News / Features

Real Estate-Related Google Searches Spike 253 Percent Since 2008

Real estate-related searches on Google have catapulted 253 percent since 2008, according to a joint study by Google and the National Association of Realtors (NAR). In addition, the report, titled The Digital House Hunt: Consumer and Market Trends in Real

Take Three: Distinguishing Yourself with YouTube Marketing

In our second story in our series on YouTube marketing, we looked at how real estate agents could harness the fabulously popular medium and successfully tailor it to their real estate business, highlighting the core requirements of a good

Fannie Mae National Housing Survey Reveals Great Expectations

It looks like avoiding the apocalypse may have put consumers in the mood to buy. Americans continue to report confidence in the housing market despite concerns for their personal finances and the overall economy. Respondents to Fannie Mae’s December National

NAHB Study: Average Homeowner to Stay in Home For 13 Years

A new study from the National Association of Home Builders (NAHB) has found that the typical buyer of a single-family home will stay in the property for 13 years before moving out. That’s down from 16 years in 2011

Gen Y Has Spoken: Amenities > Square Footage

You’ve read all about Gen Y already: they plan to eventually buy, are reshaping the multifamily market and have positive feelings toward the housing market, in general. But a new study found data that’s valuable to any agent with Gen

Shadow Housing Inventory Continues to Fall, Down 12.3 Percent in Oct

So far, news for 2013 is optimistic: shadow housing inventory continued to decline in the autumn months, falling by 12.3 percent year-over-year in October, according to the latest estimates from CoreLogic. In total, there were 2.3 million units in

Possible Change to LEED Rating System Proves Controversial

When the U.S. Green Building Council met to discuss changes to its Leadership in Energy and Environmental Design (LEED) rating system in December, it was met with resistance and controversy from several manufacturers. In fact, the manufacturers formed a group,

Pending Home Sales Index Hits Highest Level Since April 2010

The Pending Home Sales Index showed considerable signs of life in November, increasing 9.8 percent year-over-year and hitting its highest level in more than two years, according to the latest readings by the National Association of

New Single-Family Home Sales Hit Two-Year High in November

New single-family home sales increased 4.4 percent from October to November, hitting their highest mark since April 2010, according to the latest numbers from the U.S. Census Bureau and the Department of Housing and Urban

West Loop Condo Inventory Down Substantially from 2008

One of the defining traits of the post-bubble housing market was the excess supply of new housing units, many of which languished on the marketplace for months, if not years. Few areas in Chicago better demonstrated this fallout than

Asking Prices Increase 5.1 Percent in December Trulia Price Monitor

Asking prices increased 0.7 percent from November to December and 5.1 percent year-over-year in the latest Trulia Price Monitor, which studied the asking prices of for-sale homes listed on Trulia in

Did the Housing Market Escape the Fiscal Cliff Unscathed?

We knew it would go down to the wire – after countless discussions, negotiations and stories by the media, Congress finally reached an agreement to avert the so-called “Fiscal Cliff,” and the housing market, upon initial impressions, seems to

Residential Construction Spending Up in November

Private residential construction spending increased again in November, rising 0.4 percent from October to November in what is shaping up to be an encouraging 2012 for residential construction, according to the latest data from the Census

5 Real Estate Trends to Watch For in 2013

Well, 2013 has finally arrived, and it brings with it a housing market that, in the view of every major real estate analysts – from the NAHB, to the Wall Street Journal, to CoreLogic – is on the path to

Top 10 Who’s Who Profiles

Who is making headway in the real estate industry in 2012? Who are the people whose names you should know, because they are making names for themselves this year? This past summer, our latest Who’s Who issue provided the

What’s Hot, What’s Not, for Housing Next Year

Like many in the industry, since it’s the end of 2012, industry professionals are making predictions for 2013. We asked local industry experts their thoughts in our last issue of the year, and Jed Kolko, chief economist at Trulia,

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