Morning Minute: Hurdles for the housing market

NAR’s REALTOR® Magazine points to three hurdles that are affecting today’s housing market recovery including: less affordability as mortgage rates and home prices rise, the long-term impact of the 16-day federal government shutdown and rising flood insurance premiums. Read the full article from NAR.

In other headlines:

Elmhurst named bike-friendly community – Chicago Tribune

Employment Shows ‘Missing Households’ Still Weigh on Housing – Wall Street Journal

Chicago area September home sales up 25.6 percent (Video) – Chicago Business Journal

 

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