News / Features

Weichert Realtors – Goodchild Homes Joins Willow Creek 5K Fundraiser

The office of clients of Weichert Realtors – Goodchild Homes has announced that the agency will participate in the Willow Creek 5K Run for Shoes, hosted by Celebration for Hope 2013, to support children in

3 Great Things Going on in New Construction

The Census Bureau’s latest new construction stats for February were awash with positivity, with building permits, housing starts and completions all up. It’s that time of the month again, when the U.S. Census Bureau releases the latest stats on

Cloud CMA Part of MREDpalooza June Madness

Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service (MLS), has announced that Cloud CMA by W&R Studios is supporting MREDpalooza as a ZAP!

When Will Housing Inventory Stop Falling?

Housing inventory has fallen at a precipitous rate, but could relief finally be approaching? New research from Zillow suggests it just might. There are currently two universally acknowledged truths about the U.S. housing market – one, that the market

Broker Seeks Buyer for Chicago Spire Debt

The primary lender on the failed Chicago Spire development hired a broker to sell nearly $93 million of debt on the high-profile site. The development, a deep hole along Lake Shore Drive and the Chicago River, has sat untouched

Illinois’ 30-30-30 Law – What You Should Know

Illinois’ 30-30-30 laws have been a huge benefit for the state’s distressed homeowners, and it’s looking like the provisions will be renewed through 2016. The Illinois Senate last week passed a bill that would extend the state’s 30-30-30 protections to

Busting 3 Homeownership Myths

In the wake of the housing crisis, some nasty myths regarding homeownership have been making the rounds, but they’re just that – myths. During the economic downturn, the concept of homeownership endured quite a bit of mudslinging from numerous

Are the Foreclosure Markets Improving?

RealtyTrac’s latest analysis of the U.S. foreclosure markets found many positive developments, though there still remains work to be done. The foreclosure markets continued their slow, steady improvement in the latest U.S. Foreclosure Market Report from RealtyTrac, though foreclosure

Mortgage Master Announces Karen Menza As New Regional Operations Manager

Mortgage Master, a super-regional mortgage bank and one of the country’s largest privately-owned mortgage companies, today announced the hiring of Karen Menza as regional operations manager to lead the company’s Midwest operation

What Homebuyers Want in Their New Home, Pt. 2

NAR’s 2013 Profile of Buyers’ Home Feature Preferences features plenty of details on what homebuyers want in new homes – and how much they’ll pay for them. The National Association of Realtors’ 2013 Profile of Buyers’ Home Feature Preferences is one

Chicago No. 2 ‘Flash Sales’ Market in U.S.

“Flash sales,” homes that sell in 24 hours or less, have taken serious hold in a select number of markets throughout the U.S. – Chicago among them! According to new research from Redfin, a most unusual phenomenon is currently

Know What Buyers REALLY Want?

What do homebuyers really want? The answer, the NAHB discovered, depends in large part on what kind of home that buyers are looking for. The National Association of Home Builders (NAHB) recently conducted a consumer survey to find out

MORe Rating System Launches in Chicago Suburbs

A new rating system from the Mainstreet Organization of Realtors will provide a comprehensive system for rating Realtor performance. The Mainstreet Organization of Realtors (MORe) announced a new program that will provide consumers in the Chicago suburbs with a

What Homebuyers Want in Their New Home, Pt. 1

NAR’s 2013 Profile of Buyers’ Home Feature Preferences has detailed, with impressive specificity, what homebuyers want in their new homes. Understanding key real estate trends is important, and what amenities, preferences and features today’s homebuyers are pursuing in new

Okay, Really: How Affordable is Chicago’s Housing Market?

Though today, many housing markets are considered “affordable,” how does our fine city compare to the nation’s most affordable housing markets? Housing affordability is a major selling point for any housing market. After all, if you’re going to succeed

Agents Feeling the Recovery with Confidence

News for the housing market has been uniformly positive since the dawn of the New Year, and an ActiveRain survey finds that optimism has spread to agents. Real estate agents have been a strangely absent component when it comes

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