Tag Archives: chicago

Why is Midwest real estate beating the rest of the country?

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The Midwest is home to some of the hottest markets in the country, while other regions face a lackluster year. What gives? Continue reading →

Sellers outnumber buyers by 36% — but that figure is starting to shrink

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In the past two months, the total number of homesellers in the market has fallen from a peak of 1.96 million in May to 1.95 million in July, Redfin reported. As sellers realize that homebuyers have the upper hand now, some are opting out of the market … Continue reading →

US home prices see modest annual gains, but lag behind inflation

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The S&P Cotality Case-Shiller Index reported home price gains of 1.9 percent while the FHFA reported nationwide home price gains of 2.9 percent. Inflation sits at 2.7 percent, which still leaves consumers in a sticky situation. Continue reading →

RE/MAX taps an industry veteran to revive Motto Mortgage brand

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Former PHH Mortgage executive Vic Lombardo was most recently COO of Guaranteed Rate Affinity, a joint venture between nonbank lender Guaranteed Rate and Anywhere Real Estate. Continue reading →

Martha’s Vineyard property tied to the Obamas sells for $37M

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The 7,800-square-foot estate was reportedly purchased by businessman Les Wexner, the founder of L Brands, which was previously the parent company of Bath & Body Works and Victoria’s Secret. Continue reading →

Team Huddle: How this team blends longevity and innovation

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Learn how Jennifer Mills Klatt’s Home Discovery Team stays focused and aligned with Melanie Klein’s overview of the team’s communication process. Continue reading →

Slowing price growth still doesn’t open doors for homebuyers

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Home price growth slowed to the lowest level in two years in May. However, market pressures, primarily from elevated mortgage rates, mean buyers are still struggling to afford homes. Continue reading →

Backers of rival mortgage credit scores wage public relations war

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As new scoring models by Fair Isaac and VantageScore vie for acceptance by Fannie Mae and Freddie Mac, claims and counterclaims fly. In the meantime, mortgage giants are stuck with FICO Classic. Continue reading →

Buyer antitrust suit alleges Real, Realty One, Vanguard and The Agency conspiracy

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Real estate is changing fast, and so must you. Inman Connect San Diego is where you turn uncertainty into strategy — with real talk, real tools and the connections that matter. If you’re serious about staying ahead of the game, this is where you need t… Continue reading →

Home price gains relaxed in April, near slowest pace in 2 years

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The FHFA HPI rose 3 percent on an annual basis in April, while the S&P CoreLogic Case-Shiller Index posted a 2.7 percent annual gain. Continue reading →