During the economic downturn, the real estate industry floundered and thousands lost their jobs. But improvements have been made, and the industry is healing, which means the money is returning. By 2016, more than two-thirds of residential real estate

National cash sales continued their descent in May, a new report released today from CoreLogic showed. For 29 months, all-cash buyers have been leaving the market, as marked by continual year-over-year decreases in market share. In May, cash sales

New development – especially in the single-family sector – has been very strong in 2015 Housing starts in 2015 are running at their highest level in eight years, according to the latest report from the U.S. Census Bureau. With 641,000 new housing starts so

The housing market has changed substantially in the last 40 years, and first-time homebuyers have changed with it Since the 1970s, the U.S. housing market has changed in numerous ways. The square footage of homes, for instance, has risen to all-time

Builder confidence in the market for newly built, single-family homes in August rose one point to a level of 61 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). That is the highest reading since November

Student debt remains the leading roadblock to Millennial homeownership Fifty-six percent of people between 18 and 29 have put off a major life event because of student loan debt, according to a survey released by Bankrate.com. That is higher than

Yesterday, CoreLogic released its June 2015 National Foreclosure Report, and the big reveal was foreclosures are still dropping – so not much of a surprise. For another month, national foreclosures fell, with inventory dropping 28.9 percent year-over-year from a

It is not unique that Chicago’s housing market has and is struggling in the wake of the recession. It is much the same story in many metros across the country – low wages that cannot match home prices, shallow

CoreLogic’s May distressed sales report shows lowest levels since 2007 CoreLogic recently released a new report detailing the state of the distressed sales market in the U.S. for May, and for another month, both real-estate owned (REO) and short

In first half of 2015, what Chicago neighborhoods have seen the most home sales? Last week, Chicago Agent reported on the top-selling suburban housing markets in the first half of 2015, and now, courtesy of the more exclusive data from Redfin,

Rising rents, new research shows, are not an incentive to buy a house Renters in the Chicagoland metro area are spending substantially more money on their monthly rent than is historically the case. That was the finding of a

New research shows home flipping remains very profitable in Chicagoland According to the 2015 U.S. Home Flipping Report by RealtyTrac, home flippers in the Chicagoland area receive the highest return on investment (ROI) in the nation. Among markets with at

RE/MAX recently released a report detailing large growth in the Chicagoland luxury market. Luxury home sales in the Chicagoland area rose 20 percent year-over-year in 2015’s second quarter, according to the new RE/MAX Luxury Report; with 737 sales, Q2

Technology has drastically improved the efficacy of searching for the right home. Prior to enlisting the services of an agent, buyers, who in all likelihood have a pre-established criterion for their ideal neighborhood and home, are scoping out concerns

What suburban housing markets saw the most home sales in 2015’s first half? Naperville and Aurora were by far the top-selling suburbs in the Chicagoland housing market in the first half of 2015, according to exclusive numbers Chicago Agent received from

Home sales are one thing, but where in Chicagoland’s suburbs is competition for housing most intense? Earlier this week, Chicago Agent reported that Naperville was the top-selling suburban housing market in June, leading the way in both the single-family and