The Chicago homebuilding environment used to be a locally competitive one, made up primarily of local, privately-held companies. That was then, however. Now, as the housing market recovers from its worst downturn since the Great Depression, the Chicago homebuilding

New home sales posted very encouraging numbers in January, rising 15.6 percent from December to January and 28.9 percent from January 2012, according to the latest analysis by the U.S. Census Bureau and the Department of Housing and Urban

Chicago home prices were down 0.7 percent in the December Case-Shiller Home Price Indices from Standard & Poor’s, as prices in Chicago continued to lag behind the rest of the

There was much to like in last week’s existing-home sales report from the National Association of Realtors. Existing-home sales were up 9.1 percent from last year, median existing-home price was up 12.3 percent yearly, and most encouraging of all, distressed

The multifamily housing market continued its strong performance in the American Institute of Architects’ (AIA) Architecture Billings Index, a leading economic indicator of future construction activity that is based on the billings from the nation’s architectural firms. For January, the

The mortgage markets showed considerable signs of healing in the Mortgage Bankers Association’s latest National Delinquency Survey, a wide-ranging measure of the U.S. residential mortgage markets. Among the survey’s many highlights were the national delinquency rate, which at 7.09

There are numerous brands in the real estate industry, all of which follow unique business models and offer their clients and agents different experiences in the homebuying and selling process; which of those brands, though, is the most recognizable

In what has become a recurring pattern for the housing market, existing-home sales inched up in January while housing inventory declined, according to the latest analysis from the National Association of Realtors (NAR). Nationally, existing-home sales were up 0.4

January was another strong month of real estate for the Chicagoland area, according to the Illinois Association of Realtors (IAR), with Chicagoland home sales rising 36.8 percent year-over-year. Though the area’s median price was only up 0.7 percent on

“Optimism” was somewhat of a taboo term during the darkest days of the housing downturn, with any encouraging reports on the housing market earning skeptic glances and caustic asides. Now, though, the situation is a little different. Housing starts,

An interesting thing has been happening in the housing market. Home prices, as we’ve reported on numerous occasions, have been rising steadily after bottoming in 2012’s first quarter, but a recent FNC report found a corresponding trend – discounts

January was another strong month of residential construction activity, according to the latest data from the Census Bureau, with building permits increasing 35.2 percent year-over-year. With a seasonally adjusted annual rate of 925,000, building permits also increased 1.8 percent

Foreclosure filings were down 28 percent year-over-year in January and 7 percent from December, according to the latest Foreclosure Market Report from research firm RealtyTrac. In addition, U.S. foreclosure starts hit a 79-month low, decreasing 11 percent from last month and decreasing

The real estate wing of the World Wide Web is an increasingly competitive slice of cyberspace, with some of the Internet’s most popular websites fighting for agents, brokers and, of course, Internet home shoppers. But of the many real

A new survey from Lending Tree of more than 1,000 homeowners found consumer confidence on the housing market continues to improve, with sentiments towards buying, selling, financing and the overall concept of homeownership now at very encouraging levels. Doug

She ruled in beauty o’er this heart of mine, A noble lady in a humble home, And now her time for heavenly bliss has come, ‘Tis I am mortal proved, and she divine. “Soleasi Nel Mio Cor” by Petrarch