Housing affordability has fallen nationwide in the last year; what of here in Chicago? Housing affordability in the Chicagoland housing market fell 8.7 percent in 2013, according to newly released data by the National Association of Realtors. From 2012

Chicago’s housing inventory blues have not improved much with the New Year. Chicagoland’s housing market has distinguished itself from other national markets in several ways the past few months; unfortunately, the area’s rapidly declining housing inventory has been one

Midwest Real Estate Data (MRED) started tracking agents’ mobile usage of its MRED app in March 2011. Every year, mobile use, according to MRED, proceeds in a bell curve; there is lower mobile use at the beginning of the

Chicagoland’s housing market continued to grow in confidence in January. Asking prices in the Chicagoland housing market increased 15.8 percent year-over-year in January, according to the latest Price Monitor from real estate website Trulia. That was the fourth strongest

Chicagoland’s housing market showed some definite positivity in 2013, according to CoreLogic. Home prices in the Chicagoland marketplace rose 12.5 percent in 2013, according to the latest CoreLogic Home Price Index. That was the fifth strongest yearly increase of

Last year proved a very positive one for residential new construction, according to the final Census Bureau numbers. Residential construction spending finished out 2013 at a very fine $352.6 billion, according to the final number crunching by the U.S.

When it comes to the housing market, Chicago remains a tale of two cities. It’s no mystery that when it comes to home sales, home prices and foreclosure rates, Chicago is very much a tale of two cities, but

Has Chicago’s housing market picked up any steam in the last year, or is it moving sideways? We’ve been reporting with marked regularity on how the nation’s housing market has slowed down, but is that trend consistent here in

Housing inventory is something we follow pretty closely, and realtor.com’s latest numbers suggest quite a bit about the current housing market. Oh housing inventory, how we love you. One of the major narratives of the housing recovery, it seems

Chicagoland put up strong residential construction numbers in December, though the market did take a step back from 2012. Residential construction in the Chicagoland area totaled $259 million in December, according to the latest number crunching over at McGraw

Chicagoland’s foreclosure inventory continues to improve, according to the latest research by CoreLogic. Chicago: Chicagoland’s foreclosure marketplace continued on the path to recovery at the end of 2013, according to CoreLogic’s latest National Foreclosure Report. In Dec. 2013, 3.6

Last year closed out on a sour note for pending home sales, according to NAR’s final tally. Dec. 2013 was a rough month for pending home sales, with the Pending Home Sales Index dropping 8.7 percent from November to

The number of “flipped” homes in Illinois increased by 38 percent in 2013 compared to the previous year, and by a whopping 309 percent from 2011. A total of 5,388 homes were flipped in Illinois – homes purchased and

Existing-home sales enjoyed a very healthy 2013, though it’s unlikely the market will repeat that performance in 2014. The housing market capped off a successful year in existing-home sales in December, with sales rising 1.0 percent from November to

The Census Bureau’s latest report on new home sales was a bit weak, but that does not mean that the sky is falling. We’ll get the bad news out of the way first: the sales of newly built single-family

November 2013 was a good month for home prices in Chicago, according to the latest Case-Shiller report Home prices in the Chicagoland housing market rose 11.0 percent year-over-year in Nov. 2013, the strongest yearly increase for the market since