News / Features

Sales start for River Glen community in Libertyville

The River Glen Capital Group LLC announced the start of sales for River Glen, a new community of 65 new construction single-family homes in Libertyville. Starting prices for the homes range from $549,000 to $709,000. “There is pent-up demand for

Why two-thirds of real estate investors will spend more in 2016

In a new report on its 2016 Real Estate Outlook survey, KPMG found that many real estate investors are still confident in the market’s ability to produce returns, though some have found reason to temper that optimism with caution.

Illinois Realtors appoints Luke Bell as vice president

The Illinois Association of Realtors has named Luke Bell as their executive vice president. According to a statement released by IAR, Bell served as vice president of governmental affairs/general counsel for the Kansas Association of Realtors, and has experience dealing

5 reasons why 2016 is the “Best year for housing in a decade”

Forget what you thought you knew about the housing market – according to Freddie Mac, 2016’s housing market will see a return to pre-crisis levels. In the year following the recovery surge of 2014, the market slowed – a result

The one thing your buyers won’t compromise on

Schools are an integral part of the search process for many a homebuyer, and new research from the National Association of Realtors has reinforced just how non-negotiable the issue is. According to NAR’s 2016 Home Buyer and Seller Generational

Coldwell Banker announces its 2015 top producers

Coldwell Banker Residential Brokerage recently announced the top individual sales associates by volume and by units. The top selling team was also announced. “I’d like to congratulate all of our winners for their unwavering commitment to success,” said Fran

Good news for first-time buyers – and the agents who represent them

Breaking down the many barriers to credit erected in the wake of the mortgage crisis has been a slow process. Credit issues have kept older homeowners from selling and younger renters from buying. But according to Fannie Mae’s Q1 Mortgage Lender Sentiment

Chicago residential construction is booming in 2016

This year is shaping up to be a hugely positive one for residential construction in Chicagoland, according to the latest numbers from Dodge Data & Analytics. In February, residential construction spending in Chicagoland totaled $195 million, a 13 percent

Chicago is one of the most expensive cities to drive in

Chicago is one of the top five most expensive cities to drive in, according to a study from Deutsche Bank. It costs 99 cents on average to drive a car a mile in Chicago, whereas the national average is

Why your clients are both confused and confident about the market

The consumer equation is messy – expectations are up, attitudes towards the current market are down, and overall, confidence is on the rise, according to The Conference Board’s March Consumer Confidence Index. Using 1985 as the index’s baseline, where

Construction jobs flourish – will new construction follow?

Construction employment was up across the nation in the early months of 2016, according to the Associated General Contractors of America – a good sign for the industry , which currently suffers from labor and inventory shortages. So, if

How to sell bikeability: the unexpected benefit for buyers

Urban buyers today would have hated the 1950s. In the Urban Land Institute’s “America in 2015” report, a survey of U.S. residents found that approximately half considered “walkability” a top or high priority when determining where to live. But

7 money-saving deductions for real estate agents before the tax deadline

In less than a month we will have passed the tax filing deadline; and if you’re a real estate agent unfamiliar with the credits and deductions you’re entitled to, you may be forfeiting more than you have to. Do

First-time homebuyers battle low inventory

It’s getting harder for first-time homebuyers to find suitable starter homes The Chicagoland housing market has become an increasingly precarious place for first-time homebuyers, according to a detailed new report from Trulia. In a deep analysis of the nation’s housing

Cash sales at their best since 2008

In 2015, cash sales made up 33.9 percent of all residential real estate transactions, according to a new report from CoreLogic. That’s the lowest level since 2008. About midway through 2007, when the crash was becoming too apparent to

The single most challenging housing trend for Chicagoland agents

Housing affordability is a major issue, and there’s one trend in particular that’s making it worse It’s no secret that housing affordability is a major concern for U.S. homebuyers, but a new report from RealtyTrac has underscored just how pronounced the

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