New home sales may have disappointed in 2014, but median sales price was an entirely different matter. December may have capped off a lackluster year of sales for newly built single-family homes, but when it came to the median

For a successful 2015, does Chicago need more building? The Windy City finished out the year with a whimper, as our own Peter Ricci reported last week, which wasn’t a wholly unexpected result, but some were surprised to see

ListHub publishes letter offering new details on their forthcoming split with Zillow, while Zillow finds new MLS provider. In a bombshell statement released in early January, Zillow announced that as of April 7 the listing portal would no longer

Home prices in the Chicagoland area did not set the indices on fire in the latest Case-Shiller. Home prices in the Chicagoland area continued to moderate in November, falling 1.1 percent from October but rising a modest 2.0 percent

Strong late year sales emphasize the presence of persisting demand, but low inventory could lead to eventual affordability problems. Existing-home sales faltered moving into the deep winter months, but according to a new report from the National Association of

CEO of CENTURY 21 Affiliated Chicago, Thomas Bretz, announced that Loretta Alonzo, managing broker of CENTURY 21 Affiliated in La Grange Park, was recognized as the 2015 Illinois Realtor of the Year by the Illinois Association of REALTORS®. Loretta

Coldwell Banker Residential Brokerage has officially opened the doors of its Groves office, located at 4192 IL Route 83, which will service Buffalo Grove, Long Grove and the surrounding communities. Redesigned with today’s real estate industry in mind, the

Everyone knows that lending standards today are relatively restrictive by historic standards, but are they loosening up at all as housing and the economy improve? To find out, we took an exclusive look at CoreLogic’s Housing Credit Index (HCI),

Mortgage applications increased 14.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Jan. 16, 2015. This comes a week after an incredible 49 percent surge. The

Realtor.com Chief Economist Jonathan Smoke states that 2015 is the year of recovery, and there are several factors at play that will make 2015 a better year for real estate: 1. Lending is becoming less restrictive, and programs are

Oil is pushing its way down to below $47.50 per barrel as of Jan. 12, and there’s no sign it’s going to change anytime soon. Saudi Prince Al-Waleed bin Talal said in an interview with USA Today that the

Mortgage fraud has tumbled over the last year as increased regulation pushes the bad seeds out of the industry, the U.S. Department of the Treasury Financial Crimes Enforcement Network’s FinCEN report said. However, the situation that the appraisers are

Recently, the Obama Administration announced, with much fanfare, that it was directing the Federal Housing Administration to reduce annual mortgage insurance premiums by 50 basis points, from 1.35 percent to 0.85 percent, as part of “major new steps” to

The Top 20 Agents in Chicagoland Sold 7 Percent Of Chicagoland’s Total Sales Volume Chicago Agent’s Real Data came out on Monday, and interestingly, the top 20 agents in Chicagoland sold 7 percent of the six counties’ total sales

It was the same old narrative for the 2014 housing market in December, according to fresh analysis. Home sales in the nine-county Chicagoland totaled 7,971 in December, a 3.7 percent decline from Dec. 2013’s 8,278 sales, according to the

By Peyman Aleagha For decades print marketing has been one of the primary ways real estate professionals have marketed their brand, advertised their listings, and reached out to buyers and sellers in their market areas. My company, WebsiteBox, conducted