News / Features
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
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
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
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
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
Cities may see less Millennials moving in going forward, thanks to shifting demographic trends as the generation grows older, according to a new CityLab report. The report, which covered a talk by USC urban planning professor Dowell Myers, argued
See our chart below for the top-selling neighborhood housing markets in Chicago in February, according to research from Redfin. To adjust between total home sales and the single-family/condo markets, click on the tabs (and click here to see the top-selling neighborhoods in Chicago).
See our chart below for the top-selling suburban housing markets in Chicagoland in February, according to research from Redfin. To adjust between total home sales and the single-family/condo markets, click on the tabs (and click here to see the
When the great recession started in 2007, many families merged their households with older generations in order to save money. According to John Burns Real Estate Consulting, the social stigma of “multigenerational living” has disappeared, and 44 percent of
In mid January, a small cadre of consultants from research group John Burns Real Estate Consulting attended the National Multifamily Housing Conference, looking for evidence of future trends in housing. They found one, and it involves the possible decline of
NAREB seeks to address barriers on both the borrowing and lending side of homeownership The National Association of Real Estate Brokers (NAREB) plans to launch a nationwide wealth building and homeownership initiative focused on African Americans. The initiative has a goal
It was a big weekend for tourism in Cuba, as two American companies inked special deals sanctioned by the U.S. government to extend their business in the Caribbean island. And it could have big implications for developers hoping to
There’s a common misconception among real estate agents that their clients don’t have the option to shop for title insurance providers. But buyers and sellers are not actually required to work with any particular title company, and agents should
Chicagoland’s housing market outperformed the national averages in February While home sales stumbled on the national stage, the local Chicagoland market turned in a very solid February performance, according to the latest analyses from the Illinois Association of Realtors,
The Chicagoland area has the seventh-best Millennial housing market in the country, according to a new analysis from LendingTree. Per LendingTree’s numbers, 45.48 percent of purchase requests in Chicagoland come from Millennials, with the average age of the buyers being
Real estate is a seasonal business – transactions rise and fall with the weather. And now it is officially spring. If agents want to capitalize on the sales bump, they’ll need to be prepared. Earlier this week, Redfin released an