News / Features

Guaranteed Rate expands with its liftoff program

Guaranteed Rate continues to make strides expanding its brand. This week the company announced it will add 22,000 square feet of office space to make room for its new Liftoff program, which will create approximately 280 new positions in Chicago this year. Guaranteed

4 Real Estate Tech Startups Agents Need to Watch

Within the family of sites like Zillow and Redfin, there have been a plethora of tech startups emerging from the woodwork over the past couple of years in endless pursuit of streamlining the home buying and selling process. Here are a

Every president’s starting median home price

The median home price nationwide when President Donald Trump took office was $234,900, according to the National Association of Realtors. Apart from Trump, there have been eight presidents to hold office since NAR started compiling comprehensive home sales data

Breaking: Related Realty acquires Streeterville-based brokerage

As of today, Streeterville Properties Group (SPG), a 23-year-old staple of Chicago’s Streeterville real estate market led by veteran broker Gail Spreen, is a part of Related Realty. The acquisition comes as an effort from Related to strengthen its

Dearborn Realtist Board town hall addresses the state of housing in Black America

Housing segregation is a problem in every major U.S. city, including Chicago. How members of the real estate community, and particularly members of the Black real estate community in Chicago, can address that problem was front and center at

What’s the average mortgage debt in our state?

Illinois homeowners on average have more mortgage debt than borrowers in most other states, an analysis from Business Insider confirmed this month. How much debt exactly? According to data Business Insider obtained from Experian, $176,282 in 2016, making it

Chicago’s new construction market firing on all cylinders

Chicago’s new construction market ended 2016 on a high note. It started to 2017 still hitting that same note, apparently. A new report from Dodge Data & Analytics shows that in January, residential construction spending in Chicago skyrocketed over

"America's Ugliest House" is apparently an art project in Avon, Conn.
“America’s ugliest house”

“America’s ugliest house” is for sale in Avon, Conn. The 2,949-square-foot, five-bedroom home is listed for $339,900. It is the work of artist and local businessman Nikolay Synkov, and sports aesthetic touches like spray-painted floral-patterned shelving, watercolor wallpaper, splotchy

Chicago’s not only walkable, it’s safely walkable

Chicago is a safe city for pedestrians – one of the safest in the nation, a new study found. And that’s great news for real estate agents, because today’s homebuyer is mobile. We already knew Chicago was a walkable city.

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NAR: Existing-home sales drop in Midwest in January

  The Midwest was the only region to see a drop in existing-home sales in January, according to the National Association of Realtors. Everywhere else saw growth. “Much of the country saw robust sales activity last month as strong

13 things NAR wants in a new CEO

By now about every Realtor knows that the National Association of Realtors is looking for a new chief executive. But in order to know what to look for, a team from Heidrick & Struggles, the search firm hired by

Report: Chicago one of 2017’s “best real estate investment opportunities”

Attention real estate investors: Chicago is one the country’s five “best real estate investment opportunities in 2017,” according to online real estate investment management firm HomeUnion. And how did HomeUnion come to that decision? 1. Steady inflow of jobs

Survey: Agents and lenders need to better educate borrowers on closing costs

When the TILA-RESPA Integrated Disclosure (TRID) rule was passed in Oct. 2015, it was billed as a simplifying of the mortgage process – at least as far as borrowers were concerned – and an effort to increase transparency, particularly as

Survey: Borrowers worry how Trump and DeVos will manage this barrier to homeownership

The Millennial homeownership rate fell to a 30-year low last year, and a big contributor to that trend is growing student loan debt. The country has an opportunity to address the issue under newly elected President Donald Trump and

One Chicagoland suburb saw sales double in January

Chicagoland’s suburban single-family home sales slipped five percent from Jan. 2016 to Jan. 2017, according to the Mainstreet Organization of Realtors. But that hasn’t stifled the optimism. “We are exactly where I would expect with the current lack of

Report: “The World’s Most Admired” homebuilders

Toll Brothers is “The World’s Most Admired” homebuilder, according to Fortune. Of the five homebuilders named by Fortune, the Pennsylvania-based builder, which operates in markets across the country, came in on top. Fortune cited Toll Brothers’ renowned management, innovation,

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