News / Features

Hidden Truth Behind 2015’s Soaring New Home Sales

Last month’s new home sales appear hugely positive, but is there a hidden truth behind the numbers? On the surface, it would appear to be a wholly positive development for housing – sales of newly built single-family homes, according to

“Ugly” Chicago Apartment Gets Interest

A recent Craigslist ad for a Humboldt Park apartment in Chicago, Ill. bore some unfamiliar words to real estate advertising. Cathy Mcdonagh, the property manager of the listed apartment, described the $895 three-bedroom unit as “super UGLY” with “zero

Pending Home Sales Soar in April to Highest Level since May 2006

April’s pending home sales add positive note, but caution still necessary Pending home sales in April hit their highest level in nine years, according to the latest analysis from the National Association of Realtors. The Pending Home Sales Index

David Weekley Building Homes in Barrington and Glenview

David Weekley Homes has announced plans to begin developing a total of 91 homes in the Chicagoland area, including 43 single-family homes in The Reserve at Barrington and 48 homesites in The Enclave at the Grove in Glenview. The

Manvel, Texas Home Goes Big

Texas is known for its big hair, big personalities and large size in general, but a fixer-upper in Manvel, Texas takes “big” to a whole new level. Built in 2001, this massive 60,175 square-foot brick home has 46 bedrooms,

Chicago’s Top-Selling Neighborhoods

What neighborhood housing markets in the city of Chicago saw the most home sales in April? Last week, we reported that suburban sales in the Chicagoland area outpaced home sales in the city of Chicago, with the suburbs’ 12.8

Chicagoland Home Prices Bounce Back in New Case-Shiller

Have Chicagoland home prices in finally turned the corner? Home prices in the Chicagoland area rose 0.9 percent from February to March and 3.4 percent from March 2014, according to the latest Case-Shiller Home Price Indices from Standard &

4 Chicagoland Suburbs Among Top 100 Public Schools Systems in U.S.

What Chicagoland suburbs have the top public school systems? Four Chicagoland suburban public school systems are among the best in America, according to a recent analysis of the top 100 public schools in America. The study, which was courtesy of ranking/review

Top 10 Real Estate Films

Chicago Agent counts down its top 10 real estate films In 1982, iconic horror moviemaker Tobe Hooper (of Texas Chainsaw Massacre fame) married two of American’s most deep-seeded fears: real estate and structures built on unmarked graves. In what

FAA Awards Commercial Drone Exemptions

Federal Aviation Administration approves 400-plus commercial drone exemptions As of late May 2015, the Federal Aviation Administration had granted 434 section 333 exemption petitions, which allow for the commercial use of unmanned aerial vehicles, or drones, and among them,

Freddie Mac Research: Rising Rents Do Not Increase Homeownership

New Freddie Mac research casts doubts on notion that rising rents push consumers toward homeownership It has been a common narrative in the post-boom housing market that rising rents would eventually push more consumers toward homeownership, but new research

RealtyTrac: Chicago Striving to Clear Foreclosure Backlog

RealtyTrac foreclosure report showed  increased activity In a market still reeling from an onslaught of foreclosures dating back early a half-decade, any news of foreclosures that approaches negative is likely to put the industry on edge, which is why RealtyTrac’s

The Top-Selling Suburbs in Chicagoland

What Chicagoland suburbs saw the most home sales in April? April was a good month for home sales in suburban Chicago, with sales rising 12.8 percent year-over-year. Some suburban markets, though, performed better than others, and utilizing numbers from the

NAR: Strong March Leads to Weak National Housing Market in April

NAR documents 6 percent jump in existing-home sales Market indicators have detailed a continual progression towards normalcy since early 2014, but a hiccup in April’s existing-home sales could mark yet another slow down in the pace of progress, according

Coldwell Banker Residential Brokerage Ranks Top in Chicagoland

According to the newly released REALTrends 500 report, Coldwell Banker Residential Brokerage ranked as the top company in sales volume and transaction sides among Chicagoland’s residential real estate companies in 2014. Coldwell Banker Residential Brokerage closed $8,781,296,000 in sales volume

David Weekley Prepares New Development in Glenview

David Weekley Homes will soon begin building 48 homes in The Enclave at the Grove, a community located 20 miles from downtown Chicago in Glenview. The privately-held homebuilder recently closed on the 21-acre property and development is currently under

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