National News

Economic Concerns Persist in the U.S. – and Hold Back Housing

Though Americans feel better towards housing, wider economic concerns persist – which, in turn, affect the housing market. It’s become quite clear, in 2014, that housing’s recovery will depend in large part on wider economic trends, and that until

The Emotional Rollercoaster Buyers Experience During Their Search for “The One”

Seventy-seven percent of buyers say they’ll know immediately when they’ve found their ideal home, according to a survey of about 2,500 Americans by BMO Harris Bank. Unfortunately, the house hunting process takes time, and not all buyers exude confidence during

National Association of Realtors to Implement New Policies

The National Association of Realtors’ leadership team has been tasked with creating a new “Code of Excellence” educational requirement and making the current requirement to complete Realtor Code of Ethics training biennial instead of quadrennial. In an attempt to

LoanDepot, LLC To Acquire Mortgage Master, Inc. in Definitive Agreement

In a recent definitive agreement between loanDepot, LLC and Mortgage Master, Inc., loanDepot, LLC will acquire the super-regional mortgage lender and one of the country’s largest privately-owned mortgage companies. LoanDepot, LLC, the nation’s second largest nonbank consumer lender, looks

Finding Your Way Around the New Mortgage Rules

New measures from regulators promise to help ease lending standards, but are they enough? The recent announcement by federal regulators to enact an assortment of measures aimed at easing lending standards has thrown many in the mortgage industry into

How the Housing Affordability Crisis Has Led to a Surge in Roommates

The share of households featuring roommates has been on a steady rise the last few years, and the cause could not be more straightforward. Housing affordability is a common topic of coverage here at Chicago Agent, and for good reason

FTC Requests More Information, Zillow Delays Merger

A second request from the FTC for more information has Zillow asking for more time. Early today, major listing syndication service Zillow announced via an SEC filing that it would not consummate the $3.5 billion transaction of Trulia prior

The One Thing Stopping Millennials From Becoming Homeowners

Why are Millennials not buying homes? The answer is far simpler than you may suspect. There are some lofty explanations out there for why Millennials are staying on the real estate sidelines, but new research from Moody’s Analytics has

What Homes Do Consumers Want to Buy? 5 Important Trends

There are many types of homes for sale on any given day, but what trends are consumers gravitating towards? Tall, short, skinny, fat, new, old, historic, modern, urban, rural – the possibilities are endless when it comes to the

3 Reasons Why Obama’s Plan for Net Neutrality Matters For Your Business

President Obama came out in support of net neutrality this week, and his proposals could be instrumental in protecting the Internet – and your business. Advocates for net neutrality received a huge vote of confidence this week from President

How Housing Affordability is Worsening in Boston

In case you were wondering, our housing market continues to get less affordable, not more. In the last year and a half, housing affordability in America has dramatically fallen, and our local metro is no exception. We recently reported that NAR’s Housing

The Jobs Report: 3 Good Things and 3 Bad Things for Housing

The messages for housing were mixed in the BLS’ new report on the jobs market. The Bureau of Labor Statistics released the October jobs report earlier today, and it’s a doozy, with a multitude of numbers on the nation’s

5 Important Homebuyer Trends That You Should Know

With our first story in our “NAR Profile” series, we take a look at important homebuyer trends of the last year. Every year, Christmas comes several weeks early for housing analysts in the form of NAR’s “Profile of Home

3 Very Surprising Graphs on How New Construction Has Shifted Towards Affluence

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Boston Asking Prices Remain Positive in October

Though prices have shown signs of a slowdown at 2014 draws to a close, they’ve remained in positive territory. Though asking prices nationwide have shown some signs of a slowdown, they remained in confidently positive territory through October, according

Where Have All the First-Time Buyers Gone? 6 Explanations For the Decline

The market share for first-time homebuyers just keeps falling; what could be behind the fall? First-time homebuyers in 2014 have made up just 33 percent of primary residence purchases, according to new numbers out this week from the National

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