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