What are the most troublesome obstacles faced by luxury homebuyers in today’s housing market? Earlier this week, we reported on a fascinating new study by realtor.com, which looked at what features today’s luxury homebuyers desire the most in a home.

The mortgage markets may have undergone a radical change since 2008, but some details may still surprise you. Last week, we reported a rather sobering statistic – according to record keeping by Ellie Mae, the average FICO score for

Residential construction has been making a tepid comeback in recent months; how did March play into that narrative? Let’s put it this way – March was both a wonderfully positive month and an awfully rough month for residential construction

It’s been a rough year so far for new construction, but March’s report from the Census Bureau offered some pleasant, unexpected surprises. Residential construction spending in March rose 0.8 percent from February to a seasonally adjusted annual rate of $369.8

Some new statistical work by the NAHB has brought some life to one of the more known truisms about homeownership. It’s one of those details about real estate that everybody knows – younger people tend to rent, while older

What do luxury homebuyers desire the most, when shopping for homes? The luxury homebuyer, as any real estate agent knows, is a unique breed of client, and their desires and requests during the homebuying process differ in many notable

We all know that housing inventory remains at record-low levels; why is that the case, though? The other day, we reported that housing inventory increased 4.7 percent in March to a 5.2-month supply. Though technically an increase, that represents

Home prices offered few surprises in the latest Case-Shiller report. Home prices in the Chicagoland area rose 10.8 percent year-over-year in February, according to the latest Case-Shiller Home Price Indices from Standard & Poor’s. Still, prices in the area

Distressed home sales were once the most visible characteristic of the housing market, but they’ve taken a much-desired back seat in recent months. Buried in NAR’s latest existing-home sales report was a precious nugget of housing news – in

It’s been a rough year for pending home sales, but March finally brought some good news to the beleaguered housing stat. Pending home sales reversed a longstanding trend of declines in March, posting their first increase in nine months, according

We keep hearing about how time on market continues to fall, but what do the averages tell us about how fast our market really is? Earlier this week, we reported that nationwide, time on market has fallen seven days

Fresh numbers dropped this week on the nation’s new construction markets, but there remain oddities and curiosities. The Census Bureau this week released fresh numbers on new single-family home sales, and it was a verifiable bloodbath. At a seasonally

We reported earlier on Chicago-wide housing numbers, but what of the suburbs? In March, home sales in the Chicagoland area declined 11.1 percent year-over-year, while low inventory continued to push median home price, which rose 12.9 percent. How did

As a long-term investment strategy, few consumers were willing to touch real estate during the downturn, but new research suggests that has changed. Back in 2011, few people wanted to touch real estate with a 20-foot pole – what

March was a very good month for price per square foot in our housing market, according to Movoto. Those signs of a housing recovery just became a bit brighter. According to the latest State of the Real Estate Market

While everyone fixates on the specific rate of existing-home sales, here were the similarly important findings in the report. By now, you’ve probably seen the headlines stemming from NAR’s latest existing-home sales report, namely that sales declined 0.2 percent