News / Features
A 15% rise in applications for adjustable-rate mortgages drove overall mortgage applications higher in the most recent weekly survey.
New home listings are still on the rise, despite mortgage rates hitting the highest level in more than 20 years. And those high mortgage rates are pushing monthly housing payments higher than they’ve ever been.
Agents from CENTURY 21, Coldwell Banker, ERA, Sotheby’s International Realty, Corcoran and Better Homes and Gardens Real Estate — and RE/MAX — will all have the option to leave NAR pending new settlements.
House hunting was traditionally a couples’ game until Millennials and Gen Zers came into the picture. Now, many young individuals are plunging into the market solo.
Housing affordability has worsened in many parts of the country as wages fail to grow at the same pace as home prices.
eXp Realty partnered with real estate technology company Opendoor to integrate an application programming interface into its ExpressOffers platform.
Redfin said it will require many of its agents to leave NAR and the association has “forced an all-or-nothing choice on us,” and it would therefore “choose nothing.”
Regionally, pending sales were down across the board on both a monthly and an annual basis, the National Association of REALTORS® said.
The installation for the North Shore-Barrington Association of REALTORS® (NSBAR) took place on Sept. 6 at Ravinia’s Tree Top event space, and more than 200 people came out to celebrate the officers.
Chicago’s housing market ranks No. 7 in the U.S. in terms of value, according to a new report from Zillow. However, it showed the second-highest year-over-year growth of the 20 metros studied, trailing only Miami-Fort Lauderdale.
This other-worldly home may look like it’s about to get up and walk into the sunset — but for $2 million, it could be yours.
The Makinney Group, led by Tom Makinney, has affiliated with Compass. The team, previously with @properties Christie’s International Real Estate, also includes agents Jill Giorno and Jen Goodale.
As the national real estate market balances out, Chicagoland homes continue to appreciate, according to new data from the Mainstreet Organization of REALTORS®. Other trends are also holding steady.
Total housing inventory at the end of August was 1.11 million units, up 3.7% from July but down 14.6% on a year-over-year basis, the National Association of REALTORS® said.
Two historic homes — the Samuel and Dorothy Eppstein House and the Eric and Pat Pratt House — are for sale in Galesburg, Michigan. Both were designed by Frank Lloyd Wright. And they’re a package deal.
Canceled home-sales contracts hit their highest rate in almost a year as skittish homebuyers blanche at mortgage rates that are the highest they’ve been in more than 20 years.