News / Features

Obama’s State of the Union Comes Up Short on Housing Policy

The housing market received some well-earned recognition last night in President Obama’s State of the Union address, with the president praising the market’s rising home prices, strengthening purchase market and the rebounding construction

Q4 Home Prices Post Strongest Increase Since 2005

Median existing single-family home price rose 10.0 percent in the fourth quarter of 2012 year-over-year, the strongest yearly increase for home prices since the fourth quarter of 2005, according to the National Association of

NAR: Typical Realtor Less Experienced in 2012 Than in 2011

The typical Realtor was less experienced in 2012 than in 2011, according to the latest numbers from the National Association of Realtors (NAR), which found that Realtors last year had, on average, 11 years of experience, down from 12

Mortgage Master Opens in Chicago

Mortgage Master has finally reached the Midwest. A regional mortgage bank and one of the largest privately-owned mortgage companies in the U.S., Mortgage Master recently opened a new branch office in Chicago with an anticipated office to be located

Related Midwest Announces Sales Launch of South Loop Luxury by Related

Related Midwest announced the official launch of sales at the South Loop Luxury by Related, a collection of 500 re-imagined residences across three buildings. Demand for this opportunity has been strong prior to the official sales launch, with 40

Will Obama Adress Housing in His State of the Union?

Tonight, President Obama will deliver the first State of the Union address of his second term, and along with the expected comments on gun control, climate change and immigration, recent reporting by the Washington Post suggests that housing policy could

List Your Property on a Friday, Or Suffer the Consequences

A wide number of factors contribute a listing selling for its ultimate price, but recent research suggests that the home’s timeliness could add thousands to the final sale

Redfin Digs Deeper With ‘Offer Insights’

Redfin took its latest stab at the hyperlocal landscape late last week with the unveiling of “Offer Insights,” a new feature on its website that highlights the observations and experiences of Redfin agents on specific real estate

What Home Searches Are the Most Popular in Chicago?

Post-Super Bowl Sunday marks the unofficial launch of the spring home buying and selling season and according to HomeFinder.com data, homebuyers in Chicago know what they want! According to NAR, 90 percent of homebuyers begin their home search on

Real Estate Photography Copyright Issues Persist

For years, the arguments surrounding real estate listing data have been contentious, loud and beaten to death, but the disagreements persist. Last summer, we dissected various terms of service to reveal that many entities sign over their rights to

Internet Explorer 8 Users Missing Out on Better Web Experience

Internet Explorer 8 is commonly required by specific business software, but limits the rest of your Web experience, so allow us to bring you up to date. It could be your company’s fault that you’re cruising the Web in

How Did 2012’s Inventory Level Compare to Years’ Past Levels?

According to Midwest Real Estate Data, the volume of properties for sale in December 2012 was 73 percent less than the inventory recorded for December 2010. That is quite the inventory drop within two years! Below is a chart

Home Offers/Tour Requests Skyrocket in Redfin Real-Time Demand Pulse

Homebuyer demand has started out the year incredibly strong, according to Redfin’s February Real-Time Demand Pulse, a measure of both home tours and signing offers with Redfin

3 Reasons Your Clients Should Buy Now

The latter winter months are often an awkward time for prospective homebuyers; though competition for real estate is sparse, inventory is often slim as well, and homebuyers are often caught between a rock and a hard place – buy

Consumer Confidence Continues to Climb in National Housing Survey

Consumer confidence in the housing market continued to climb in Fannie Mae’s January National Housing Survey, as more and more consumers approved in the direction of the housing recovery. Most notably, the percentage of survey respondents who thought that

Owners Can Finally Move into the Ritz-Carlton Residences

That’s right – after months of deliberation, it seems people can finally move into the embattled Ritz-Carlton Residences on Michigan

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