News / Features

Is 2015 the Year For Buying And Selling?

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

How Falling Oil Prices Could Hit the Mortgage Industry

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, Appraisal Fraud on the Decline

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

How Much the FHA Premium Cut Will Actually Save Borrowers

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

Realty Rewind

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

Chicagoland Caps Off Lackluster 2014 with Lukewarm December

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

Is Print Still an Effective Real-Estate Marketing Tool? Simple Steps To Find Out

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

SPECIAL REPORT: Windy City Sees Healthy 2 Year Decline in Foreclosures

Using data provided by CoreLogic, we look closer at the foreclosure and serious delinquency rates of the last two years. Last week, we reviewed CoreLogic’s latest foreclosure report, which provided a brief snapshot of national and local foreclosure levels

Andersonville Will Be One of the Nation’s Hottest Markets in 2015

Chicago will be home to one of the nation’s busiest real estate markets, according to analysis from Redfin. Andersonville is poised to be one of the hottest real estate markets in the U.S., according to a special report from Redfin.

Special Report: Distressed Sales Nearly Nonexistent in Housing Today

Here is an undeniably positive development in the housing recovery. Distressed home sales – such as the one in our photo above – were the most visible result of the housing downturn, a true sign of the unfortunate times.

The Top 20 Agents in Chicagoland Sold 7% Of Chicagoland’s Total Sales Volume

Chicago Agent magazine released the numbers and ranks the top 20 agents and brokerage offices in Chicagoland’s six counties in its Real Data online issue. Chicagoland’s top five residential real estate offices closed over $4,550,000,000 in 2014, showing an

Related Midwest to Acquire Chicago-Based Affordable Housing Landlord

In 1992, the U.S. Department of Housing and Urban Development sold the 628-unit Marshall Field property to a venture of investors with a bid requirement that the property remain for low-income tenants for 25 years. Fourteen years later, Related

Will a ‘Strong’ U.S. Dollar Ruin International Real Estate in the U.S.?

Foreign home sales have been a big deal in the U.S., but could the strengthening economic climate change that? Foreign real estate has been a big deal in the U.S. during the housing recovery, and the numbers speak for themselves

Chicago Poised For Some of Nation’s Best Price Gains in 2015

Few housing markets will perform better than Chicagoland in 2015, according to new analysis. The year of 2015 will be a good one for real estate in the Chicagoland area, according to the latest Market Report from research firm

3 Ways the 2014 Homebuilding Market Bested 2013

How was 2014’s homebuilding market better than 2013’s? Allow us to count the ways… The numbers are in, and they’re quite clear in their conclusions – by every possible metric, 2014’s homebuilding market represented a strong improvement over 2013.

When to Schedule Closings: A Review of 2014

Danielle Hale of NAR tackles existing-homes sales to determine what the most popular closing dates of 2014 were. It’s a whimsical if not slightly tired cliché to say “it’s all in the timing,” but in rare form, it’s one

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