Infographics

The Top 10 Features that Upscale Buyers Want in Their Homes

Upscale buyers are a different breed of consumer, and their desires for their residences are outside the beaten path, as a new NAHB survey uncovered. What do the affluent want? That’s the question at the center of a very

What Will Homebuyers Compromise on in 2013?

Compromise is an inevitable component of the homebuying process…or is it? A new NAR survey has tracked what homebuyers do – and do not – compromise on. News flash: the homebuying process can be a darned frustrating experience. You

Chicago Lags Behind Nation in Latest FNC Residential Price Index

May was a tough month for home prices in Chicago, with the Windy City lagging behind the rest of nation on both monthly and yearly measures. May was a good month nationally but a tough month locally for home

Builder Confidence Soars in July to Highest Mark in 7 Years

July was a mighty good month for homebuilders, if the latest Housing Market Index from the National Association of Home Builders is any indicator. Builder confidence for newly built, single-family home market hit its highest mark in more than

RealtyTrac: Foreclosures at Lowest Level Since 2005

Foreclosure starts were down by a hefty amount in June, according to the Midyear 2013 U.S. Foreclosure Market Report from RealtyTrac. Foreclosures in the U.S. were down to their lowest level since 2005 in June, falling 21 percent from

What are the Preferences of the Most Active Foreign Homebuyers?

Homebuyers from Canada, China, Mexico, India and the UK make up 53 percent of all foreign home purchases in the U.S. What do they look for in homes? Foreign homebuyers accounted for $68.2 billion in home purchases from March

CoreLogic: Foreclosure Inventory Down 29 Percent in May

CoreLogic’s National Foreclosure Report for May offered another dose of positivity for housing, with foreclosure inventory down by nearly a third. The U.S. foreclosure markets continued to improve in May, according to the latest National Foreclosure Report from CoreLogic.

70 Percent of U.S. Metros Featured on NAHB’s Improving Markets Index

More than 70 percent of metro areas in the U.S. are now a proud part of the NAHB’s Improving Markets Index, according to the association’s latest tally. A total of 255 metropolitan areas were featured in the July Improving

What are the Busiest Housing Markets in the U.S.?

Redfin’s Real-Time Fastest Markets Report offers an interesting glimpse at what housing markets are seeing the most activity. Is Chicago among them? Housing demand lessened somewhat nationwide in May, according to the latest Real-Time Fastest Markets Report from Redfin,

May Home Prices Rise 12.2 Percent in CoreLogic Home Price Index

May was yet another month of double-digit home price increases, according to the latest Home Price Index from CoreLogic. Home prices in the CoreLogic Home Price Index (HPI) increased 12.2 percent year-over-year in May, the largest such increase since

Is the U.S. Mortgage Marketplace Improving?

It’s been a wild ride for the U.S. mortgage marketplace in recent years, but things are on the mend according to the latest report from LPS. To say the least, the post-housing boom marketplace has been an eventful one

Are Chicago Home Prices Outpacing the Suburbs?

Housing prices have been uniformly increasing the last year, but a new Trulia study finds that city markets have the edge on their suburban competitors. City or suburbs? It’s one of the prevailing questions in real estate today, whether

And the Nation’s Top 10 New Construction Markets Are…

No industry was more affected by the housing slump than construction, but 10 markets in the U.S. have robust construction markets; is Chicago one of them? Though nearly every industry in the U.S. was impacted by the economic downturn,

How Many Foreign Homebuyers are Searching for Chicago Properties?

International homebuyers represent a huge opportunity for real estate agents today, though some cities appeal to foreigners more than others. It’s no mystery that foreign homebuyers make up a hefty chunk of business for many real estate professionals today.

Has Housing Inventory Gone Up or Down in Chicago in 2013?

Housing inventory seems to be picking up on the national stage, but what about specific metro areas, like our beloved Chicago? The nation’s housing inventory has been one of the most hotly followed aspects of the housing market in

Young Americans Interested in Homebuying, Men More Likely Than Women

The latest Mortgage Marvel survey revealed that young Americans are interested in homebuying this year, and men are more likely to show interest than women. Even though mortgage rates increasing, it is not stopping young Americans from expressing an

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