News / Features

5 Things You Need to Know About NAR’s Upstream Initiative

NAR and RPR push forward with Upstream initiative The National Association of Realtors and Realtors Property Resource have made an agreement with UpstreamRE LLC to develop a cross-industry platform for real estate data entry, collection and distribution for real

The 6 Characteristics of Homebuyers in 2015

What does the typical homebuyer look like in 2015? Earlier this week, we reported on first-time homebuyers, and how they are now at their lowest market share since 1987. That information came courtesy of the 2015 Profile of Home Buyers

Black Mortgage Applicants Denied at Twice the Normal Rate in Chicagoland

Mortgage markets have improved, but the inequities are still pronounced Black mortgage applicants in the Chicagoland area are denied at more than twice the rate of all applicants, according to new research from Zillow. In 2014, 26.9 percent of

CoreLogic: Chicago Foreclosure Inventory Nears National Level

In September, foreclosure inventory continued its rapid decline, falling 24.3 percent since the same time last year, a new CoreLogic report found. As a testament to the market’s recovery – and a more total economic recovery – since the

The 5 Most and Least Expensive Areas in Chicagoland

Coldwell Banker released their 2015 Home Listing Report, which details the highest and lowest average price for four-bedroom, two-bathroom houses in markets across the United States. Illinois ranked as the 16th most expensive state on the list. Here are

6 Important Facts about First-Time Homebuyers

First-time homebuyers continue to lose market share in today’s housing market First-time homebuyer share has dropped to its lowest level in 27 years, with just 32 percent of all existing-home sales going to first-time buyers in 2015. That was one

Chicagoland’s Top Closings, Oct. 2015

In our latest Real Data report, we’re setting our sights on October’s top closings Click on the tabs below to see the top single-family, condo and townhome closings in Chicagoland’s housing market in October: Single Family Condo Townhome Single Family

Haunt Couture

  In 1855, the Gustav Mayer House was built by New York Militia commander David Ryers on Staten Island. The 7,700-square-foot, 10-bedroom mansion has had a few owners since then, and fell into disrepair after the infamous real-life subjects

4 Big Trends in the U.S. Job Market

October was more of the same for the U.S. job market, but was it enough to sway Fed policy? The U.S. economy added 271,000 jobs in October and the unemployment rate held firm at 5.0 percent, according to the

MBA: Mortgage Applications Slightly Decrease

According to the new Mortgage Applications Survey from the Mortgage Bankers Association, mortgage applications decreased 0.8 percent from the week prior. Refinancing activity decreased by 1 percent, while purchase mortgages rose by 20 percent. Refinancing comprised 59.5 percent of all

Most Chicagoland Homeowners Still Sell at a Loss in 2015

Chicagoland’s housing market may have improved, but most homeowners are not personally reaping the benefits. Home sales and prices may be showing strong improvement throughout Chicagoland, but that progress has not translated to greater returns for the area’s homeowners.

Related Realty To Open New Bucktown Office

Related Realty has announced the opening of its new Bucktown location. The office will be located at 1755 North Damen Avenue, adjacent to the 606 trail. Bucktown is Related Realty’s second location in the Chicago area,  and will accommodate 75

TRID Remains Lenders’ No. 1 Regulatory Concern

It’s been more than a month since the TILA-RESPA Integrated Disclosure (TRID) guidelines came into effect, and so far, the industry hasn’t devolved into total chaos. But that doesn’t mean lenders still aren’t worried. Financial services company Wolters Kluwer

3 Chicagoland High Schools Among the Nation’s Top 20

The latest ranking in high schools provides further evidence of Chicagoland’s prominence in education Chicagoland high schools are highly represented in Newsweek‘s “America’s Top Schools 2015,” with three schools ranking in the top 20, five within the top 50 and 27

CoreLogic: Chicago Home Prices Take Slow and Steady Approach

In September, single-family home prices, including distressed sales, jumped 6.4 percent year-over-year, according to CoreLogic. For more than a year, national home prices have followed a steady, upward trajectory toward long-term stability. CoreLogic Chief Economist Sam Khater described the last 15

Chicagoland’s Top New Construction Markets

What counties in Chicagoland are seeing the most new construction activity? Earlier this week, we reported that new construction in Chicagoland is at its highest level since 2008, with more than 6,000 housing starts in the 12-month period ending

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