News / Features

Former CAR President Bob Floss Sues CAR and President/Board Members, Class Action Suit to Follow

Bob Floss, the former president of the Chicago Association of Realtors, has filed a lawsuit against CAR, its president and 2011-2012 board members. Bob Floss, the former president of the Chicago Association of Realtors (CAR), has filed a lawsuit

Wayne Wasily Joins Coldwell Banker Residential Brokerage Flossmoor Office

Coldwell Banker Residential Brokerage recently announced that Realtor Wayne Wasily, 34, has joined their Flossmoor office. Wasily has not focused on just one area of expertise throughout his 8 years in real estate as he prefers to concentrate his

Ryan Hill Realty’s Teresa Ryan Named One of America’s Top Real Estate Professionals

Broker/Owner of Ryan Hill Realty, Teresa Ryan, was named one of America’s top real estate professionals by REAL Trends and The Wall Street Journal. Ryan is ranked in the top one half of 1 percent of more than 963,000

Conlon Real Estate Teams Up With Christie’s to Improve Their Branding

Conlon Real Estate will be the only Christie’s affiliate in Chicago, creating international exposure for the company Sean Conlon, owner of Conlon Real Estate, is teaming up with Christie’s International Real Estate, a branch of the historic London auction

Builders Aim to Reduce an Overabundance of Home Lots

The Chicagoland area is rebounding in the residential market and builders are changing the way they acquire lots. We have begun to seen the housing market make its comeback, but just how far along is it? Metrostudy, a Houston-based firm

The 5 Most Important Characteristics of Today’s Homebuyers

NAR’s 2013 Home Buyers and Seller Generational Trends report is massive, and among its many findings are great insights into homebuyer characteristics. The National Association of Realtors publishes many reports on real estate and the many individuals involved in

RealtyTrac: Foreclosures at Lowest Level Since 2005

Foreclosure starts were down by a hefty amount in June, according to the Midyear 2013 U.S. Foreclosure Market Report from RealtyTrac. Foreclosures in the U.S. were down to their lowest level since 2005 in June, falling 21 percent from

5 Ways to Maintain Client Relationships While Growing Your Business

You’ve launched your business and you’re well past the early stages, but now you’re starting to grow and growing pains are tough. In the pursuit of growth, many businesses and independent professionals focus an exorbitant amount of energy on

How to Double Your Buyer Agents’ Sales

Char MacCallum of Olathe, Kan., found herself in the same boat as many other brokers: with buyer agents who just weren’t getting the job done. The numbers proved it – they were only contributing 15 percent to her total

What are the Preferences of the Most Active Foreign Homebuyers?

Homebuyers from Canada, China, Mexico, India and the UK make up 53 percent of all foreign home purchases in the U.S. What do they look for in homes? Foreign homebuyers accounted for $68.2 billion in home purchases from March

Apartment Vacancy Rate Remains Unchanged, But Promise Lies Ahead

Reis analysis on apartment vacancy and rental rates show small potential in the second quarter In April, we read the first quarter 2013 analysis from Reis and learned the apartment vacancy rate was at the lowest point in a

How Rising Mortgage Rates are Affecting Prospective Homebuyers

Mortgage rates are at their highest levels in years, but how are they impacting the decisions of potential homebuyers? A new Trulia survey explains. Well, it was fun while it lasted! After falling for a sustained, seemingly endless length

CoreLogic: Foreclosure Inventory Down 29 Percent in May

CoreLogic’s National Foreclosure Report for May offered another dose of positivity for housing, with foreclosure inventory down by nearly a third. The U.S. foreclosure markets continued to improve in May, according to the latest National Foreclosure Report from CoreLogic.

70 Percent of U.S. Metros Featured on NAHB’s Improving Markets Index

More than 70 percent of metro areas in the U.S. are now a proud part of the NAHB’s Improving Markets Index, according to the association’s latest tally. A total of 255 metropolitan areas were featured in the July Improving

The Biggest Challenge Facing Brokerages? Agents’ Age

Real estate brokerages face plenty of challenges, but according to a new survey, the increasing age of real estate agents comes out on top. It was just two months ago that the National Association of Realtors reported that only

Kale Realty Celebrates 200th Agent

Kale Realty, which specializes in both residential and commercial sales, leasing and property management, announced that it has hired its 200th agent. In addition, this is the company’s 62nd year serving Chicago. The company is also known as the

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