News / Features

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See which Chicagoland market will provide the highest ROI for investors

Real estate investors are always on the lookout for which neighborhoods will provide them with the highest return on their investment. HomeUnion indicated ZIP codes in 20 major metros that maximize real estate returns while minimizing risk over the

In Illinois, it’s cheaper to own than rent a home

With rising home prices and high competition, many renters may think it is not worth it to switch over to homeownership. However, it is often better financially to own a home than to rent. GOBankingRates found that it is

Existing homes sales down in June due to low inventory

Home sales decreased in June thanks to low housing supply, according to the National Association of Realtors. The Midwest was the only area nationally with increased sales last month. Total existing-home sales (completed transactions that include single-family homes, townhomes,

Renting out a spare bedroom can help millennials and benefit homeowners

Today’s housing market features a lot of demand with not enough supply. Millennials looking for housing options in popular metros have a hard time finding anything within budget and reason. One solution to this problem is what Trulia calls

Apartment construction is at a 20-year high, report finds

Demand for apartments is growing in most cities across the country, so it is no surprise that apartment construction is also on the rise. According to data from Yardi Matrix and Rent Café, apartment construction has reached a 20-year

National median home value passes $200,000 for the first time, study says

The typical U.S. home is now worth more than $200,000 for the first time in history, according to the June Zillow market report. The national median home value now sits at $200,400. This number is a notable 7.4-percent increase

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Americans prefer real estate for long-term investing

Real estate is the preferred form of long-term investment, according to a new Bankrate report. This is the third straight year that real estate came out on top in this annual survey. The report found that 28 percent of

Online searches for first-time buyer mortgages are at an all-time high

The process of buying a home can be extremely daunting, especially if it’s your first time doing it. Recently, Chase Home Lending and Google paired up to figure out how and what people are searching online about homeownership. The companies

Chicago is one of the most undervalued housing markets

Many of America’s largest metros have reputations for heavy competition and steep prices, and Chicago is no exception. But according to a recent report by Fitch Ratings, the Windy City actually has one of the most undervalued housing markets

Foreign investment in U.S. homes jumps 49 percent

The growth in sales dollar volume from Canadian buyers helped fuel foreign investments in U.S. residential real estate to a record high, according to a new report from the National Association of Realtors. The 2017 Profile of International Activity

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Redfin sets pricing for planned IPO

The online real estate brokerage Redfin announced the terms for its IPO, with shares expected to go on sale later this month or early August. Redfin plans to sell 9.23 million shares in the $12 to $14 per share

Gen X homeowners hardest hit by 2008 housing crash

The longer you own a home, the more equity you should gain. However, after the housing market crash, Gen X homeowners are still lagging behind in terms of gaining equity in their homes, according to the new Zillow Home

Sellers: Stage your living room to help decrease a home’s market time

Taking the time to stage a home can make a significant difference in how long that home stays on sale, according to the National Association of Realtors’ 2017 Profile of Home Staging report. The report found that 62 percent

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Working lighthouse inside a house

While a lighthouse might not be the primary navigation tool for sailors today, it can help guide you to a midnight snack in this home in Palms, South Carolina. The 5,928-square-foot residence boasts a working lighthouse in the middle

Crazy cat-themed house

Feline lovers are in luck, as a Concho, Arizona, home totally decked out in anything and everything cat-related just went on the market. “If you love cats, this home is for you! If not, bring your sandblaster!” the listing

Almost half of Americans have regrets about their homebuying process

Overall, Americans recognize the benefits of homeownership, but there are still some regrets about housing choices. According to Trulia, 44 percent of Americans have regrets about their current home or the homebuying process. This is down from 46 percent

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