News / Features

Real Estate Broker Chases Down Mugger July 4th

While most people were watching the fireworks on the Fourth of July, real estate broker Gary Dailey was stopping a robbery. Dailey was walking near Oak Street Beach to meet up with his girlfriend, when he came across a large

What are the Busiest Housing Markets in the U.S.?

Redfin’s Real-Time Fastest Markets Report offers an interesting glimpse at what housing markets are seeing the most activity. Is Chicago among them? Housing demand lessened somewhat nationwide in May, according to the latest Real-Time Fastest Markets Report from Redfin,

5 Essential Details About Foreign Homebuyers

Foreign homebuyers made up nearly $70 billion in sales in 2012-2013, and they revealed distinctive patterns during that time frame that agents should know. We reported earlier this week that, though constrained by weak international economics and exchange rates,

Trulia: Chicago Asking Prices Bounced Back in Major Way in June

After finally bottoming, asking prices in Chicagoland are on a seriously promising trajectory, according to the latest Trulia Price Monitor. Asking prices in Chicagoland bounced back in a major way in June, increasing 8.4 percent year-over-year and 5.4 percent

Construction Spending Hops 5.4 Percent in May

Another month, another rock-solid collection of data on the residential construction industry from the Census Bureau. May was another solid month for the construction industry, with spending on new projects increasing by 5.4 percent year-over-year, according to the latest

Highest Sale in Chicago So Far in 2013: Winnetka Mansion Sells for $12.7 Million

A seven-bedroom French provincial home on Sheridan Road  in Winnetka sold for $12.7 million last month, the highest-priced home sale in Chicago so far this year. The 15,000-square-foot lakefront home was built in 2010, and has 137 feet of

May Home Prices Rise 12.2 Percent in CoreLogic Home Price Index

May was yet another month of double-digit home price increases, according to the latest Home Price Index from CoreLogic. Home prices in the CoreLogic Home Price Index (HPI) increased 12.2 percent year-over-year in May, the largest such increase since

Is the U.S. Mortgage Marketplace Improving?

It’s been a wild ride for the U.S. mortgage marketplace in recent years, but things are on the mend according to the latest report from LPS. To say the least, the post-housing boom marketplace has been an eventful one

Who’s Who in Chicagoland Real Estate 2013
Foreign Homebuyers Total $68.2 Billion in Sales in 2013

Foreign homebuyers contributed $68.2 billion in sales in 2013, a number that, though certainly big, actually represents a step back from 2012. Are foreign homebuyers losing their appetite for U.S. real estate, or are international economic forces prohibiting them

Related Realty Announces New Hubbard Street Office

Related Realty has officially opened its doors to its newest office on 350 West Hubbard Street. President of Related Realty, David Wolf commented on the new office space. “Now that we’re up and running with a talented team of

Pending Home Sales Hit Six-Year High in May

Pending Home Sales had a smashing May, according to the National Association of Realtors, hitting a six-year high as more homes went under contract. The month of may was a very good month for pending home sales, with the Pending

United Real Estate Chicago Celebrates One-Year Anniversary with a Milestone of 100 Agents

United Real Estate, a fast-growing urban-centric real estate and franchise operation company, today announced its achievement of reaching 100 agents in the United Real Estate Chicago office, only one year after its grand opening. United Real Estate has been

FNC Index Shows Home Prices Rise in April, Housing Recovery Continuing

The housing market is moving towards recovery with U.S. home prices increasing, found FNC in its latest study of the market. U.S. home prices are continuing to climb in April, as stated by the most recent FNC Residential Price

Are Chicago Home Prices Outpacing the Suburbs?

Housing prices have been uniformly increasing the last year, but a new Trulia study finds that city markets have the edge on their suburban competitors. City or suburbs? It’s one of the prevailing questions in real estate today, whether

Village People to Play at Guaranteed Rate’s Disco Dash

Guaranteed Rate announced that iconic 1970s superstars, the Village People, have signed on to make the mortgage company’s third annual Disco Dash even more funkadelic by bringing down the house as the headliners of the 5K/10K race. Whether you’re

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