Inside NAR’s $45M plan to renovate its Chicago headquarters

The National Association of Realtors (NAR) is planning a $45 million facelift to its Chicago headquarters, according to a news report in Crain’s Chicago Business. The renovation will include an 18,000-square-foot office space, conference center and a glass-encased boardroom topped by a halo-like structure adorned with the NAR logo.

Compass rivals react to latest Chicagoland expansion

As relative industry newcomer Compass further expands its footprint into the Chicagoland area, competitors are welcoming their nascent rival.

Compass acquires Chicago indie brokerage The Hudson Company

Compass has added another brokerage to its ever-expanding portfolio, bringing its total agent count in Chicago to over 350.

A luxury condo tower is giving residents Tesla vehicles to share

A new luxury tower in Chicago is trying out an innovative concept: giving its residents a garage full of Tesla vehicles to drive.

Homebloq aims to dislodge real estate buyers from Zillow, Redfin

Homebloq aims to stop real estate consumers from only searching on Redfin and Zillow to the benefit of independent buyer’s agents.

Washington and Texas are the top destinations for millennial movers

Millennials are flocking to smaller cities in large numbers and abandoning major metropolises like New York and Los Angeles, according to a new study from SmartAsset, a tech-based financial education company.

Zillow: fewer than 10% of homeowners are underwater on their mortgage

The share of homeowners underwater on their mortgage dipped below 10 percent for the first time since the 2008 economic crash, a new report from Zillow finds. Precipitously rising home values are helping those who hung on through the crash regain equity. 

Case-Shiller: home prices will go up till economy slows or inventory increases

Home prices increased for the 71st straight month, according to the latest S&P CoreLogic Case-Shiller National Home Price NSA Index. Experts believe prices will continue to rise until the market sees an increase in inventory or the economy slows.

Compass announces new executive hires from Spotify, Eventbrite

Compass, the ever-growing real estate technology company, is continuing its hiring spree in the wake of last year’s $550 million Series E funding round and is pulling top talent from other buzzy tech companies: Khurrum Malik, most recently of Spotify, is joining as Compass’s chief marketing officer and Matt Rosenberg, lately of Eventbrite, is coming aboard as chief revenue officer.

MLS Grid launches first in Chicago, with plans to expand across the U.S.

MLS Grid, a company formed by several multiple listings services (MLSs) that aims to help brokers and brokerages by unifying and further standardizing property information that brokers get from the MLSs, has launched its shared data platform in the Chi…