Current Market Data
The Fed announced earlier today that it was ending its third round of Quantitative Easing, but what does it have to do with housing? The Federal Reserve announced earlier today it is officially ending its third round of Quantitative
Federal Reserve researchers attempt to explain the relationship, if any, between the growing burden of student debt and dwindling homeownership rates. Amongst a swirl of damaging factors, it’s difficult to pinpoint the primary drivers forcing down homeownership rates among
Pending home sales reached a milestone of sorts in September, but what does it mean for housing? Pending Home Sales increased in September by both monthly and yearly measures, with the yearly increase being the first in nearly a
Now it’s official – Chicago received a high-profile endorsement of its improving housing market from Freddie Mac Freddie Mac, a company focused on meeting the urgent liquidity needs of the U.S. residential mortgage market, lowering costs for borrowers and supporting
It was another positive month for home prices in the latest Case-Shiller Home prices in the Chicagoland metro area rose 0.4 percent from July to August and 2.9 percent from August 2013, according to the latest Case-Shiller Home Price
We hear about lending standards all the time, and new data from CoreLogic suggests that they’re still quite tight. Are lending standards too tight? That’s a question on the mind of many housing professionals and analysts, especially in light
While everyone else focuses on the headlines, here are seven below-the-hood details you should know about new home sales. Sales of newly built single-family homes in September were at a seasonally adjusted annual rate of 467,000, a 0.2 percent
In the last decade, student loan debt has become a major hindrance to young college graduates entering the home buying market. The saddling of debt is a struggle millions of Americans can relate to. And though, traditionally, household debt
NAR’s September existing-home sales reports marks a bounce back from August’s dip. In August, existing-home sales took a slight dip from their peak pace in July. However, after a month of decreased activity, sales again picked up, this time
There are many ways that homebuyers can go about locating their new residence, but how what are the most common methods among Illinois homebuyers? Last week, we reported that nationwide, the methods in which homebuyers find their dream residence
What neighborhoods in our fine city saw the most home sales in September? Last week, we reported on Chicagoland’s top-selling suburbs in September, and now – armed with more statistics from Redfin’s monthly Real-Time Housing Market Tracker – we’re back to report
What are the most common reasons for why sales do not close? From financing issues to disagreements over the final sale price, there are many possible reasons for why a sale did not close, so we decided to take a closer look via newly
Americans love being single, according to new Census Bureau data, and that trend will likely impact housing in noticeable ways. For the first time since the government began tracking such statistics in 1976, there are more single adults in
Fannie and Freddie are close to lowering their down payment requirements for borrowers. Fannie Mae and Freddie Mac, the government-sponsored entities (GSE) that guarantee the majority of the nation’s prime mortgages, are nearing an agreement that would lower their
It was the same old story for the Chicagoland housing market in September. Home sales in the nine-county Chicagoland area totaled 9,117 homes in September, falling 6.4 percent from Sept. 2013 and 12.1 percent from August, according to new
Today’s agent doesn’t look busy unless they’re multitasking. Unfortunately, that frantic lifestyle may be hurting their brains. A smartphone in one hand, tablet in the other, Bluetooth in the ear and a laptop in the car seat – the