National News

How Homebuyers Search for Their Homes – 4 Important Trends

The manner in which prospective homebuyers search for residences suggests very interesting things about the housing market. About a month ago, we reported on what has been a radical upheaval to how real estate functions: 43 percent of homebuyers

Report Reveals 4 Pieces of the Mobile App Puzzle

The popularizing of smartphones introduced the world to the mobile Internet, but now apps have overtaken Web usage. Though smartphones are a relatively new innovation in the longer and more encompassing transition into digital, which started with the introduction

New Construction Falls in October on Volatile Multifamily Sector

As has been the case for some time now, the residential construction market rose and fell on the strength of multifamily housing. Residential construction saw disappointing numbers in October, and as has been the case during the whole housing

How Twitter’s Big Changes Will Impact Your Real Estate Business

In the midst of heavy criticism, Twitter unrolls a laundry list of forthcoming changes. “Everything that happens in the world happens on Twitter…” The opening line of a blog post Twitter Vice President of Kevin Well published last week

Banks Take on Weighted Risk for Heavy Lending

Looking for a good mortgage rate? All you need is good credit and a lot of money. #77931886 / gettyimages.com In recent years, expectant homebuyers vying for a good mortgage rate have faced dire odds as once loose lending

Economic Concerns Persist in the U.S. – and Hold Back Housing

Though Americans feel better towards housing, wider economic concerns persist – which, in turn, affect the housing market. #470896401 / gettyimages.com It’s become quite clear, in 2014, that housing’s recovery will depend in large part on wider economic trends,

The Emotional Rollercoaster Buyers Experience During Their Search for “The One”

Seventy-seven percent of buyers say they’ll know immediately when they’ve found their ideal home, according to a survey of about 2,500 Americans by BMO Harris Bank. Unfortunately, the house hunting process takes time, and not all buyers exude confidence during

National Association of Realtors to Implement New Policies

The National Association of Realtors’ leadership team has been tasked with creating a new “Code of Excellence” educational requirement and making the current requirement to complete Realtor Code of Ethics training biennial instead of quadrennial. In an attempt to

Finding Your Way Around the New Mortgage Rules

New measures from regulators promise to help ease lending standards, but are they enough? #459151625 / gettyimages.com The recent announcement by federal regulators to enact an assortment of measures aimed at easing lending standards has thrown many in the

How the Housing Affordability Crisis Has Led to a Surge in Roommates

The share of households featuring roommates has been on a steady rise the last few years, and the cause could not be more straightforward. Housing affordability is a common topic of coverage here at Chicago Agent, and for good reason

FTC Requests More Information, Zillow Delays Merger

A second request from the FTC for more information has Zillow asking for more time. Early today, major listing syndication service Zillow announced via an SEC filing that it would not consummate the $3.5 billion transaction of Trulia prior

3 Reasons Direct Mail Might Be a Better Marketing Tool

Though not as quick as email, direct mail still offers considerable advertising value. The real estate world is constantly abuzz with talk of the newest mobile app or search platform. So much so, in fact, that agents often forget

The One Thing Stopping Millennials From Becoming Homeowners

Why are Millennials not buying homes? The answer is far simpler than you may suspect. There are some lofty explanations out there for why Millennials are staying on the real estate sidelines, but new research from Moody’s Analytics has

What Homes Do Consumers Want to Buy? 5 Important Trends

There are many types of homes for sale on any given day, but what trends are consumers gravitating towards? Tall, short, skinny, fat, new, old, historic, modern, urban, rural – the possibilities are endless when it comes to the

3 Reasons Why Obama’s Plan for Net Neutrality Matters For Your Business

President Obama came out in support of net neutrality this week, and his proposals could be instrumental in protecting the Internet – and your business. Advocates for net neutrality received a huge vote of confidence this week from President

How Housing Affordability is Worsening in Atlanta

In case you were wondering, our housing market continues to get less affordable, not more. In the last year and a half, housing affordability in America has dramatically fallen, and our local metro is no exception. We recently reported that NAR’s Housing

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