National News

4 Reasons the Housing Market Could Improve in 2014’s Second Half

What good signs lie beyond the horizon for housing in 2014’s second half? Using analysis from a recent Redfin report, we put together the following

5 Things You May Not Have Known About the Mortgage Market

The mortgage industry has been subject to several changes over the last few years, and they might be having a bigger impact than you expected. Over the last year and a half, the financial side of real estate has

9 Mind-Blowing Facts About Real Estate in the U.S.

Even we were surprised by some of the following facts. #469971159 / gettyimages.com The U.S. housing market is a massive industry, one that incorporates not only elements of real estate, but of banking (both commercial and investment), appraising, marketing, advertising

Wolf Point West Breaks Ground, But Construction Well Underway

  On Friday, July 18, several elected officials, workers, union members and a collection of local leaders, including Michael Carrigan of Illinois AFL-CIO, Mayor Rahm Emmanuel and Chris Kennedy, gathered to commemorate the groundbreaking of the new Wolf Point

The End of Suburban Sprawl?

A new study suggests we may be seeing the beginning of the end of suburban sprawl. #147480838 / gettyimages.com Since the early 1940s, many of the United State’s most prominent metro locations have been characterized by sprawl, which refers

First of Three Wolf Point Site Towers Scheduled to Break Ground

At 10:30 AM on Friday, July 18, several elected officials, workers, union members and a collection of local leaders, including Michael Carrigan of Illinois AFL-CIO and Tom Villanova of the Chicago and Cook County Building and Construction Trades Council,

5 Common Selling Missteps That Every Agent Should Know

Selling a house can be a cumbersome process, but if the appropriate steps aren’t taken and details considered, sellers and agents alike could be losing out on thousands. #99966933 / gettyimages.com It was only a few years ago that

The 7 Things You Should Know About New Construction

Housing starts may have been down last month, but there are many more details about new construction that are of equal import. #200263624-001 / gettyimages.com The Census Bureau released its latest report on new construction, and it wasn’t pretty

Builder Confidence Once Again in Positive Territory

After a sorrowful period in the woods, builder confidence has returned to the promised land this month. #82355279 / gettyimages.com The National Association of Home Builders/Wells Fargo Housing Market Index (HMI), the nation’s leading measurement on builder confidence in

Realogy Set to Acquire ZipRealty

Earlier today, Realogy announced it had entered into a definitive agreement to acquire the technology-based ZipRealty for $6.75 per share. The total transaction, which will be in all-cash, is valued at $166 million. The acquisition will entail Realogy absorbing

How To Be the No. 1 Luxury Agent in Your Market: Top 5 Takeaways from Jane Brill Gavens

On early Tuesday, a collection of Coldwell Banker Residential Brokerage agents gathered in a small room of Chicago’s Omni Hotel on Michigan Ave. to listen to and learn from successful Beverly Hills-based luxury agent Jane Brill Gavens. For a

Redfin: Are Sellers Losing Market Control?

Heavy investment activity has helped deplete inventory levels, as well as buyer confidence, but a new Redfin survey suggests that dynamic may be shifting. #156881948 / gettyimages.com It’s been nearly seven years since the housing bubble collapsed; yet, the

NAR/Move Win Opening Battle in Legal War Against Zillow

NAR and Move, Inc. have prevailed in their opening salvo against Zillow. #128520267 / gettyimages.com A Washington state judge has ruled in favor of Move, Inc. and the National Association of Realtors in what promises to be a long

Foreign Purchases of U.S. Real Estate Soars in 2014

Foreign consumers regained their appetite for U.S. housing in a major way in the 12-month period ending March 2014. #185761563 / gettyimages.com International sales – aka, home purchases in the U.S. by foreign consumers – soared an incredible 35

The 4 Big Challenges Housing Faces in the Coming Years

Housing has made definite progress the last couple of years, but what hurdles remain for the industry? #488933561 / gettyimages.com There’s little doubt that the U.S. housing market has made notable improvements in recent years. For instance, delinquent mortgages

My Style: Patrick Devereux, Broker, Coldwell Banker, Lincoln Park

Number of years in real estate: 20. Describe your look: Somewhere between George Clooney and Sting. What do you consider a “fashion don’t”? Clothes that don’t fit – donate them. Also, it’s a don’t when there are too many

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