Midwest Real Estate Data LLC

Midwest Real Estate Data LLC
Midwest Real Estate Data LLC
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  • July Housing Report from Illinois REALTORS®
    Illinois REALTORS® has released the statewide July 2017 housing report. “It continues to be a strong summer for sellers. Homes are selling at a record pace, averaging just 47 days on the market statewide—with the median price up 5.8%. Low housing inventory drove up buyer competition and prices—in July, there was a 12.6% decrease in […]
Midwest Real Estate Data LLC
Midwest Real Estate Data LLC
Blog Post

New blog articles detected.

  • MRED Chicagoland Report for July, 2017
    How long can the residential real estate market go on like this? We are about two years into a national trend of dropping housing supply and increasing median sales prices. There are some regional variations to the story, but the shift to a predominantly seller’s market is mostly complete. Multiple-offer situations over asking price are […]
Midwest Real Estate Data LLC
Midwest Real Estate Data LLC
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New blog articles detected.

  • U.S. Housing Inventory Hits a New Low… List Your House TODAY!
    Every summer, families across the country decide if this will be the year they sell their current house and move into their dream home. Mortgage rates have hovered around 4% for all of 2017, forcing buyers off the fence and into the market, resulting in incredibly strong demand RIGHT NOW!! At the same time, inventory […]
Midwest Real Estate Data LLC
Midwest Real Estate Data LLC
Blog Post

New blog articles detected.

  • MRED Chicagoland Report for June, 2017
    There has been a general slowdown in sales across the country, and this cannot be blamed on negative economic news. Unemployment remains low and wage growth, though nothing to overly celebrate, has held steady or increased for several years in a row. There is strong demand for home buying, emphasized by higher prices and multiple […]
Midwest Real Estate Data LLC
Midwest Real Estate Data LLC
Blog Post

New blog articles detected.

  • 5 Reasons Why You Should Not For Sale By Owner!
    In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their homes on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast majority of sellers. Here are […]
Midwest Real Estate Data LLC
Midwest Real Estate Data LLC
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New blog articles detected.

  • May Brings Higher Illinois Home Sales and Prices
    Statewide home sales picked up in May and properties sold quickly even as median prices tracked higher than a year ago, according the latest report from Illinois REALTORS®. Statewide home sales increased 3.8 percent to 17,077 homes sold and the statewide median price rose 8.3 percent to $209,000. Find market talking points and the forecast, […]
Midwest Real Estate Data LLC
Midwest Real Estate Data LLC
Blog Post

New blog articles detected.

  • MRED Chicagoland Report for May 2017
    Home prices across the U.S. are reaching all-time highs, prompting worry over another boom-and-bust scenario like we experienced roughly ten years ago. Yet, as we glance across the state of residential real estate, what is clear compared to the last extended run of price increases is that lending standards are now much stronger than they […]
Midwest Real Estate Data LLC
Midwest Real Estate Data LLC
Blog Post

New blog articles detected.

  • 5 Reasons You Should Sell This Summer
    Here are five reasons listing your home for sale this summer makes sense. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase… and are in […]
Midwest Real Estate Data LLC
Midwest Real Estate Data LLC
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New blog articles detected.

  • 5 Reasons to Hire a Real Estate Professional When Buying or Selling!
    Whether you are buying or selling a home it can be quite an adventurous journey, which is why you need an experienced real estate professional to guide you on the path to your ultimate goal. In this world of instant gratification and internet searches, many sellers think that they can For Sale by Owner or […]
Midwest Real Estate Data LLC
Midwest Real Estate Data LLC
Blog Post

New blog articles detected.

  • MRED Chicagoland Report for April 2017
    The employment landscape and wages have both improved over the last few years, allowing for more people to participate in the home-buying process. When the economy is in good working order, as it is now, it creates opportunities in residential real estate, and right now is a potentially lucrative time to sell a home. Houses […]
Midwest Real Estate Data LLC
Midwest Real Estate Data LLC
Blog Post

New blog articles detected.

  • Is 2017 the Year to Move Up to Your Dream Home? If So, Do It Early!
    If you are considering moving up to your dream home, it may be better to do it earlier in the year than later. The two components of your monthly mortgage payment (home prices and interest rates) are both projected to increase as the year moves forward, and interest rates may increase rather dramatically. Here are […]
Midwest Real Estate Data LLC
Midwest Real Estate Data LLC
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New blog articles detected.

  • Renters can afford pricier-than-average homes without increasing monthly expenses
    Renters paying the median U.S. rent could afford a house that is 50 percent more expensive than the median U.S. home value, according to a new Zillow study. The study found that with an increase in rent prices across the country and low interest rates, many renters could afford pricier-than-average homes in their current cities […]
Midwest Real Estate Data LLC
Midwest Real Estate Data LLC
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New blog articles detected.

  • Get All the Facts about PMI
    When it comes to buying a home, whether it is your first time or your fifth, it is always important to know all the facts. With the large number of mortgage programs available that allow buyers to purchase a home with a down payment below 20%, you can never have too much information about Private Mortgage Insurance […]
Midwest Real Estate Data LLC
Midwest Real Estate Data LLC
Blog Post

New blog articles detected.

  • Slaying Home Buying Myths [Infographic]
    Some Highlights: Interest rates are still below historic numbers. 88% of property managers raised their rent in the last 12 months! The credit score requirements for mortgage approval continue to fall. Blog post via KCM Blog
Midwest Real Estate Data LLC
Midwest Real Estate Data LLC
Blog Post

New blog articles detected.

  • MRED Chicagoland Report for March, 2017
    We can comfortably consider the first quarter to have been a good start for residential real estate in 2017. There was certainly plenty to worry over when the year began. Aside from new national leadership in Washington, DC, and the policy shifts that can occur during such transitions, there was also the matter of continuous […]
Midwest Real Estate Data LLC
Midwest Real Estate Data LLC
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New blog articles detected.

  • Major Enhancements are LIVE in connectMLS!
    You asked, we listened! Based on your feedback, some major changes and upgrades have been made to photos and the Private Listing Network (PLN)! Photo Highlights: Unlimited photos per listing (think before you print!) High Definition (HD) photos Restrict selected secondary photos from being distributed to third party websites (ex. IDX, realtor.com, etc.) when the […]
Midwest Real Estate Data LLC
Midwest Real Estate Data LLC
Blog Post

New blog articles detected.

  • Again… You Do Not Need 20% Down to Buy NOW!
    A survey by Ipsos found that the American public is still somewhat confused about what is required to qualify for a home mortgage loan in today’s housing market. There are two major misconceptions that we want to address today. 1. Down Payment The survey revealed that consumers overestimate the down payment funds needed to qualify for a […]
Midwest Real Estate Data LLC
Midwest Real Estate Data LLC
Blog Post

New blog articles detected.

  • 4 Great Reasons to Buy This Spring!
    Here are four great reasons to consider buying a home today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Index reports that home prices have appreciated by 6.9% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.8% over the […]
Midwest Real Estate Data LLC
Midwest Real Estate Data LLC
Blog Post

New blog articles detected.

  • MRED Chicagoland Report for February, 2017
    The start of the year ushered in a wave of good news about a hot stock market, higher wages and an active home sales environment. At the same time, housing prices have continued to rise, and the low inventory situation and affordability crunch has been particularly hard on first-time buyers struggling to get into the […]
Midwest Real Estate Data LLC
Midwest Real Estate Data LLC
Blog Post

New blog articles detected.

  • MRED Chicagoland Report for January, 2017
    January brings out a rejuvenated crop of buyers with a renewed enthusiasm in a new calendar year. Sales totals may still inevitably start slow in the first half of the year due to ongoing inventory concerns. Continued declines in the number of homes available for sale may push out potential buyers who simply cannot compete […]
Midwest Real Estate Data LLC
Midwest Real Estate Data LLC
Blog Post

New blog articles detected.

  • How to Get the Most Money When Selling Your Home
    Every homeowner wants to make sure they get the best price when selling their home. But how do you guarantee that you receive maximum value for your house? Here are two keys to ensuring you get the highest price possible. 1. Price it a LITTLE LOW  This may seem counterintuitive. However, let’s look at this […]
Midwest Real Estate Data LLC
Midwest Real Estate Data LLC
Blog Post

New blog articles detected.

  • Thinking of Selling? Do it TODAY!!
    That headline might be a little aggressive. However, as the data on the 2017 housing market begins to roll in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME! The February numbers are not in yet, but the January numbers were sensational. Lawrence Yun, Chief Economist […]
Midwest Real Estate Data LLC
Midwest Real Estate Data LLC
Blog Post

New blog articles detected.

  • MRED Chicagoland Report for December, 2016
    Most of 2016 offered the same monthly housing market highlights. The number of homes for sale was drastically down in year-over-year comparisons, along with days on market and months of supply. Meanwhile, sales and prices were up in most markets. Unemployment rates were low, wages improved and, as the year waned, we completed a contentious […]
Midwest Real Estate Data LLC
Midwest Real Estate Data LLC
Blog Post

New blog articles detected.

  • Broker Public Portal Inks Deal to Become Homesnap
    ROCKVILLE, MD, January 19, 2017 — Broker Public Portal, LLC and Homesnap, Inc. have executed final agreements to create the National Broker Portal, LLC, a joint venture that is equally owned by the two companies. The parties agreed that the best path to success would be served by forming a mutual partnership with Homesnap providing […]
Midwest Real Estate Data LLC
Midwest Real Estate Data LLC
Blog Post

New blog articles detected.

  • MRED President/CEO Named an Inman Influencer for 2017
    Midwest Real Estate Data (MRED) President/Chief Executive Officer Rebecca Jensen is one of 150 individuals named to Inman’s Real Estate Influencers of 2017. Jensen joined MRED as its President and CEO in March 2015. MRED provides multiple listing services to more than 8,000 real estate offices and 40,000 brokers and appraisers in the Chicago area. […]

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