In case you were wondering, our housing market continues to get less affordable, not more. In the last year and a half, housing affordability in America has dramatically fallen, and our local metro is no exception. We recently reported that NAR’s Housing

The messages for housing were mixed in the BLS’ new report on the jobs market. The Bureau of Labor Statistics released the October jobs report earlier today, and it’s a doozy, with a multitude of numbers on the nation’s

With our first story in our “NAR Profile” series, we take a look at important homebuyer trends of the last year. Every year, Christmas comes several weeks early for housing analysts in the form of NAR’s “Profile of Home

How has new construction shifted in recent years to a more affluent, wealthy clientele? See our analysis below to find out: Create

In a city-wide examination of the relationship between median monthly rent price asked (MMRA) and proximity to a CTA station for selected neighborhoods in the Chicago metro area, RentHop found that at both the city-wide and neighborhood level MMRA

Though prices have shown signs of a slowdown at 2014 draws to a close, they’ve remained in positive territory. Though asking prices nationwide have shown some signs of a slowdown, they remained in confidently positive territory through October, according

Sellers are ignoring market realities for the hope of more money. In 2014, the real estate market has been an incubator, slowly coaxing the ailing industry back into full health. However, despite the considerable gains, especially to home prices

The market share for first-time homebuyers just keeps falling; what could be behind the fall? First-time homebuyers in 2014 have made up just 33 percent of primary residence purchases, according to new numbers out this week from the National

Home prices continue climbing towards a healthy balance, but leave luxury properties behind. As has been the trend all year, home prices continued rising in September, according to a new report from CoreLogic. However, despite gains, the rapidity of

There have been many encouraging developments for the housing market, but we’ve uncovered the most encouraging nugget yet. There were many stats provided in NAR’s latest existing-home sales report, many of which were positive for the housing market  (see

When put in the proper context, residential construction has made considerable progress in recent years. The Census Bureau’s latest report on construction spending came out earlier today, and it represented what appeared to be more of the same –

A third quarter report released by mortgage company Guaranteed Rate shows rising home prices and a newfound confidence in mortgage financing. Late last week, national mortgage giant Guaranteed Rate released its third quarter mortgage trends snapshot, detailing the current

Millennials will be a major force in future housing markets, but they’ll also bring with them considerable changes. Stop us if you’ve heard this one before – Millennials are the next big source of housing demand, the generation that

Some measures of the U.S. home construction market suggest things have radically improved, but does the data support that? The Housing Market Index, the chief measure of homebuilder confidence for the single-family home construction marketplace, fell five points in

New data from CoreLogic drives home just how much progress our housing markets have made in clearing out their foreclosure inventory. The last 12 months have been highly encouraging ones for Chicagoland’s housing market, according to the latest Foreclosure

Investor interest is a major contributing factor to the success of a real estate market. How is your city doing? Despite its slow start, 2014 has turned into a year of growth and relative prosperity, considering the turmoil that