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

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