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

We may complain about high housing costs in the U.S., but internationally speaking, we don’t have a leg to stand on. It’s a common complaint among consumers that their rent/mortgage payments are too high, but if they only knew

We’ve looked at how newly built homes are priced and how those prices have changed in recent years; now, we look at costs. The last couple weeks, we’ve looked at both how a single-family home is priced and how

2013 was a great year for real estate in Chicagoland, but what suburban marketplaces put up the best numbers? The year of 2013 was a great one for Chicagoland real estate, with home sales rising 23.0 percent and median

Foreign homebuyers have been one of the more interesting developments in U.S. real estate in recent years, especially here at home. Chicago was the ninth most popular real estate market for international homebuyers in Nov. 2013, according to analysis

How affordable is our city’s housing market, when we view the topic from a salary-centric perspective? With nationwide interest rates on the rise and home prices jumping aggressively in certain marketplaces, housing affordability has once again become a hot-button

Last year proved a very important one for Chicagoland real estate, according to end-of-year analysis by IAR. Home sales in the nine-county Chicagoland area rose 23.0 percent in 2013 over 2012 to a total of 111,427 sales, according to

Chicago continues to make progress with its foreclosure markets, according to new analysis by RealtyTrac. In December, foreclosure filings in Chicago were down 20 percent year-over-year, though they were up 22 percent from November, according to the latest numbers

The year of 2013 was a promising one for new residential construction, though there remains considerable room for improvement. We’ll start with the good news: housing starts in the U.S. were up 18.3 percent year-over-year in 2013 and building

Homebuilder confidence declined a smidgen in January, though it remained in positive territory. Builder confidence for the newly built, single-family home market declined a single point from 57 to 56 in January, according to the latest Housing Market Index

The costs and prices of newly built single-family homes are hardly static, the data shows. Last week, we reported that a newly built single-family home in 2013 cost $399,532 to homebuyers, and we looked at the seven components of