News / Features

Are we in a bubble? Yes, no and maybe

In Jan. 2005, Alan Reynolds, a senior fellow at the Cato Institute, said that it would be “financially foolhardy” to listen to “housing bubble worrywarts.” A few months later, Jude Wanniski, a former adviser to President Ronald Reagan, authored

New rankings chart Chicago’s investment property purchase activity

About one in five homes purchased last year was bought as an investment property, according to the National Association of Realtors. The average investor had a median household income of just over $95,000 and bought a single-family home within

Apostal Group joins MKT Properties/Weinberg Choi Realty at Keller Williams

Keller Williams has announced that the Apostal Group will be joining the new partnership of MKT Properties and Weinberg Choi Realty at KW’s first market center in Lincoln Park. Nicholas Apostal, co-founder of The Apostal Group, said that the

Real estate industry undergoes dramatic change in public opinion

The American public views the real estate industry more positively than at any time in the last decade, according to new research from Gallup. Based on its annual polling of public sentiment, Gallup found that 44 percent of Americans

Chicago Agents’ Choice 2016
6 Chicagoland suburbs among 2016’s 100 safest cities in U.S.

Six Chicagoland suburbs are among the 100 safest communities in the country, according to a ranking from SafeWise. Basing its analysis on FBI statistics of violent and property crime, along with research on local initiatives in public safety, public health

Chicago agents need to watch this demographic

Millions of Baby Boomers are planning move over the next several years – everyone knows this. But it could mean big things for agents working in Chicago. There are three reasons most homeowners between the ages of 61 and 90 want

Chicagoland’s 10 best suburbs to buy a house

The suburb of Tower Lakes is Chicagoland’s best place to buy a home, according to a new analysis from Niche. Basing its research on a myriad of factors, including home values, property taxes, homeownership rates, demographics and public education, Niche

Why 1 in 5 buyers say they’d purchase a home without seeing it in person

Last year, one in five homebuyers purchased a property sight unseen. According to a new survey from Redfin, that number is holding true this year, as well. This may be a trend agents should follow. Crissy Dyer is a

HARP gets extension and FHFA announces new refinancing offering

The Home Affordable Refinance Program will not expire at the end of this year, as previously thought. The Federal Housing Finance Agency says it will continue through Sept. 2017. FHFA’s announcement comes alongside news that Fannie Mae and Freddie

Take the Tesla for a Spin

Shuttle services are not uncommon in luxury buildings, but not all offer the service using a Tesla. Miami Beach’s 3900 Alton, an in-development luxury building, offers residents access to a courtesy beach shuttle service via the building’s Tesla Model

“I should buy a boat”

The Atelier condo building in Midtown Manhattan is home to New York City’s most expensive condo. The 10-bedroom, 13-bathroom penthouse is currently listed for $85 million, a listing price that includes a number of extras, such as two Rolls-Royce

The smart home gap: An opportunity for sellers

Many buyers want their homes to be outfitted with smart technology, but most homes don’t have it, according to a consumer survey from The Demand Institute. It’s an opportunity for sellers. Seventy-three percent of consumers agreed that having home automation

Mortgage activity surges by double digits in Chicagoland

Mortgage activity in the Chicagoland area is growing strongly in 2016, according to ATTOM Data Solutions’ Q2 2016 U.S. Residential Property Loan Origination Report. Based on analysis of publicly recorded mortgages and deeds of trust from more than 950 counties, ATTOM’s report found

Chicago’s booming startup economy a good omen for agents

Not every real estate agent wants to retire an independent contractor, and not every homebuyer wants to live in a city that doesn’t foster entrepreneurs. Those things are easy to avoid in Chicago, ranked in the top 30 of

What Guaranteed Rate paid for the White Sox stadium naming rights

Guaranteed Rate will pay the Chicago White Sox $20.4 million over the next 10 years for naming right to the team’s ballpark, according to a new report from Crain’s citing Illinois Sports Facilities Authority records. Coming out to just over $2

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