News / Features
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
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
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
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
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
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
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
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
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
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
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 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
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
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
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
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