It takes a very short amount of time to break even on a house nationwide, but such privileges come with significant conditions. It takes just over two years to break-even on a mortgage in Chicagoland, meaning the point at which

Despite recent improvements, there remain considerable uncertainties for consumers when it comes to housing and the economy. Everywhere you look, nowadays, there seems to be a new study or report proclaiming good news about both housing and the greater

A new CoreLogic study details the fall of cash sale shares across the country. A home is a good investment, but a normalizing market has somewhat thinned out the opportunities to make quick, high yield sales, and as a

Sure, home prices are rising, but is that really a good thing, other economic indicators considering? Home prices have grown faster than wages in 76 percent of U.S. housing markets in the last two years, and Chicagoland – where

Where, in Chicago’s vast urban landscape, were home sales the highest? Last week, we reported on the top-selling suburban communities in Chicagoland, and now, courtesy of the same exclusive monthly data from our friends at Redfin, we’re back to look at

Moderate home price gains in February suggest the market may be stabilizing. Home prices continued their strong ascent in February, according to CoreLogic’s newest Home Price Index. Including distressed sales, home prices climbed 5.6 percent from the same time

Zillow Group today announced that Zillow and Trulia have signed 14 new agreements with multiple listing services in the past two days, including Chicago-based Midwest Real Estate Data (MRED). Errol Samuelson, Zillow Group’s chief industry development officer, said new additions

A new tech company is looking to apply the benefits of “Big Data” to property tax appeals. From the mortgage process, to the MLS apparatus, to the growing prominence of syndication sites and private research firms, “big data” has

Did job growth slow in March, or continue on its strong, steady path? The Labor Department announced earlier today that the U.S. economy added 126,000 jobs in March, which not only ends a 12-month streak of 200,000-plus jobs added,

It’s been common knowledge that Chicagoland’s rental market is on fire, but is that narrative slowly changing? For some time now, the rental narrative has been one as commonly told as that of low mortgage rates. Rents, spurred on by surging

Where, in the wide range of Chicagoland’s suburbs, are home sales the highest? Last week, we reported that after a disappointing January, home sales in the Chicagoland area bounced back in a major way in February, improving 3.7 percentage

A new study from Logwood University attempts to explain the relationship between an agent’s effort and the property’s location. A new study from Logwood University in Farmville, Va. is emphasizing the importance location plays in the home selling process, but

Coldwell Banker recently named Deborah Benavides the Relocation Operations Manager for its Central U.S. region. In this position, Benavides will manage the operations of the Coldwell Banker Relocation Service Center in Deerfield, Ill. and support the relocation efforts in the Chicago, Milwaukee,

Could sky-high rents be the final push Millennials need to buy a house? Record-low home prices and historically low mortgage rates have not been enough to entice Millennials to buy homes, but now analysts have struck on another economic

Home prices in Chicagoland are growing, albeit at a slow rate. Chicagoland home prices posted lukewarm numbers in the latest Case-Shiller Home Price Indices, which looked at data from Dec. 2014 to Jan. 2015. From December to January, Chicagoland

Nancy Nagy, Michael Pierson and Chris Eigel, CEO, President and Chairman Emeritus of Berkshire Hathaway HomeServices KoenigRubloff Realty, respectively, accepted an award for the No. 3 brokerage in the nation on behalf of the firm and its agents at