Asking prices rose yet again in the Trulia Price Monitor in March, but asking rents continued to slow. Asking home prices outpaced asking rents yet again in Trulia’s latest Price Monitor and Rent Monitor, which studied all the for-sale

Bidding wars are normally the ultimate sign of a hot real estate market, that demand for real estate is so stratospheric that prospective homebuyers are nearly falling over themselves with offers for the homes. Bidding wars had been in

The real estate industry is crowded; everyone these days seems to be a Realtor. So how do you differentiate yourself from other agents? How do you stand out, get people to notice you, like you and use your services?

A “pinball property,” “pinball listing” or “setup listing,” as it’s also called, can be a real estate agent’s best friend – just as long as they’re not the ones listing the property. It’s not a new term, but the

The National Association of Realtors’ 2013 Profile of Buyers’ Home Feature Preferences is one the largest, most complete studies of what preferences homebuyers have when looking to purchase a new home. Since pricing a property looks at several different

A new study by the American Public Transportation Association and the National Association of Realtors has uncovered a most interesting pattern in some of America’s largest cities, Chicago included. Studying residential sales prices from 2006 to 2011, researchers concluded

“It’s tough to make predictions, especially about the future.”-Yogi Berra Wouldn’t the real estate business be so much easier if we all had crystal balls? Well, you do have a crystal ball. I have one, too. We all do.

There are myths involving the housing recovery that, as journalists and analysts have shown, are downright incorrect. A funny thing has happened the last couple of months – some people have become uncomfortable with the housing recovery. Maybe it’s

Home prices continued to pick up more steam in the CoreLogic HPI, rising to their highest mark in nearly seven years in February. Home prices nationwide rose a sterling 10.2 percent year-over-year in February, according to the latest CoreLogic

Former President Ronald Reagan’s Hyde Park boyhood home is being demolished. Reagan lived in the apartment building, located at 832 E. 57th St., with his parents in 1914 and

The spring homebuying season is traditionally the most active time of the year for real estate agents, and these three trends will define 2013’s season. Though the weather may not be cooperating here in Chicago, the spring season has

What communities in Chicagoland have the highest percentage of mortgage-free homes? Who are the homeowners in the Chicagoland area who truly owns their home, mortgage free? According to a new study from Crain’s, they’re either old or wealthy. In

The city of Chicago will begin the phase-out of the 7 percent tax cap on property assessment  increases – a break created during the real estate boom to control the steep property tax hikes. The north suburbs will begin

Though the housing market is recovering, first-time homebuyers have thus far been an absent component of that recovery; when will they return? The housing market may be showing its best signs of life in years, but one essential component

Residential construction went through a rough patch after 2006, but new Census Bureau data shows the market roaring back to life. Residential construction had a strong month of activity in February, with spending on projects in February rising to

Housing inventory shortages have been an epic problem in some housing markets, but what neighborhoods in Chicago are plagued by low inventory? Housing inventory in March was nearly 20 percent lower than a year ago, and though that’s the