News / Features

The Most Worrying Economic Trend for the Housing Market

One aspect of the economic recovery could haunt the housing market far beyond its current cycle. Seven million is a big number, and unfortunately –for both the housing market and the wider economy – it’s attached to a remnant of the Great

MRED Renews Relationship with 12 Local Realtor Associations

Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service (MLS), has renewed agreements with all 12 of the local Realtor associations MRED provides services. Under the new Contract for Services Association agreements (CSAs), MRED will continue to provide MLS

Newly Built Homes are 50% More Expensive Than in 2010

Everybody wants a new home, but fewer people will be able to afford them at this rate. Newly built single-family homes are extremely expensive. That was the big takeaway from the latest new home sales report from the Census

Market Ranking: What Markets are Chicago’s Most Expensive and Affordable?

Coldwell Banker Real Estate released its 2014 Home Listing Report (HLR), which provides a side-by-side comparison of four-bedroom, two-bathroom homes in nearly 2,000 markets across the country, as well as rankings of the most expensive and affordable markets in all 50

South Loop Condominium Project Relaunches Sales

After two years of renting out a failed South Loop condominium project at 1555 S. Wabash, a Los Angeles investor has decided the market is strong enough to put the condos back up for sale. Built in 2009 by

If Homebuilding is Flat, Why are Builders So Darn Confident?

It would appear to be a glaring contradiction in the nation’s housing market, but a bit of flip-side thinking immediately clears things up. The HMI, the NAHB’s measurement of builder confidence, rose yet again this month, jumping four points

Chicagoland Home Prices Balance Further in Latest Case-Shiller

Home price growth continued to slow in September, but as we argued with home sales, that’s not necessarily a bad thing. Balance was the name of the game for home prices in the Chicagoland housing market, which in September

Forget Home Sales – This is Housing’s Most Encouraging Trend

Sure, existing-home sales were up, but there was another side of NAR’s report that suggested even better things for housing. Last week, the National Association of Realtors announced that existing-home sales in October posted their first yearly increase in

@properties Lands at No. 8 on Chicago Tribune’s Top Workplace 2014 List

Amongst the midsized companies on Chicago Tribune’s Top Workplace 2014 list is @properties sitting at No. 8. For the second consecutive year, the largest independent real estate brokerage firm in Illinois, has been recognized as one of the Chicago

The Top-Selling Neighborhoods in the City of Chicago

Are the usual suspects at the top of the heap, or did October’s market offer some surprises? All hail the Near North Side! As was the case the previous month, Near North was the top-selling neighborhood in Chicago in

Auction.com/Google’s First NowCast Predicts Strong Nov. Market, though Challenges Remain

Google’s first foray into housing data has yielded some encouraging – albeit sobering – numbers for the housing recovery. Earlier this month, we reported that Google and Auction.com were diving head-first into the real estate data game with NowCast,

How Homebuyers Search for Their Homes – 4 Important Trends

The manner in which prospective homebuyers search for residences suggests very interesting things about the housing market. About a month ago, we reported on what has been a radical upheaval to how real estate functions: 43 percent of homebuyers

Report Reveals 4 Pieces of the Mobile App Puzzle

The popularizing of smartphones introduced the world to the mobile Internet, but now apps have overtaken Web usage. Though smartphones are a relatively new innovation in the longer and more encompassing transition into digital, which started with the introduction

Chicago Cubs Welcome Wintrust as the Team’s Official Banking Partner

The Chicago Cubs and Rosemont-based Wintrust Financial have entered an agreement that will make the lender the Cubs’ official banking partner, replacing a handful of other banks the team had worked with in recent years that included Bank of

The Top-Selling Suburban Markets in Chicagoland

What suburban markets in Chicagoland saw the most home-sale activity in the month of October? Earlier today, we reported that Chicagoland’s overall housing market continued to normalize in October, with sales falling, prices rising and greater balance coming to

Chicagoland Home Sales Slump – and That’s a Good Thing

Though the latest housing report on Chicagoland home sales would seem distressing, it’s all a matter of perspective. Home sales in the nine-county Chicagoland area slipped 3.3 percent year-over-year in October, falling to 9,146, according to the latest analysis

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