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The Chicago homebuilding environment used to be a locally competitive one, made up primarily of local, privately-held companies. That was then, however. Now, as the housing market recovers from its worst downturn since the Great Depression, the Chicago homebuilding
There was much to like in last week’s existing-home sales report from the National Association of Realtors. Existing-home sales were up 9.1 percent from last year, median existing-home price was up 12.3 percent yearly, and most encouraging of all, distressed
The mortgage markets showed considerable signs of healing in the Mortgage Bankers Association’s latest National Delinquency Survey, a wide-ranging measure of the U.S. residential mortgage markets. Among the survey’s many highlights were the national delinquency rate, which at 7.09
A new survey from Lending Tree of more than 1,000 homeowners found consumer confidence on the housing market continues to improve, with sentiments towards buying, selling, financing and the overall concept of homeownership now at very encouraging levels. Doug