News / Features
STOP: GET OUT OF THE FORECLOSURE AND LISTEN Robert Van Winkle, formerly the rapper known as “Vanilla Ice,” who now renovates homes for “The Vanilla Ice Project” on DIY Network, faces charges of burglary and grand theft of a
Despite an influx of investors to the market, cash sales continue to dwindle throughout the nation. It is a new market for traditional buyers, despite a recent report of surging investor activity, as once again cash sales fell in
A recent study ranked Winnetka near the top in terms of wealth and affluence Winnetka is the second-richest city in America, according to a new analysis from 24/7 Wall St. In its study, which looked at a number of economic
A new report from CoreLogic shows foreclosures are falling across the nation, mostly The nation’s foreclosure inventory is in decline, falling 25.7 percent year-over-year in March, which represents a continued effort to regain the market normalcy enjoyed in pre-crisis
Coldwell Banker Residential Brokerage recently announced that Realtor Rohit Badola is now affiliated with their Gold Coast office. Badola comes to Coldwell Banker Residential Brokerage with two years of real estate experience and 20 years as an engineer. He
A new study uses homeownership rate to rank the best and worst presidents for housing…but it’s a bit more complicated than that. In early May, economist Roger Thomas of ValueWalk.com released an analysis (of sorts) on homeownership rates from
Home Buying 101: Don’t Sleep with Your Realtor We’ve all been advised not to “mix business and pleasure,” and Houston-born rapper Slim Thug can attest to the value in that advice. In a New York Times article the rapper
A new report from RealtyTrac confirms investors are gaining traction in the flipping market. But is there enough inventory to go around? Single-family home flips were up in 2015’s first quarter, according to a RealtyTrac U.S. Home Flipping Report.
Agent Publishing, the country’s dominant hyper-local B2B real estate media company, has announced John Thomas, 50, has joined the firm as editor-in-chief and vice president of content strategy. Most recently, Thomas was director of editorial content for Chicago-based Groupon
While unemployment continued declining in the new jobs report, slow wage growth points to an overall tighter labor market. The Labor Department released its April jobs report today and the response has been somewhat neutral, as limited gains tell
OFF-MLS LISTINGS What are your thoughts about off-mls listings? ADVICE FOR NEW AGENTS What is your advice for agents who want to work with clients in the luxury market? AN EVOLVING MARKET In your experience, how is the luxury
What suburban markets in Chicagoland are the most competitive? Last week, we reported on the top-selling suburbs in Chicagoland, and how Aurora and Naperville were once again at the top of the hill. Such a list, though, is heavily
Privlo’s entrance into the Illinois mortgage market means good news for the self-employed. In Chicago, 12.6 percent of conventional mortgage loan applicants are denied. It’s an exceedingly high figure (one of the most significant in the country, in fact),
We keep hearing how low inventory is in today’s housing market, but why is that the case? The National Association of Realtors’ existing-home sales report for March was an altogether positive take on housing, with sales rising 6.1 percent
What is the state of new construction in Chicagoland, as the market creeps towards recovery? New construction in the 10-county Chicagoland area stumbled somewhat in 2015’s first quarter, with new home sales falling 4.2 percent from 2014 to 1,047
A new Zillow analysis shows in stark terms just how damaging inequality is for housing’s future. Call it “The Great Housing Divide.” Although homeownership – on the strength of record-low mortgage rates – remains incredibly affordable, rising levels of