News / Features
Chicagoland Habitat for Humanity announced a year-long partnership with Wintrust Financial, who is also the lead sponsor of Habitat’s summer initiative, “Building On!” Although Wintrust has been consistently supporting Habitat for Humanity for the past, this year’s contribution is
While one real estate agent expected a property rumored to be haunted would be hard to sell, she found the exact opposite to be true. A Joliet, Ill. mansion sold above asking price during a bidding war within a
The National Association of Realtors face 10 big dangers – none of them easily solved What are the threats that could impact the residential real estate industry? NAR’s “Danger Report,” a new report commissioned to the Swanepoel | T3 Group, analyzes the
New home sales up quite a bit so far in 2015, but many market forces remain at work The good news continued for new construction in May, with new home sales rising 2.2 percent from April and 19.5 percent from May
Although international home sales declined last year, total dollar volume saw a 13 percent increase, according to the latest report from the National Association of Realtors. From April 2014 to March 2015, total international sales were at an estimated $104 billion, compared
Chicago-based Federal Savings Bank has brought a lawsuit against two former employees, alleging solicitation and “absconding” of a high-profile account. According to a report in The Real Deal, Federal Savings Bank is suing Ace Watanasuparp and Ronald Riemer for
NAR reports home sale increases, though prices also continued to rise Existing-home sales rose 5.1 percent in May up to a seasonally adjusted annual rate of 5.35 million, up from an upwardly revised 5.09 million in April, according to
In the 1970s, an architect and sculptor came together to design what is now known as the Mushroom House, a 4,000 square-foot property in Perinton, New York’s Powder Mills Park that resembles a mushroom. The property, built on concrete
May was a very good month for sellers in the Chicagoland area Home sales in the Chicagoland area were up 7 percent in May, while median sales price rose 7.2 percent, according to the latest analysis from the Illinois Association
Free pizza for life and an extra $26,000 doesn’t sounds so bad, does it? A Portland couple found themselves in an interesting situation when they received four offers within three days on their Portland home. Fortunately for one of
Where in the 234 square miles of Chicago are the most competitive housing markets located? “It’s still a seller’s market in Chicago.” That was the conclusion of Nela Richardson, Redfin’s chief economist, in the brokerage’s latest Real-Time Housing Market Tracker,
A Maryland couple has filed a $2 million lawsuit against a realtor for allegedly selling them a $410,000 home they claim is infested with snakes. To make matters worse, the couple claims the former owners were aware of the
The short term benefits and long term detriments of international buyers in the U.S. market International investors in the real estate market has been something of a hot topic over the past few years. Since the housing market crash,
Builder confidence in the market for newly built, single-family homes in June rose five points to 59 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). That is the highest level of confidence since Sept. 2014.
Women of nearly every income level are impacted by a gap in mortgage approval rates Women were 14.5 percent less likely to have purchase loans originated than men from 2011 to 2013, and were 17.4 percent less likely to have refinance loans
Many wonder why renters are not buying homes at a higher rate, but when one analyzes the numbers, it makes perfect sense. First, there was the notable study from John Burns Real Estate Consulting, which found that only 14.7 percent