News / Features

Existing home sales fall 14.6% annually

The only region of the U.S. that didn’t experience an annual decline in existing home sales was the Midwest, where sales were unchanged year over year.

As remote work continues, these hot markets are poised for growth

The Sun Belt is poised for the strongest residential real estate growth in the U.S., according to the 2024 Emerging Trends in Real Estate report, released jointly by PwC and the Urban Land Institute every year.

Illinois sales trends showed little change in October — and will likely continue to do so

Without no increase in inventory, prices stayed on the rise in October 2023 as home sales continued to fall according to new data from Illinois REALTORS®.

Step into a purple fairytale in Bridgeport, Connecticut

In Bridgeport, Connecticut, the seller transformed this one-of-a-kind, two-family home with her own artwork and renovations.

NSBAR YPN and broker Betsy Brint receive national honors

NSBAR’s Young Professionals Network won NAR’s Network of the Year award; Betsy Brint was an honorable mention for the Good Neighbor Award.

Homes are moving quickly in the Chicago suburbs as buyers flex rising income

As home sales continued shrinking across Chicagoland’s suburbs, last month showed a slight uptick, according to new data from the Mainstreet Organization of REALTORS®.

NAR installs 2024 leadership team

Tracy Kasper was named 2024 president of the National Association of Realtors® during the organization’s annual event in Anaheim, California. 

The kinds of houses buyers opted for this year

Detached single-family homes remained the most popular type of housing, making up 79% of all home purchases during the past year.

Naperville home sells for a record-setting $8 million

A Naperville home has sold for just over $8 million at auction, marking the most expensive sale in DuPage County history. It’s also the most expensive home ever sold at auction in the Chicago metro area.

Fairway hosts multiple charity events in collaboration with veterans and military families

Fairway Independent Mortgage Company has hosted three charity events for veterans and Relators alike. The events gave local agents from different brokerages the chance to connect with veterans, better learning more about how to working with them.

NAHB: The two-car garage is king

Across the map, there’s a dominant parking option among single-family homes: the two-car garage. Sixty-six percent of new single-family construction in 2022 included two-car garages.

Inside today’s real estate firms: top challenges, future outlook and more

Real estate firm leaders are worried about housing affordability and inventory in the next two years, according to the 2023 Profile of Real Estate Firms by the National Association of REALTORS®.

NAR’s latest Profile of Home Buyers and Sellers shows homebuyers’ median income is up roughly 20%

Today’s homebuyers are more likely to pay cash and be unmarried and childless than in previous years. They’re also entering their new homes with a much steeper income, according to NAR’s annual Profile of Home Buyers and Sellers report.

Mark Willis returns to his former role as CEO at Keller Williams

Mark Willis, who served as CEO of Keller Williams from 2005 to 2014, has stepped back into the role effective immediately.

Homebuyer demand remains resilient, despite rates, shrinking listings

Last month, homebuyer demand showed its resilience, despite mortgage rates being at a 23-year high and inventory continuing to be limited.

RE/MAX Holdings names new CEO, Erik Carlson, after 2-year search

RE/MAX Holdings has named a new CEO after nearly two years of searching: Erik Carlson, former CEO of the DISH Network Corporation. The firm’s last CEO, Adam Contos, stepped down in January 2022.

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