New research from RealtyTrac has found that Sept. 30 is the best day to buy a house in Chicago; according to the data, average buyers on that day see a 10 percent discount below estimated market value. That’s a week earlier than

In 2014, the share of new homes with 5,000-plus square feet rose to a post-recession peak of 3.75 percent of new homes started, or 24,000 units, according to the Census Bureau’s Survey of Construction. Back in 2006, the new construction boom

The “brain drain problem” is anything but a problem The Chicago-Naperville-Elgin area saw a 32.5 percent gain in people aged above 25 with bachelor’s degrees or higher, according to a new study by the Manhattan Institute. That is also

Foreclosures continued losing market share in July, as inventory declined 27.9 percent from the same time last year, with completed foreclosures dropping 24.4 percent, according to CoreLogic’s latest report. Foreclosure inventory represented 1.2 percent of all mortgaged homes in

Home prices were up again in July, according to a new report from CoreLogic. Year-over-year, home prices, including distressed sales, jumped 6.9 percent nationwide, while excluding distressed prices increased 6.7 percent. The price increases reflect an overall strengthening of

Feng shui, the ancient philosophy on harmonizing one’s home, plays a huge factor on whether many Chinese-Americans buy homes, according to a new survey from The Better Homes and Gardens Real Estate and the Asian Real Estate Association of America (AREAA).

This year is shaping up to be a positive one for new construction in Chicagoland. Residential construction spending in the Chicagoland area was down 11 percent year-over-year in July, but so far in 2015 is 28 percent ahead of where it

As 2015’s second half began, what Chicagoland suburbs saw the most home sales? Home sales in the suburban Chicago housing market rose 9.2 percent year-over-year in July, and pending sales were up 19.2 percent, according to the Mainstreet Organization

Average fixed mortgage rates in the U.S. have fallen to their lowest levels since May of this year amid substantial and ongoing global volatility out of China, according to Freddie Mac’s Primary Mortgage Market Survey. The average 30-year fixed rate mortgage dropped

New research reveals 2015 has been a banner year for Chicagoland real estate Home sales in the Chicagoland housing market hit an eight-year high in the first half of 2015, according to the July 2015 U.S. Home Sales Report from

Hispanics and other minorities primed to begin housing boom Minorities are projected to have higher homeownership rates than whites from 2020 to 2030, especially among Hispanics, according to a new Urban Institute study. Although white homeownership growth will be

The latest new home sales stats from the U.S. Census Bureau show many things are at work in the new construction marketplace According to the latest new construction report from the U.S. Census Bureau, new home sales in July

Home prices continue to rise nationally, but what about the local housing market? Home prices in the Chicagoland metro area rose 0.7 percent from May to June and 1.4 percent from June 2014, according to the new Case-Shiller Home Price

Courtesy of research from Tracy Cross & Associates and MetroStudy, we’ve assembled a number of charts and graphs on the Chicagoland new construction marketplace. Click on the links below for each piece of data: •Chicagoland’s Top Homebuilders in 2015,

Amidst Chicago’s competitive housing market, these 10 neighborhoods stand out In the city of Chicago’s housing market, the median days on market in July was just 19 days, and the average sale-to-list price was 96.8 percent. As competitive as

July was a very positive month for the Chicagoland housing market Home sales in the nine-county Chicago Primary Metropolitan Statistical Area totaled 12,834 in July, a 9.6 percent year-over-year increase, according to new numbers from the Illinois Association of