News / Features

Baird & Warner and Coldwell Banker Keep Up With Technology

When technology evolves, it becomes a process of making anything and everything convenient. So like everything else it’s the same for brokerages – when they update, it’s always a process to make home buying convenient, accessible any time and

Mortgage Master Continues To Expand Midwest Presence

Known as one of the largest privately owned mortgage companies in the country and a super regional mortgage bank, Mortgage Master announces it’s expansion of it’s Midwest production infrastructure and brand with the opening of it’s newest retail branch

New Home Construction Highs and Lows in March

Housing construction performed below expectations in March, according to the latest Census Bureau numbers. March was a month of good and not great news for new construction, according to the latest Census Bureau report, with housing starts rising 2.8

Housing Inventory in Chicagoland May Have Finally Bottomed

It’s been a verifiable roller coaster ride the last couple years when it comes to housing inventory, but are we finally out of the woods? Housing inventory in the Chicago housing market fell just 1.0 percent year-over-year in March,

Chicagoland Among Nation’s Densest Urban Areas

In the age of new urbanism, where does our metro area rank in terms of density and sprawl? “Density” and “sprawl” have become big buzzwords in housing the last couple of years, and for good reason. With gas prices,

Chicago Ranks No. 5 for Most Open Houses

Chicago was recently ranked No. 5 on HomeFinder.com’s list of the top 10 U.S. cities with the most upcoming open houses. With the average cost of an open house listing at $449,900, the Windy City has 95 upcoming open

All-Cash Sales in Chicagoland Remain Quite Prevalent

The housing market has made considerable strides in the last 18 months, but all-cash sales are still in abundance. We’ll cut to the big stat – in Jan. 2014, the latest month for which data exists, 39.8 percent of

The Relative Rarity of Million-Dollar Listings in Chicagoland

Sure, our area has some wonderful luxury housing markets, but in the grander scope of the market, how common are those million-dollar listings? We may hear about luxury real estate on a consistent basis, but luxury listings in the

Related Realty Celebrates First Anniversary with Top-Producing Team

Spring has been a time for celebration at Related Realty, with the residential brokerage firm marking the one-year anniversary of its 2013 launch just as ten of its agents were named 2013 Top Producers at the Chicago Association of Realtors (CAR)

Chicago Asking Prices, Rents Continue Strong Increases in March

March was another solid month of price increases in the for-sale and rental markets, both locally and nationally. Chicago’s asking-price fortunes continued in March, according to the latest Price Monitor from Trulia, with asking prices in the area’s housing

Very Few Chicago Homes Affordable on a Median Salary

Affordability is often crunched into a single number, but how does it differ across the spectrum of salaries? Chicago’s housing market may be relatively affordable, but it only goes so far for someone earning a median salary. That was

Residential Mortgages Becoming More Available

Mortgage standards have been pretty tight since 2008, but new readings from the MBA show them to improving. On the surface, it looks pretty underwhelming. From February to March, the Mortgage Banker Association’s Mortgage Credit Availability Index (MCAI) increased

5 Unexpected Details About the Younger Boomer Generation

The housing downturn and economic recession introduced some very intriguing details to Younger Boomers. The Baby Boom generation is arguably the most visible generation in America right now, yet given its diversity, it still manages to surprise us. So, in

Fannie/Freddie Reforms = Higher Mortgage Rates

Discussions on how to reform Fannie Mae and Freddie Mac get really wonky really fast, but they impact your business in very practical ways. We’ll cut straight to the chase – if current proposals to overhaul Fannie Mae and

@properties Names Rebecca Thomson Vice President of Agent Development

@properties, Chicagoland’s largest independent real estate brokerage, has hired Rebecca Thomson as vice president of agent development. Thomson, 29, comes to @properties from Jameson Sotheby’s International Realty, where she was a senior associate. With eight years of experience in residential

CoreLogic: Foreclosure Markets in Chicagoland Improve Radically

There are many uncertainties in the world, but here’s one thing we know for sure – progress has been made on the foreclosure front. Foreclosure inventory in the Chicagoland housing market plummeted 41 percent year-over-year in February, according to the

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