The Chicagoland housing market has made considerable strides in the last year, according to CoreLogic’s latest MarketPulse. Home foreclosures in the Chicagoland housing market are down 49.8 percent from their peak, according to the latest MarketPulse report from CoreLogic,

Though much of the media coverage is focusing on the weak nature of NAR’s latest existing-home sales report, there were definite glimmers of optimism. We’ll start with what most of the media are reporting on – existing-home sales in

Home purchases have skidded a bit in recent weeks, and student debt raises some troubling questions on where housing demand is heading. The numbers are in, and they’re not encouraging – housing demand is beginning to wane. According to

Home prices in Chicago continued to show improvement in December, according to the latest Case-Shiller indices. Chicago home prices rose 11.3 percent year-over-year in December, according to the latest Case-Shiller Home Price Indices from Standard & Poor’s; that’s the

What issues in the homebuilding process keep builders up at night? Last week, we reported that builder confidence dropped to its lowest point in 12 months in February, with lousy weather and market concerns the main reasons for the

“Housing inventory has bottomed.” “Housing inventory will recover.” “New homes will begin entering the marketplace.” We remember those headlines, too. All throughout 2013, analysts and reporters alike wrote that housing inventory had, after a long and perilous decline, bottomed

Though the wintry blasts of January seem to have done their worst to home sales, prices in the Chicagoland region maintained strong Home sales in the nine-county Chicagoland area chills a bit in January, falling 8.9 percent year-over-year to

The Census Bureau’s latest new construction report is not pretty, but as with all housing matters nowadays, there’s more than meets the eye. Here’s the information that you’ve likely seen, regarding the Census Bureau’s latest report on new construction

The city of Chicago put up some great numbers in 2013, but what neighborhoods performed best of all? Last year was a great one for real estate in Chicago. Not only did home sales in the city increase by

We keep hearing that housing inventory has no where to go but up…but what factors will actually cause it to increase? “Housing inventory has bottomed.” “Housing inventory will recover.” “New homes will begin entering the marketplace.” Yeah, we remember

Everybody and their uncle knows that Millennials will be integral to the housing recovery, but what do they actually want in a house? The Millennial generation, which encompasses Americans born between the early ’80s and early 2000s, is the

Builder confidence had been on a tear through 2013, but it seems to have hit a road block in 2014. Builder confidence fell precipitously in February, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

Has price per square foot continued its 2013 ascent in the New Year? Many things occurred in the housing market in 2013, but perhaps the most notable was the marked ascent in home prices and the price per square

Homebuilding in Chicagoland made major strides in 2013; what homebuilders were leading the charge? Chicagoland’s new-home marketplace made considerable strides in 2013. With 4,404 new home contracts signed, Chicagoland saw a 27.0 percent increase from 2012, according to analysis

With inventory low and showing no signs of improving, what can agents do to distinguish their clients? Chicago started out 2014 with another double-digit decline in housing inventory, and such low supply in a recovering housing market can only

Though new homes have seen, on average, very impressive sales increases since 2010, the specific gains have told a different story. We’ll start with the good news – after its worst years since record-keeping began in the ’60s, the