National Home Price Index Rises to All-Time High

According to S&P Corelogic Case-Schiller Indices, home prices continued to rise over the last 12 months. The national home price index reflected a 5.8 percent annual gain in June. In Chicago, the price index was up 3.2 percent, compared to June 2016. 

Consumer Confidence Highest in 16 years

Americans are feeling very confident and optimistic about the economy, according to the latest Bloomberg Consumer Confidence Index figures. The 53.3 comfort measure is the seventh straight week in which the number has climbed and it is also the highest figure since March 2001, when the number was 52.8. Consumer spending accounts for 70 percent of the economy, so the positive results indicate an encouraging outlook for a strong job market and healthier household finances. 

 

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A Sign That More Housing Inventory Is Coming

DAILY REAL ESTATE NEWS | MONDAY, SEPTEMBER 11, 2017

Homeowners who have decided to stay put in their current properties may soon be ready for a move, helping to relieve stubbornly tight housing inventory. The evidence is in Fannie Mae’s latest Home Purchase Sentiment Index, in which the number of consumers who say now is a good time to sell a home neared an all-time high. The index—which is a measure of about 1,000 consumers’ attitudes toward housing—rose 1.2 points in August to a reading of 88, reflecting a year-over-year jump of 21 percentage points in the number of consumers who looked favorably on selling. The August reading is just shy of the index’s record high of 88.3, set in July.

KoenigRubloff Cares Foundation Gears Up for The Sunshine Kids Chicago Teen Getaway  

For the second year in a row, the KoenigRubloff Cares Foundation will be welcoming the Sunshine Kids, a non-profit organization that is dedicated to children with cancer, to Chicago for the teen getaway experience. From September 18^th to September 22^nd, Sunshine Kids from all over the country will enjoy the Windy City by visiting exciting destinations like Millennium Park and Navy Pier and creating friendships. 

Create a Cozy Outdoor Space for Fall

Warm Up with Hot Drinks

Fall is the perfect time to curl up in a blanket, sit on the couch, and enjoy a nice hot beverage. Midwest Living has a fantastic list of recipes for drinks you will love this season. Try a caramel-hazelnut café mocha that has melted Nutella in it, or throw in tea, fruit juice, and spices into your slow cooker to make a tea and cider wassail. To read more about these great recipes, please click here.