In September, foreclosure inventory continued its rapid decline, falling 24.3 percent since the same time last year, a new CoreLogic report found. As a testament to the market’s recovery – and a more total economic recovery – since the

Coldwell Banker released their 2015 Home Listing Report, which details the highest and lowest average price for four-bedroom, two-bathroom houses in markets across the United States. Illinois ranked as the 16th most expensive state on the list. Here are

First-time homebuyers continue to lose market share in today’s housing market First-time homebuyer share has dropped to its lowest level in 27 years, with just 32 percent of all existing-home sales going to first-time buyers in 2015. That was one

In our latest Real Data report, we’re setting our sights on October’s top closings Click on the tabs below to see the top single-family, condo and townhome closings in Chicagoland’s housing market in October: Single Family Condo Townhome Single Family

October was more of the same for the U.S. job market, but was it enough to sway Fed policy? The U.S. economy added 271,000 jobs in October and the unemployment rate held firm at 5.0 percent, according to the

According to the new Mortgage Applications Survey from the Mortgage Bankers Association, mortgage applications decreased 0.8 percent from the week prior. Refinancing activity decreased by 1 percent, while purchase mortgages rose by 20 percent. Refinancing comprised 59.5 percent of all

Chicagoland’s housing market may have improved, but most homeowners are not personally reaping the benefits. Home sales and prices may be showing strong improvement throughout Chicagoland, but that progress has not translated to greater returns for the area’s homeowners.

In September, single-family home prices, including distressed sales, jumped 6.4 percent year-over-year, according to CoreLogic. For more than a year, national home prices have followed a steady, upward trajectory toward long-term stability. CoreLogic Chief Economist Sam Khater described the last 15

What counties in Chicagoland are seeing the most new construction activity? Earlier this week, we reported that new construction in Chicagoland is at its highest level since 2008, with more than 6,000 housing starts in the 12-month period ending

Construction shows signs of life in Chicagoland, but lack of lots causes concern Construction is at the highest annual rate in Chicagoland since Q3 of 2008, according to a MetroStudy survey of the area’s construction markets in 2015 Q3.

There’s been a lot of political posturing as of late, with partisan pundits and presidential candidates butting heads over everything from tax strategies to affordable housing, but one issue that, surprisingly, has remained largely left out of the conversation is

The nation’s wealthiest 1.5 percent have a distinct set of features that they look for in a new home, according to a new Coldwell Banker Previews International and Ipsos Connect survey. The following features rated highly among luxury buyers:

Builder confidence in the market for newly constructed single-family homes is at its highest level since 2005 with the NAHB’s Housing Market Index (HMI) rising three points in October to a level of 64. David Crowe, the NAHB’s chief

Were the usual suspects on top in Chicagoland’s suburban markets? Sales of single-family detached homes in Chicago’s suburbs were up 7.8 percent year-to-date in September, according to the Mainstreet Organization of Realtors (MORe). That overall stat, though, masks considerable variability through

As 2015 draws to a close, how has residential construction activity in Chicagoland compared with the previous year? Residential construction spending in Chicagoland totaled $354 million in September, according to new Dodge Data & Analytics numbers. Although that is 2

Though we’ve moved past the golden years of flipping that followed the housing market’s collapse in 2007, as the market returns to a stable posture – consistent price increases included – the practice of flipping is regaining some of its