News / Features

One, Two, Freddy’s coming for you…

The iconic home from “A Nightmare on Elm Street” is prime Hollywood real estate. And it’s currently for sale.

S&P CoreLogic Case-Shiller: Home prices rise again

Home-price gains were once again broadly distributed, as all 20 cities in the S&P CoreLogic Case-Shiller Home Price Index rose, although in most cases at a slower rate than a month ago.

Federal Housing Finance Agency makes desktop appraisals permanent

It’s been a more than a year and a half of technological innovation in real estate in response to the COVID-19 pandemic, and the Federal Housing Finance Agency has decided to make one tool — desktop appraisals — permanent.

Mortgage applications rise despite increase in interest rates

At the same time, the increase in interest rates drove fewer borrowers to refinance their loans, according to the Mortgage Bankers Association.

Housing market starts to balance in September, giving buyers more choices, time

The month also saw a slight shift in inventory, even though shortages continued.

How pets are influencing housing decisions, post-pandemic

Pet ownership increased dramatically during the pandemic. 73% of homeowners report at least one pet in the home.

New-home sales rebound in September as prices hit new record

“There simply aren’t enough homes for sale relative to the demand fueled by millennials armed with low mortgage rate-driven house-buying power.” — First American Deputy Chief Economist Odeta Kushi

Chicago makes U.S. News & World Report’s Best Places to Retire list

The Windy City wasn’t the only Illinois community on the 2021 list. Rockford, as well as the the Quad Cities area of Iowa and Illinois also made the rankings.

Who were the top performers in Chicagoland real estate in Q3? Check out our newest Real Data report

Who sold the most homes across Chicagoland? Which brokerages rose to the top over the last three months? Find out in our Q3 Real Data report, a collaboration with Midwest Real Estate Data LLC.

NAR: Existing-home sales rebound in September

The median existing-home price for all housing types in September was $352,800, up 13.3% on an annual basis, as every region in the country registered price increases.

Goodman Theatre founder’s $4M home sale helps BHHS set home sales records

Three brokers from Berkshire Hathaway HomeServices Chicago have recently taken part in record-breaking local transactions, representing the buyers.

Freddie Mac to offer $3B in affordable housing bonds

Freddie Mac plans to offer at least $3 billion in single-family affordable housing bonds to support affordable homeownership and serve historically underserved markets, according to a press release. To underscore this effort, the company is offering approximately $285 million

Chicagoland home prices rising, Mainstreet reports

The price for attached homes is on the rise, according to new statistics from the Mainstreet Organization of REALTORS®.

New-home construction cools in September

The decrease was driven by a 5.1% month-over-month slide in the rate of multifamily starts, while single-family construction was flat.

September saw fewer homes sold, another increase in prices

Lack of inventory continues to restrict home sales as fewer homes sold in September, and closed home sales dropped.

Redfin: Climate change will exacerbate U.S. housing shortage

Climate change will negatively impact the already-stunted housing inventory in the U.S., according to a recent Redfin report.

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