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Early Warning Signs

Pocket Listings Pop up in Chicago


Once solely the province of high end and celebrity markets like the San Francisco Bay area, Beverly Hills and Malibu, pocket listings now are increasingly popular in lower brow parts of the Chicago market, according to local RE/MAX broker/owners. The broker/owners of RE/MAX offices in Chicago, Buffalo Grove, Rockford and Belvidere, Ill. report an upswing in requests from clients for ... Read More »

October Prices Lag in the Midwest

Price growth was strong in every region in October, including the Northeast where prices rose more than any other region. However, Midwest prices continued to trail the nation as the recovery is still fragile in the nation's heartland. Read More »

Rustbelt Markets are Missing the Recovery

Not all is going smoothly with the housing recovery as the summer ends. August data from shows that, though inventories are still falling, more and more markets are seeing prices go in the wrong direction, dropping below levels of a year ago. Read More »

Lenders Show Signs of Easing on Refis

In April lenders loosened up slightly on the loan-to-value ratio used to make approval decisions on mortgage refinance applications. However, but the lid is still screwed down tightly on purchase mortgages used to buy homes, according to the Ellie Mae Origination Insight Report. Read More »