New data from CoreLogic drives home just how much progress our housing markets have made in clearing out their foreclosure inventory. The last 12 months have been highly encouraging ones for Chicagoland’s housing market, according to the latest Foreclosure

Pending home sales reached a milestone of sorts in September, but what does it mean for housing? Pending Home Sales increased in September by both monthly and yearly measures, with the yearly increase being the first in nearly a

We hear about lending standards all the time, and new data from CoreLogic suggests that they’re still quite tight. Are lending standards too tight? That’s a question on the mind of many housing professionals and analysts, especially in light

There are many ways that homebuyers can go about locating their new residence, but how what are the most common methods among Illinois homebuyers? Last week, we reported that nationwide, the methods in which homebuyers find their dream residence

What neighborhoods in our fine city saw the most home sales in September? Last week, we reported on Chicagoland’s top-selling suburbs in September, and now – armed with more statistics from Redfin’s monthly Real-Time Housing Market Tracker – we’re back to report

What are the most common reasons for why sales do not close? From financing issues to disagreements over the final sale price, there are many possible reasons for why a sale did not close, so we decided to take a closer look via newly

Americans love being single, according to new Census Bureau data, and that trend will likely impact housing in noticeable ways. For the first time since the government began tracking such statistics in 1976, there are more single adults in

What suburbs in Chicagoland generated the most home sales in September? It’s that time of the month again – time to find out what suburbs in the massive Chicagoland area generated the most home sales. This time around, we’re

When conditions are right, owning in our area is much more affordable than renting. Homeownership in the Chicagoland area remains 43 percent more affordable than renting through 2014’s third quarter, according to a new analysis by Trulia; that’s slightly

Women have always played an important role in real estate, and new numbers show their prominence has only grown. The number of women-owned firms in real estate has grown by 41.4 percent in the last 12 years according to

The nation’s distressed housing market has improved quite a bit in the last year, and that progress is also clear here in Illinois. Distressed home sales in the U.S. have fallen from 17 percent of all existing-home sales to just

Asking prices once again showed positive movement in September, according to new stats from Trulia. A strong condo market propelled Chicagoland’s housing market to another month of positive asking-price increases in September, according to the latest Price Monitor by

A new ranking of the nation’s top luxury housing markets places Chicago among some esteemed marketplaces. Our beloved Chicago is one of the top luxury housing markets in the country, according to a new report from Coldwell Banker Previews. Check

Our city’s rental markets have performed quite well in recent years, and 2014 seems to be no exception. The average rent in Chicagoland in 2014’s third quarter was $1,110, a 1 percent increase from the second quarter and a

How does the down payment in Chicagoland compare with other metro areas? According to analysis from LendingTree, the average down payment in Chicagoland is 16.28 percent of the mortgage, which comes out to $47,370. How does this compare with

Construction is the residential sphere is keeping pace in Chicagoland in 2014 According to the latest numbers from the Census Bureau, residential construction spending in August was at a seasonally adjusted annual rate of $351.7 billion, down 0.1 percent