The news was uniformly positive in NAR’s latest existing-sales report, with sales and prices rising but what about housing inventory? Existing-home sales rose 10.2 percent in February year-over-year, while median price was up 11.6 percent according to the latest report

Chicago’s housing market put up strong numbers in February, with home sales and home prices both showing encouraging trends. The Chicagoland real estate market continued its steady march to recovery in February, with the Illinois Association of Realtors (IAR)

Home prices may be rising at a rapid rate, but they’ve done little to minimize the financial appeal of homeownership, according to a new study from Trulia. Trulia released its Winter 2013 Rents vs. Buy Report earlier today, and

For the third straight month, builder confidence, as measured by the NAHB, has stalled; should we be worried about homebuilding in 2013? Builder confidence for the newly built, single-family home market waned yet again in March, with the National Association

The Census Bureau’s latest new construction stats for February were awash with positivity, with building permits, housing starts and completions all up. It’s that time of the month again, when the U.S. Census Bureau releases the latest stats on

Millennials represent the new frontier for homeownership, and a new survey from BHG offers some key insights in what kinds of homes they’ll be looking for. Millennials, the current wing of the U.S. population that is roughly composed of

Housing inventory has fallen at a precipitous rate, but could relief finally be approaching? New research from Zillow suggests it just might. There are currently two universally acknowledged truths about the U.S. housing market – one, that the market

In the wake of the housing crisis, some nasty myths regarding homeownership have been making the rounds, but they’re just that – myths. During the economic downturn, the concept of homeownership endured quite a bit of mudslinging from numerous

RealtyTrac’s latest analysis of the U.S. foreclosure markets found many positive developments, though there still remains work to be done. The foreclosure markets continued their slow, steady improvement in the latest U.S. Foreclosure Market Report from RealtyTrac, though foreclosure

“Flash sales,” homes that sell in 24 hours or less, have taken serious hold in a select number of markets throughout the U.S. – Chicago among them! According to new research from Redfin, a most unusual phenomenon is currently

What do homebuyers really want? The answer, the NAHB discovered, depends in large part on what kind of home that buyers are looking for. The National Association of Home Builders (NAHB) recently conducted a consumer survey to find out

NAR’s 2013 Profile of Buyers’ Home Feature Preferences has detailed, with impressive specificity, what homebuyers want in their new homes. Understanding key real estate trends is important, and what amenities, preferences and features today’s homebuyers are pursuing in new

Though today, many housing markets are considered “affordable,” how does our fine city compare to the nation’s most affordable housing markets? Housing affordability is a major selling point for any housing market. After all, if you’re going to succeed

News for the housing market has been uniformly positive since the dawn of the New Year, and an ActiveRain survey finds that optimism has spread to agents. Real estate agents have been a strangely absent component when it comes

It’s no mystery that Chicago is taking a little bit longer to recover from the housing downturn than most cities, but five specific markets are doing just fine. The Chicago housing market in the last year has been somewhat of

You may think real estate in your market is pricey, but new research from Knight Frank finds that with one exception, the U.S. has got nothing on the international real estate scene. The real estate market in New York