It’s a classic case of supply and demand: demand for homes, on account of record low interest rates, is extremely high, while housing inventory, on account of skittish sellers and underwater mortgages, remains low. The result? According to the

The negative equity situation continued to improve by wide margins in the U.S. housing market, according to CoreLogic’s latest research. The U.S. housing market’s equity situation continued to improve in 2013’s first quarter, with roughly 850,000 homes returning to

Things are looking up in the Windy City, with Chicago being added to the NAHB’s prestigious Improving Markets Index. The National Association of Homebuilders’ Improving Markets Index increased to 263 markets in June, and one of the newest cities

Sad as it may be, the perfect home does not exist – what features would your clients be most willing to give up? It would be nice if we lived in a perfect world. Money would grow on trees;

The U.S. foreclosure markets made impressive strides in April, with completed foreclosures and foreclosure inventory both showing progress. 1.1 million – that’s the number of homes in the U.S. that were in some stage of foreclosure in April 2013,

Rent prices grow as demand for Chicago suburban apartments gets stronger Rent prices in the Chicago suburban area are continuing to climb, due to a strong demand for apartments, according to Crain’s Chicago Business. Because of tight lending standards

Realtor Confidence has not only soared in 2013, but as of April, more than doubled from 2012. Home prices and home sales have been on the rise in 2013, and the latest analysis from the National Association of Realtors

The CoreLogic Home Price Index surprised analysts with a stronger-than-expected, 12.1 percent hike in April, with even better numbers expected for May. The CoreLogic Home Price Index exceeded expectations again in April, with home prices leaping 12.1 percent year-over-year

With demand high and supply low, homes are pending at an alarmingly quick rate nationwide; but what’s the scenario like in Chicago? It’s a classic case of supply and demand: demand for homes, on account of record low interest

We all know that the Internet is the preferred way for today’s consumers to shop for homes, but what features catch their eye the most with online listings? New flash! Consumers today really like shopping online, particularly when it comes

Memorial Day weekend officially starts today, and many people will be out vacationing; what vacationing communities, though, are the most popular? Memorial Day weekend is finally here, and numerous families will be taking advantage of the holiday to travel

The housing market cannot truly recover without a healthy mortgage market, but new research from LPS shines an optimistic light on the topic. Homes sales are up, inventory has stabilized, and by many accounts, new construction it putting up

What income is necessary to afford the typical house in Chicago? And how do those requirements compare with other major metro areas? “Housing affordability” is a term that gets thrown around quite a bit nowadays, and for good reason;

Is it still tough to get a mortgage? New numbers from the Federal Reserve offer an enlightening perspective on the issue. It’s the question on everyone’s mind, now that the housing market is on a slow, sustainable path to

We often hear about how beneficial home sales are for the greater economy, but NAR has finally done the research and slapped a value on the whole process. Housing, the narrative goes, is among the most versatile and dextrous

First-time homebuyers represent a hugely important swath of the homebuying public, and a new study has pinpointed some of their key characteristics. First-time homebuyers serve an integral role in the U.S. housing market. Along with comprising between 30 and