National News

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

REO Wars, Episode V: The Empire Strikes Back?

REO listings have been on a steady decline for some time, but have they reverse course in 2014? #101057102 / gettyimages.com The decline of distressed home sales has been one of the great success stories of the housing recovery.

Vast Majority of Millennials Still Aspire to Homeownership

Millennials have been missing in action thus far in the housing recovery, but a new survey suggests that the future holds good things. #163372008 / gettyimages.com The housing market may have shown an encouraging blast of activity in 2013,

Pulling Your Listings: A Boycott or a Movement? Pt. 2

Crye-Leike is only the latest brokerage to pull its listings from major syndication sites, begging the question: Is this the beginning of movement? What the Websites Have to Say Disregarding effectiveness for a moment, it’s undeniable that Trulia, Zillow

The 4 Big Things That Will Shape Housing in the Coming Years

The post-bubble housing market have many moving parts, but what components will have a lasting impact on its future? #178684401 / gettyimages.com Many things go into a housing market – so many, in fact, that it can prove dizzying

Bubble Watch: Trulia’s “Housing Barometer” Heralds Good News

The market continues its ascent to a full recovery, but one thing in particular is standing it its way, according to Trulia’s latest Housing Barometer. #85739476 / gettyimages.com For more than two years now, Trulia has charted the recovery

Don’t Believe the Hype – Baby Boomers Ain’t Downsizing Yet

We keep anticipating a wave of downsizings from the nation’s Baby Boomers, but the data does not bare out such a shift. #182110608 / gettyimages.com Baby Boomers are the grand representatives of single-family suburban homes, and analysts and real estate

Pulling Your Listings: A Boycott or a Movement? Pt. 1

Crye-Leike is only the latest brokerage to pull its listings from major syndication sites, begging the question: Is this the beginning of movement? There’s a certain dependence many in the real estate industry have placed on online listing services,

Redfin Announces New Feature for Hot Homes

Redfin’s newest feature is helping hopeful buyers identify the hottest properties in their neighborhoods. #171354749 / gettyimages.com Late last month, customer-centric real estate brokerage Redfin unrolled its new “Hot Homes” feature, designed to help buyers identify homes likely to

NAR Report: What Pending Home Sales Can Tell Us About the Market

Pending home sales increased for the month of May, but many first-time buyers are looking for more incentive to enter the market, according to NAR. #154455910 / gettyimages.com In May, pending home sales and inventory levels rose as mortgage rates

4 Key Housing Trends at 2014’s Halfway Point

We’re just about at the halfway point for 2014 – how has the housing market fared, thus far? #172290866 / gettyimages.com We’re now at the halfway mark for 2014, and unsurprisingly, the year has brought many new surprises and

IAR Urging Governor Quinn to Sign SB2664 into Law

SB2664 needs only a signature to become law, and the IAR is hoping it happens. #124360764 / gettyimages.com Earlier this month, we wrote about Senate Bill 2664, which having passed the state’s General Assembly was on its way to

5 Takeaways From the Latest New Home Sales Report

The Census Bureau came out with its latest report on new home sales this week; what were its main findings? #152392688 / gettyimages.com The U.S. Census Bureau released its latest findings on new construction housing this week with a

New Home Sizes in the U.S. Just Keep Growing and Growing and Growing

It’s no mystery that newly built single-family homes are pretty big nowadays, but the latest data still surprises. #173750263 / gettyimages.com The last couple of years, we’ve been steadily tracking the return of large new construction homes, but even we

NAR Report: Market Improving After “Lackluster” First-Quarter

New report finds national existing-home sales increasing for the second consecutive month. #183008215 / gettyimages.com Carrying the momentum picked up in April, national existing-home sales continued rising strongly in May, according to a report from the National Association of

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