Current Market Data
Apartment markets improved nationwide, according to a recent NMHC survey. All four indexes of the survey were above 50, indicating improving conditions. Apartment markets have improved across the nation, according to the National Multi Housing Council’s (NMHC) April Quarterly
The real estate markets in Chicagoland were nothing but positive in March, posting their strongest numbers in five years. Home sales in the nine-county Chicago Primary Metropolitan Statistical Area rose 18.1 percent year-over-year in March, totaling 7,914, while the median
NAR’s latest survey found that existing-home sales decreased in March due to limited inventory, which continued to pressure home prices. Existing-home sales decreased in March due to limited inventory, which continued to pressure home prices, according to the latest
A new study by Pfizer Canada has uncovered the true cost of smoking – its monetary damages to your real estate listings! Anti-smoking campaigns typically focus on the negative health effects of tobacco, but a new study by Pfizer
The mortgage markets have been on a bumpy ride the last five years; are the latest numbers from the Mortgage Bankers Association, though, a positive sign? Mortgage applications rose 4.8 percent last week to their highest level since May
Inevitably, there will be some aspect of one’s living arrangements to regret, but how do the regrets of owners and renters compare? It’s the most unfortunate of situations – a consumer spends the time researching a home purchase or
The agent/lender relationship is a darned important one, and a new survey highlights just how influential agents are in the creation of that relationship. The relationship between agent and lender is one of the more integral in real estate,
The construction industry put up some truly stratospheric numbers in March, with multifamily housing pushing starts to their highest level since 2008. Propelled by a surging multifamily housing sector, the construction industry put up its best housing numbers in
Homebuyers have been enjoying some of the highest levels of housing affordability in decades, but will rising interest rates compromise that? The housing downturn has affected quite a few players in the real estate scene, what with its falling
Why is builder confidence in the Housing Market Index faltering, despite prime market conditions for new construction? A new NAHB report explains. Housing inventory is the lowest it’s been since 2005, yet the demand for quality homes (preferably new
Millennials are widely expected to spearhead the housing recovery, and a new survey from PulteGroup has highlighted some of the demographic’s key attitudes towards housing. We’ve written quite a bit about millennials the last few months, and for good
It’s been a bumpy ride for the FHFA, figuring out its HARP program, but with refinancings now in full swing, it has decided to extend the program. In what is surely the most ironic housing development thus far in
Foreclosure filings fell 23 percent nationally in 2013’s first quarter, but the situation in many local markets offered a more nuanced portrait. Foreclosure filings nationwide declined in RealtyTrac’s latest U.S. Foreclosure Market Report, though unsurprisingly, the situation was a
New data from Experian on real estate Web traffic finds the previous kings of the Internet increasing their market share in 2013. The top real estate websites around have continued to increase their share of the Web traffic pie
Chicago’s luxury housing market went through a rough patch during the housing downturn, but things are definitely looking up for the Windy City’s high-end. Chicago’s luxury housing market underwent a steep decline during the economic downturn, but new analysis
Lending standards remain a definite thorn in the side of the housing recovery, but the latest quarterly survey from FICO/PRMIA offered glimmers of hope. Earlier in the year, CoreLogic completed a study of the nation’s mortgage markets, and it