News / Features

February produces surge in home sales and prices

Across-the-board rises in new home sales, average sales price and inventory were reported in February, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Home sales in February totaled

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A fresh look at real estate tech: 6 agent and brokerage habits

  For today’s real estate agent, technology is indispensable in getting the job done quickly and efficiently. According to NAR’s recent 2017 Real Estate in a Digital Age report, agents and brokerage firms rely on a variety of tools

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Build more homes to combat rising inflation, housing prices, economist says

The historic, nationwide housing inventory shortage could be cured by more new-home construction, real estate economist Lawrence Yun said, but barriers exist before construction can ramp up. Raising interest rates could dampen homebuying activity, with 53 percent of prospective

Bronzeville is poised for a real estate rejuvenation

  Bronzeville was once a bustling hub of the South Side. Home to poet Gwendolyn Brooks, musician Louis Armstrong, writer Richard Wright, journalist and social activist Ida B. Wells and nine National Landmarks, Bronzeville has a rich history. Dubbed the “Black Metropolis”

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Chicagoland’s top-selling suburbs, Feb. 2017

  We’ve ranked the top-selling suburbs in Chicagoland in February 2017, using data provided by Redfin. Use the tabs to navigate between total home sales, single-family sales and condo/townhome sales: Total Home Sales Single-Family Home Sales Condo/Townhome Sales Suburb

Chicago’s top-selling neighborhoods, Feb. 2017

  Our chart below ranks Chicago’s neighborhoods for home sales in February 2017, using new data from Redfin. Use the tabs to navigate between total home sales, single-family sales and condo/townhome sales. Total Home Sales Single-Family Home Sales Condo/Townhome

The most expensive ZIP codes in Illinois in 2016

  Which Illinois ZIP codes have the highest median sales price? Real estate research company PropertyShark recently ranked the 50 most expensive ZIP codes in Illinois. At the top of the list is Kenilworth’s 60043 ZIP code, with a median sales

Buyers and sellers open up: 6 things that influence homebuying decisions

To better understand the perspective and experiences of people who were in the market to buy or sell a home in 2016, Redfin recently commissioned SurveyGizmo to ask 3,352 Americans what would influence their buying or selling of a home.

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How “green” is the average homebuilder?

  “Green” amenities and building practices are all the rage, but how green is the average homebuilder, really? As it turns out, some green practices and products are more popular than others among single-family home builders. According to a recent

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4 homebuying regrets to help your clients avoid

Typically, the purchase of a new home would merit jubilation. But not among the more than 2,400 adults recently surveyed by NerdWallet, a personal finance website. Almost half the homeowners surveyed said they’d tackle buying in a different way if

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Agents and the AHCA

The Congressional Budget Office (CBO) released its highly anticipated analysis of the new legislation to repeal and replace Obamacare on Monday afternoon, including findings that the law will leave millions more people uninsured compared to the current health care

Your own hall of mirrors

A true condominium of mirrors in Phoenix, Arizona is now on the market for $140,000. Since purchasing the property in the late 1990s, the owners have covered every door and wall space with mirrors. This aspect makes other forms

A pool of one’s own

Have you always wanted a pool in your living room? If you’re up for moving to New Jersey, this might be your chance to snag a 3,614-square-foot single-family home featuring an L-shaped pool in the living room and a

Despite market uncertainty (or perhaps in spite of it) more people want to buy homes, study finds

Every year, Redfin polls recent and prospective homebuyers in an attempt to gauge how people’s views of the housing market have changed, or remained the same, from one year to the next. But this year is different. This year

6 kitchen improvements you can do for less than $5,000

Whether your client is planning on selling their home soon or they want a fresh look without moving, the below upgrades can increase their home’s value without breaking the bank, giving it the look they’ve been dreaming of while minimizing cost and

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Illinois representative wants door open to rent control, IR says keep it closed

The 1997 Rent Control Preemption Act keeps Illinois’ state and city governments from regulating or controlling rent prices. State Representative Will Guzzardi of the 39th District here in Cook County has introduced a bill to change that. But not

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