This year is shaping up to be a transformative one for new construction in Chicagoland. After several years in the shadows, it seems that Chicagoland’s new construction marketplace is finally returning to prominence. According to the latest analysis from

Housing may have taken a beating during the downturn, but its reputation has recovered marvelously in the public’s eye. Americans consider real estate as their best long-term investment, according to a new survey by Gallup. That’s the second year

All the evidence suggests that renters are not rushing to the homebuying sphere. It would seem to be a perfect environment for homebuying. Not only are rents rising by considerable amounts, but relative to the costs of homebuying, it currently

Where, in the vast wilderness of Chicagoland’s suburbs, are home sales the highest? Last week, we reported that after a disappointing couple of months, home sales in the Chicagoland area jolted back in a major way in March, with

Student loan debt may be an even bigger problem than we initially thought. Here’s an eye-opening statistic – 31.5 percent of Americans who are paying down their student debt are at least a month behind on their payments. That

Where, among Chicago’s varied neighborhoods, were home sales the highest? Earlier this week, we reported that home sales in the Chicagoland region jolted back to life in March, putting up some of its best numbers sine 2013. How did that

Relatively speaking, our market is not nearly as fast as one might believe. Chicago may have a reputation as a progressive, fast-moving city, but that is not the case for the majority of the metro area’s real estate listings,

We may think we have a firm grasp of our market’s value, but new research suggests that’s not the case. Chicagoland homeowners overvalue their listings by 0.63 percent, at least compared to what certified appraisers judge as the value

Many people buy houses, but what are the specific reasons for those purchases? The answers may surprise you. Why did American consumers purchase homes in 2014? And how did those reasons differ generation to generation? In our continuing coverage

It takes a very short amount of time to break even on a house nationwide, but such privileges come with significant conditions. It takes just over two years to break-even on a mortgage in Chicagoland, meaning the point at which

Despite recent improvements, there remain considerable uncertainties for consumers when it comes to housing and the economy. Everywhere you look, nowadays, there seems to be a new study or report proclaiming good news about both housing and the greater

Sure, home prices are rising, but is that really a good thing, other economic indicators considering? Home prices have grown faster than wages in 76 percent of U.S. housing markets in the last two years, and Chicagoland – where

Where, in Chicago’s vast urban landscape, were home sales the highest? Last week, we reported on the top-selling suburban communities in Chicagoland, and now, courtesy of the same exclusive monthly data from our friends at Redfin, we’re back to look at

It’s been common knowledge that Chicagoland’s rental market is on fire, but is that narrative slowly changing? For some time now, the rental narrative has been one as commonly told as that of low mortgage rates. Rents, spurred on by surging

Where, in the wide range of Chicagoland’s suburbs, are home sales the highest? Last week, we reported that after a disappointing January, home sales in the Chicagoland area bounced back in a major way in February, improving 3.7 percentage

Pending home sales are at their highest mark in nearly two years, and all because of one thing. Pending home sales in February rose to their highest mark since June 2013, according to the latest Pending Home Sales Index