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House prices, however, continued to rise, marking the 130th consecutive month for price gains, the longest streak on record, the National Association of REALTORS® said.
More buyers have entered the market in the past four weeks as mortgage rates fell.
It was another unusual year in Illinois real estate as sales slipped while prices remained high. New data from the Mainstreet Organization of REALTORS® outlines the details across Chicagoland.
The increase in builder confidence breaks a string of 12 straight monthly declines in the NAHB/Wells Fargo Housing Market Index.
The Willis Tower remains the tallest in Chicago. Now, a future structure is set to snag the No. 2 spot: the Tribune East Tower.
Potential buyers want real information about the communities they’re shopping in. And while agents may feel like experts, their answers must always comply with fair housing laws. To help, the National Association of REALTORS® released some advice.
HomeServices of America President and CEO Gino Blefari took the top spot on the annual list.
The firm’s subsidiaries include Century 21, Coldwell Banker, Corcoran Group and Sotheby’s International.
A record share of sellers are giving buyers concessions including money for repairs and mortgage-rate buydowns.
For more than 10 years, Lifestory Research has released its highly anticipated study: America’s Most Trusted®. And the 2023 results are in.
The brokerage said its technology team, which was most affected in the previous round of cuts, will not be impacted this time.
Geographically, the largest home-price increases took place in the Southeast, led by Florida (18%), South Carolina (13.9%) and Georgia (13.6%), CoreLogic reported, citing its November Home Price Insights report.
The move comes despite a slowdown in the single-family rental market.
Whether it’s for a downtown condo high-rise or a suburban single-family or town home community, a sales model needs to do much more than simply reflect popular design trends or showcase name-brand furniture and decor.
Foreclosures continue to rise toward pre-pandemic levels, according to new data from CoreLogic, but mortgage delinquencies are down. This is a positive sign, indicating that foreclosures will likely trend downward soon.
This home for sale in Walhalla, South Carolina, is straight out of a storybook. Dubbed Walhalla Castle, the regal property is affixed with vaulted ceilings, a tall tower, gargoyle guards and even a real sword-in-stone!