Nationwide, wage growth has lagged behind home prices; is that still true here in Chicago? Back in April, we reported some unsettling news – per analysis by RealtyTrac, wage growth in the Chicagoland area in 2013 and 2014 lagged far behind

CoreLogic released June cash sales data this week, which showed that cash continues to trickle out of the market. Nationally, cash sales made up 31.3 percent of total home sales in June, down from 33.9 percent the same time

Despite more Millennials entering the market, baby boomers still lead Baby boomers made up the majority of new households formed in the beginning of 2015, according to a report released by the National Association of Realtors. The report, which

Green construction is growing faster than conventional construction. It currently provides 2.3 million jobs and $55 million in residential construction spending, which is expected to grow by $45 million by 2018. The homebuyers driving that growth are becoming increasingly eco-conscious, and the National Association of

Did the latest Case-Shiller present more of the same for housing? Home prices in the Chicagoland area were up 0.9 percent from June to July and 1.8 percent from July 2014, according to the latest Case-Shiller Home Price Index from Standard

What Chicagoland neighborhoods saw the most home sales in August? Home sales in the city of Chicago may have been up 6.3 percent in August, according to statistics from the Illinois Association of Realtors, but as with every month, those sales were spread out

The most popular home styles in the U.S. are ranch style, conventional, split level, colonial and traditional, according to a RealtyTrac study of 25 million homes. The least popular style homes are cottages, log homes, gambrel, garrison and tudor. Interestingly, those

New home sales were up in August, but is that a sign of a strengthening market? In August, new home sales rose 5.7 percent month-to-month and 21.6 percent year-over-year to a seasonally adjusted annual rate of 552,000, according to

An interest rate hike is not a concern to buyers Buyers are more concerned about affordability, competition and inventory than an interest rate hike, according to a Redfin survey of 3,577 buyers done in late July. Only 5 percent of the

What Chicagoland suburbs saw the most home sales in August? Home sales in suburban Chicago rose 4.3 percent in August, according to statistics from the Mainstreet Organization of Realtors. Of Chicagoland’s many municipalities, though, which ones saw the most

The Chicagoland housing market has the highest share of distressed sales in the nation, according to RealtyTrac’s August 2015 U.S. Sales Report. In August, distressed sales made up 16.4 percent of all sales in Chicagoland, compared with 8.9 percent nationwide.

For decades, white buyers have largely dictated the direction of the housing industry. That may soon change, though, as a recent survey from Better Homes and Gardens Real Estate and the National Association of Hispanic Real Estate Professionals found

One in four renters is severely rent burdened Based on current trends of rent gains outpacing incomes, the number of severely burdened renters could increase by up to 25 percent by 2025, according to a study published by the Joint

Illinois has the fifth least fair tax system in the country. That was one of the findings in WalletHub’s application of a nationally representative survey to rank which states had the most and least fair tax systems. The survey

As the summer homebuying season winds to a close, Chicagoland’s housing market cools its jets Home sales in the nine-county Chicagoland area totaled 10,854 in August, a 2.8 percent increase from a year ago, according to new numbers from

Market slows in an expected drop as summer comes to a close After three straight months of gains, existing-home sales dipped in August, despite slowing price growth and a positive turnaround in the share of sales to first-time buyers,