News / Features

Coldwell Banker adds new leadership in Hyde Park and Oak Park
Coldwell Banker adds new leadership in Hyde Park and Oak Park

“The 2021 market is off to a strong start and having an experienced team in place to quickly serve agents is paramount,” President Ayoub Rabah, Coldwell Banker Realty

NAR: Midwestern home prices up 14%
NAR: Midwestern home prices up 14%

“Despite the drop in home sales for February — which I would attribute to historically-low inventory — the market is still outperforming pre-pandemic levels.” NAR Chief Economist Lawrence Yun

Low inventory still driving up Chicago housing prices
Low inventory still driving up Chicago housing prices

The median sale price of a home in Chicago was $275,000, a 1.5% increase month over month and a 12.7% increase over last year.

Chicago home price increase doubles national average
Chicago home price increase doubles national average

The median price of a home in the U.S. reached its highest point in 13 years last month as inventory continued to fall.

Kenneth Hoffman joins Real People Realty
Kenneth Hoffman joins Real People Realty

“I decided to join Real People Realty to take my business to the next level. Real People Realty gives me everything that I am looking for in a brokerage.” — Kenneth Hoffman

Millennials dominate homebuyer market as Gen Z enters
Millennials dominate homebuyer market as Gen Z enters

Eighty-eight percent of all homebuyers said they used an agent as a source of information during their search, and 91% of millennials age 22 to 30 said the same.

Baird & Warner launches new multi-media ad campaign
Baird & Warner launches new multi-media ad campaign

Baird & Warner has launched a new multi-media advertising campaign reflective of the several real estate services the company offers to both buyers and sellers.

‘Drussy’ Hernandez joins Coldwell Banker
‘Drussy’ Hernandez joins Coldwell Banker

Hernandez will work alongside Nykea Pippion McGriff, vice president of strategic growth, and Rachel Scheid, vice president of agent development.

Homeownership rising for single women, despite pandemic ‘she-session’
Homeownership rising for single women, despite pandemic ‘she-session’

It is not “first comes love, then comes marriage,” but for many women, “first comes homeownership,” according to First American Chief Economist Odeta Kushi.

Underwater homes down in metro Chicago
Underwater homes down in metro Chicago

Nationally, homeowners with mortgages saw their home equity increase by 16.2% year-over-year from the fourth quarter of 2019.

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