largely blamed for the swift decline, but

A new report from WalletHub finds Illinois ranking at No. 11 in a list of the country’s best and worst public school systems. The state had an overall score of 58.32 overall and ranked Nos. 9 and 21 in

Aurora is considered the most affordable housing market with a top elementary school, according to a new ranking from Realtor.com. The website looked at elementary schools in the largest 15 metros that received at least a ranking of 8

If you love historic homes, you might want to check out Charleston’s oldest residence. This 1,017-square-foot home, dubbed “The Pink House,” is on the market for $899,000. The builders constructed the property in 1688 and it’s America’s second oldest

The recent J.D. Power 2017 Home Buyer/Seller Satisfaction Survey shows there are key things real estate agents can do to make first-time homebuyers and sellers more confident throughout the process. And with recent upticks in home sales – which

As inventory tightens and Baby Boomers begin to age, more Americans are turning to multigenerational homebuying. According to the reNEWable Living Home survey conducted by Builder magazine, multigenerational homes have proven to be easier on the wallet while also

According to the Q2 2017 U.S. Home Sales Report from ATTOM Data Solutions, homeowners who sold their homes in the second quarter saw an average price gain of $51,000 since their purchase. This is the highest price gain for

One of the main ways for people to gain wealth is through real estate. When the housing market collapsed in 2007, homeowners’ equity (HOE) dropped significantly for everyone. But according to a new report from the Federal Reserve Bank

Both Amazon and Redfin have sparked conversation within the real industry this month. Amazon is making waves with the possible introduction of a new marketplace for Realtors. Redfin has served notice by going public with the goal of investing