News / Features
Though overall housing inventory is showing signs of recovery, it’s not progressing in a way that helps first-time homebuyers. According to the National Association of Realtors, 2014 has been a very good year for housing inventory. After falling precariously
And you thought Zillow was the only syndication site making high-level acquisitions? Advantage – Move, Inc.? In a clear response to Zillow’s $3.5 billion acquisition of Trulia, Move, Inc., the company that manages NAR’s realtor.com website, has acquired the
$1 million is a hefty chunk of change, but new data shows that it goes much farther in some metro areas than in others. #150799741 / gettyimages.com How much is $1 million, in the grand scheme of things? According
Home prices continue rising, CoreLogic finds, but the geographic drivers of the increases may be shifting. #182173485 / gettyimages.com Home prices continued to show signs of improvement in July, according to the latest Home Price Index report from CoreLogic. Nationwide,
Autumn has traditionally been a slow selling season, but Redfin analysis suggests that may not be the case in 2014. #dv520008 / gettyimages.com It’s a seasonal trend as tried and true as any in American business – the strong
Residential construction was basically flat in July, though it remains ahead of 2013’s pace. #175431498 / gettyimages.com Residential construction spending through July was at a seasonally adjust annual rate of $358.1 billion, a 0.7 percent increase from June, according
Negative equity persists in today’s housing market, but its impacts are not equally felt in every price point. #471456425 / gettyimages.com Earlier this week, we reported on new findings by Zillow that a whopping 42.6 percent of Generation X
Construction spending has been up and down in Chicagoland in 2014, but it bounced back in a major way in July. #175937445 / gettyimages.com Residential construction spending in the Chicagoland region totaled $422 million in July 2014, a remarkable
Earlier this week, Illinois’ largest independently-owned brokerage firm and Chicago’s No. 1 residential brokerage, @properties, announced that Rick Sobin has joined the company as its new vice president of brokerage services. Sobin comes from fellow brokerage Berkshire Hathaway HomeServices
Pending home sales rose for the fourth time in five months, according to the National Association of Realtors. #143058853 / gettyimages.com Pending home sales rebounded in July, rising 3.3 percent from June according to the latest data from the
$1 million sure goes much farther in our local housing market! #200433899-001 / gettyimages.com In our housing market, as well as scores of others across the U.S., $1 million is a hefty sum of money, one that awards potential
The U.S. housing market has been in recovery mode the last two years, and despite gains, some areas remain in dire straights. #sb10064219d-001 / gettyimages.com If the real estate industry can be thought of as its own world, then
New CoreLogic report finds that even though foreclosures are still around, their presence is much less pronounced. #200146144-001 / gettyimages.com In 2013, foreclosures were at the epicenter of the housing conversation. However, after a year of tirelessly closing short
Though our marketplace has traversed quite the terrain since 2008, new data shows that it still has quite a bit of ground to cover. #79395361 / gettyimages.com We report quite regularly on building permits at the national level, but
Though the U.S. has cleared through millions of underwater mortgages, a shocking number of Gen X mortgage holders are still underwater. #115181433 / gettyimages.com Seventeen percent of the nation’s homeowners – aka 8.7 million – are still underwater on
In July, Realogy Holdings, one of the world’s leading real estate companies, acquired ZipRealty’s national operations for approximately $166 million. As a result of the sale, Coldwell Banker Residential Brokerage, one of the many brokerage brands owned by Realogy,