Renter households surge as homeownership costs climb

Renter households increased by 2.7 percent year-over-year in the third quarter to a record 45.6 million, a rate three times higher than the 0.9 percent uptick in homeowner households, according to a new Redfin analysis. Continue reading

Michael Jordan’s Northern Chicago mansion scores potential buyer

After 12 years on the market, Jordan’s Highland Park mansion is finally in contingency following price cuts totaling nearly $15 million. In the end, the final list price clocked in at $14.855 million. Continue reading

Nearly half of NYC’s out-of-state buyers come from these locations

Living in New York City remains undeniably expensive, with sale prices in some neighborhoods reaching $7.5 million, yet out-of-state buyers are still drawn to the city, according to “The New York Times.” Continue reading