News / Features

Chicagoland Home Prices Remain Slow & Steady in Case-Shiller

How are home prices looking, as the spring market gears up for action? Home prices in the Chicagoland area continued their slow, steady progress in the latest Case-Shiller Home Price Indices from Standard & Poor’s. Per the Case-Shiller’s analysis,

Agent Safety: Half of Brokerages Failing

A new study from NAR shows more than 50 percent of brokerages are failing their agents in terms of providing proactive safety procedures. On Sept. 31, 2014, after an exhaustive search, Little Rock, Ark. police found the body of

$10 Trillion Up for Grabs in North American Luxury

A profile of the ultra rich from around the world reveal some interesting facts about luxury real estate buyers. Luxury is a butterfly concept, fluttering about the industry with a thousand hands trying to grab hold. But the idea of luxury

RE/MAX Presents Brokers with Pioneer Club Award

RE/MAX recently presented a select group of brokers in its northern Illinois real estate network with its Pioneer Club Award, which recognizes those affiliates who have reached their 25th anniversary with RE/MAX. Twenty-five years spent with one brokerage represents a

The Top-Selling Suburbs in Chicagoland

Where, in the vast wilderness of Chicagoland’s suburbs, are home sales the highest? Last week, we reported that after a disappointing couple of months, home sales in the Chicagoland area jolted back in a major way in March, with

Are We Underestimating the Student Loan Problem?

Student loan debt may be an even bigger problem than we initially thought. Here’s an eye-opening statistic – 31.5 percent of Americans who are paying down their student debt are at least a month behind on their payments. That

The Top-Selling Neighborhoods in Chicago

Where, among Chicago’s varied neighborhoods, were home sales the highest? Earlier this week, we reported that home sales in the Chicagoland region jolted back to life in March, putting up some of its best numbers sine 2013. How did that

Coldwell Banker Residential Brokerage Names Top Producers at #HomeRocks Awards Celebration

The following sales associates have been recognized for their exceptional real estate efforts at the Coldwell Banker Residential Brokerage #HomeRocks awards celebration held on Tuesday, April 14 at Radisson Blu Aqua Hotel Chicago. “Every year our independent sales associates

4 Important Considerations Behind the ‘Bad’ New Home Sales Numbers

Some news outlets are hyperventilating about the latest new home sales report, but the reality is more encouraging. The Census Bureau released its latest report on new home sales this morning, and on the surface, it’s a doozy. Finishing

Chicagoland Time on Market on the Slow Side – And That’s Perfectly Fine

Relatively speaking, our market is not nearly as fast as one might believe. Chicago may have a reputation as a progressive, fast-moving city, but that is not the case for the majority of the metro area’s real estate listings,

NAR: March Home Sales Start Spring Off Right

NAR home sales report brings optimism. The National Association of Realtors released its existing-home sales report for March, and the early verdict is good, with sales, prices and inventory showing strong signs of improvement. Across all property types, existing-home sales

Chicagoland Housing Jolts Back to Life in March

This year had been a modest one for real estate in Chicagoland, but March has brought the marketplace back to life. After two disappointing months, the Chicagoland housing market roared back to life in March, with sales in the

Coldwell Banker Welcome Adam Meredith to Deerfield Office

Coldwell Banker Residential Brokerage recently welcomed Realtor Adam Meredith to their Deerfield office. Meredith is a licensed real estate broker with the North Shore and Barrington association of REALTORS, with nine years of real estate experience. In addition to Meredith’s career as

Investors Flip: Taking Back the Market

While banks took over the majority of flipping in the downturn, with high prices and low inventory, investors are again reentering the game. In the wake of the financial crisis, when home prices were low and demand nonexistent, the

Chicago Agent Assistant Editor Interviewed on Ilyce Glink’s ‘Big Money Real Estate’

Peter Thomas Ricci, Chicago Agent magazine’s assistant editor, was interviewed on the latest episode of “Big Money Real Estate,” Ilyce Glink’s program on current trends in residential real estate. Watch the interview below, and hear Peter’s perspective on affordability and

3 Ways to Prevent Errors in Appraisal Reports

An appraisal report is an essential part of any mortgage transaction as it assesses and assigns the value to a property. While most appraisers are competent professionals with the educational background needed to offer an opinion on a property’s

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