National News
The Zillow/Trulia merger could mean serious alterations to how agents and consumers interact. After a weekend filled with rumor and speculation, news dropped this morning that Zillow will indeed acquire Trulia for a cool $3.5 billion, creating by far the
June proved a very rough month for new home sales, but how bad are things, really, for the beleaguered homebuilding sector? #162748979 / gettyimages.com The headlines sure are negative – at a seasonally adjusted annual rate of 406,000, the sales
Despite improve racial equality by leaps and bounds, the U.S. housing market continues to struggle with racial disparities. #157169491 / gettyimages.com Through much adversity, African Americans have made considerable strides towards equality in the U.S. However, barriers to homeownership,
Existing-home sales were up in June, which bode well for the market, but construction and low wages remain barriers to full recovery. #187462241 / gettyimages.com The third quarter of 2014 is already churning out good news for the housing
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
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
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
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
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
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,
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
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
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
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
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
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