Sales in Chicagoland’s suburbs were positive in May, but what communities saw the most sales activity? Earlier this week, Chicago Agent reported that home sales in the Chicagoland area rose 7 percent year-over-year in May, with sales in the area’s

New home sales up quite a bit so far in 2015, but many market forces remain at work The good news continued for new construction in May, with new home sales rising 2.2 percent from April and 19.5 percent from May

May was a very good month for sellers in the Chicagoland area Home sales in the Chicagoland area were up 7 percent in May, while median sales price rose 7.2 percent, according to the latest analysis from the Illinois Association

Where in the 234 square miles of Chicago are the most competitive housing markets located? “It’s still a seller’s market in Chicago.” That was the conclusion of Nela Richardson, Redfin’s chief economist, in the brokerage’s latest Real-Time Housing Market Tracker,

Many wonder why renters are not buying homes at a higher rate, but when one analyzes the numbers, it makes perfect sense. First, there was the notable study from John Burns Real Estate Consulting, which found that only 14.7 percent

Chicago is still budget-friendly for Millennials Although skyrocketing housing costs and limited space have kept Millennials from buying housing in popular metropolitan areas, Chicago’s housing market is still in the range of affordability for the average Millennial. Bloomberg L.P.,

Brokers and their businesses face 10 big dangers – none of them easily solved The real estate industry is on a precipice, and how it falls from that point will determine its future. That was the central statement – if not

New construction up in 2015, rising on the shoulders of the multifamily sector Housing starts may have been down 11.1 percent from April to May in the Census Bureau’s latest report, but building permits were an entirely different story.

Single-person housing is becoming a long-term solution, even into older years One of the most pronounced trends since the 1940s is the rise of the single-person household. According to the U.S. Census Bureau, single-person households were the second most common household type

CoreLogic’s newest equity report finds rising home values have pushed 90 percent of homeowners into positive equity A new analysis from CoreLogic found that rapacious home price appreciation over the last year has had the well-received effect of dredging the

CoreLogic’s March cash sales report found cash purchases are falling dramatically all across the nation The pool of real estate cash is shrinking as all-cash buyers continue leaving the market, making way for more traditionally financed buyers, particularly first-time

In the last 10 years, the market share for multifamily construction has grown by an extraordinary amount In April, the most recent month for which we have data, multifamily construction soared 35.5 percent across the country from March. That was

Up until now, there has been very little information available about the LGBT community’s preferences in the real estate business. But for the first time, Better Homes and Gardens has released their LGBT Buyer and Seller Survey, which asked

Compiling data from CoreLogic, we review nearly a decade of distressed sales data CoreLogic released its distressed sales report for the month of March this week, and what the group revealed was nothing short of expected: REO and short sales

Latest housing survey from MacArthur Foundation finds many Americans skeptical of housing and the wider economy What a difference a year makes – or, in the case of the MacArthur Foundation’s “How Housing Matters” survey,  what a difference a

RealtyTrac’s Q2 Zombie Foreclosure Report shows macro progress and micro struggles Zombies are plaguing the nation, but no amount of shotgun shells and machetes are likely to help. Less likely to shuffle after a person’s brainy bits than they