Foreclosure activity in the Windy City remains high, but it’s fallen by a dramatic amount from 2012. Foreclosure activity in the Chicagoland area was down a whopping 58 percent year-over-year in August according to the U.S. Foreclosure Market Report

Home seller incentives became quite common during the down years, but are they still common in 2013? During the months following the housing downturn in 2008, homebuyers found themselves in a interesting position – they were in charge. With

Though Chicagoland’s housing market has made notable strides in the last couple of years, the problem of negative equity lingers on. Though the Chicagoland housing market has made quite a bit of progress in the last year,  nearly a

According to a new study by HomeFinder.com, Winnetka is among the top suburban luxury housing markets in the nation. There’s one point for the North Shore! In its latest housing analysis, HomeFinder.com looked at suburban luxury housing markets, and

The NAHB’s Improving Markets Index has been closely tracking the housing recovery, and it put up some its best numbers yet in September. The National Association of Home Builder’s Improving Markets Index, one of the leading measures of the

The nation’s mortgage markets have improved dramatically in the last five years, but how many negative equity properties linger here in Chicagoland? More than eight million homeowners are own the verge of reaching positive equity, according to the U.S.

Residential housing construction put up some smashing numbers in July, according to new data from McGraw-Hill. Another month, another set of data confirming the apartment boom here in Chicago. According to new analysis out from McGraw-Hill (and cited by

The homeownership rate has been on a steady decline the last five years, but will that trend continue? The homeownership rate has decreased in the last five years, according to Census Bureau data, and as a result, renting has

Much has been written about how rising mortgage rates will impact the housing market, but now we have a glimpse at how they’re affecting consumers. The dramatic rise in mortgage rates has been the major story in housing this

The latest National Foreclosure Report from CoreLogic highlighted a number of positive developments in the nation’s mortgage markets. The nation’s mortgage markets continued to improve in July, according to the latest National Foreclosure Report from CoreLogic, with foreclosure inventory,

Asking Price growth appears to be slowing nationally, but that was hardly the case here in Chicago, according to new research from Trulia. Chicago’s for-sale market continued to outpace its rental market in August, according to the latest Price

The Hispanic population in the U.S. has grown by leaps and bounds, as has its importance on local housing markets; where are Hispanics most concentrated? Hispanics represent a growing part of the U.S. population, and are inarguably the hottest

Construction spending increased again in July, with residential construction leading the way. Construction spending in July continued its strong 2013 comeback, with overall construction activity rising 0.6 percent from June and 5.2 percent from July 2012 to a seasonally

The nation’s home prices continued to improve in July, with the latest Home Price Index from CoreLogic posting fantastic year-over-year numbers. Home prices continued their double-digit performance in the CoreLogic Home Price Index, rising 12.4 percent year-over-year in July. That

Quite a few Americans moved about in 2012, but what were the reasons behind their move? Last year, a hefty number of Americans moved to new residences – 35.5 million Americans, in fact, a 4 percent increase from 2011

Chicagoland’s new construction markets have improved quite dramatically in the last year, but where, specifically, have new home sales been the strongest? So far in 2013, Chicagoland’s new construction housing market has been putting up some smashing numbers. Not