News / Features

Residential Construction in Chicago Stumbles in May

Residential construction markets were a bit inconsistent in May, though the news was not all bad. #104316676 / gettyimages.com Residential construction in Chicago declined a bit in May, falling 9 percent year-over-year to $238 million, according to the latest

Berkshire Hathaway HomeServices KoenigRubloff Realty Group Welcomes Trump Tower Sales Team

Berkshire Hathaway HomeServices KoenigRubloff Realty Group, one of the area’s most notable brokerages, welcomed Kiyoko A. Binosi and Michael R. Maier, the sales team for the Trump Tower, as the newest additions to their 980 N. Michigan Avenue office

Redfin Announces New Feature for Hot Homes

Redfin’s newest feature is helping hopeful buyers identify the hottest properties in their neighborhoods. #171354749 / gettyimages.com Late last month, customer-centric real estate brokerage Redfin unrolled its new “Hot Homes” feature, designed to help buyers identify homes likely to

CoreLogic Report: How Home Prices Did In May

Home prices are on the rise, according to a new report from CoreLogic. But what do those gains mean for the industry? #135385164 / gettyimages.com National home prices again rose in May, marking the 27th consecutive month of year-over-year

What Has Chicago Investors Flipping?

A new report from Redfin details the state of house flipping in the country, and what that might mean for the immediate future of the industry. #173242927 / gettyimages.com In 2013, while home prices were still being driven up by

NAR Report: What Pending Home Sales Can Tell Us About the Market

Pending home sales increased for the month of May, but many first-time buyers are looking for more incentive to enter the market, according to NAR. #154455910 / gettyimages.com In May, pending home sales and inventory levels rose as mortgage rates

Breaking News: Russ Bergeron Out as CEO of MRED

Last week, Russ Bergeron made it official on Facebook and LinkedIn that he is no longer the president and CEO of Midwest Real Estate Data, Inc. On Friday, June 27, there was a change made with his employment history on his social

Baird & Warner Fox Valley Raises Money for Marklund

The Baird & Warner Fox Valley office hosted a bowling fundraiser for Marklund, a nonprofit organization. Baird & Warner raised $5,000 for the organization, which serves infants and children with developmental disabilities and special healthcare needs. “It is so important

United Real Estate Celebrates Two Years Since Opening Its Chicago Office

United Real Estate recently celebrated its two-year anniversary since the grand opening of its Chicago office. Since opening in June 2012, the brokerage has seen tremendous growth in Chicago and surrounding suburbs. Out of 7,000 offices that are members

4 Key Housing Trends at 2014’s Halfway Point

We’re just about at the halfway point for 2014 – how has the housing market fared, thus far? #172290866 / gettyimages.com We’re now at the halfway mark for 2014, and unsurprisingly, the year has brought many new surprises and

IAR Urging Governor Quinn to Sign SB2664 into Law

SB2664 needs only a signature to become law, and the IAR is hoping it happens. #124360764 / gettyimages.com Earlier this month, we wrote about Senate Bill 2664, which having passed the state’s General Assembly was on its way to

“Coming Soon” Listings: A Blessing or a Curse?

Zillow’s move to include “Coming Soon” listings has led to an industry-wide conversation about the potential of the strategy. When someone wants something, there’s no better way to make him or her want it even more than by putting

Which Billionaire Could Buy Your Chicago Suburb?

Of America’s various billionaires, who has the necessary funds to buy an entire Chicagoland suburb? Take a look at our infographic below, which collects data from a very interesting Redfin study, to find

5 Takeaways From the Latest New Home Sales Report

The Census Bureau came out with its latest report on new home sales this week; what were its main findings? #152392688 / gettyimages.com The U.S. Census Bureau released its latest findings on new construction housing this week with a

New Home Sizes in the U.S. Just Keep Growing and Growing and Growing

It’s no mystery that newly built single-family homes are pretty big nowadays, but the latest data still surprises. #173750263 / gettyimages.com The last couple of years, we’ve been steadily tracking the return of large new construction homes, but even we

The 10 Top-Selling Suburbs in Chicagoland

What suburbs in Chicagoland saw the most sales activity in Chicagoland in the rainy month of May? #140686864 / gettyimages.com We reported yesterday on the wider home sales trends in Chicagoland, but what specific suburbs saw the highest number

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