Current Market Data

Days On Market Reach New Lows in Chicago

The market definitely wasn’t like this a year ago. Have the tables turned, and is Chicago’s market now a seller’s

Mortgage Delinquencies/Foreclosures Show Improvement in 2012

Every other day, it seems, more information trickles out showing that the real estate markets are on a slow, yet steady, path to recovery, and Lender Processing Services (LPS) has contributed to that trend with its latest data on

Asking Prices Increase 7.0 Percent in Trulia Price Monitor

Asking prices in February rose 7.0 percent in the Trulia Price Monitor, as the increasing demand in the U.S. housing market continued to push asking prices higher. From January to February, asking prices rose 1.4 percent, and prices are

Freddie Mac Reports First Annual Profit in Six Years

Well, it finally happened. After six years of jaw-dropping losses, many of them in the tens of billions of dollars, embattled GSE Freddie Mac has emerged victorious in 2012, riding the wave of the housing recovery and reporting its

Foreclosure Markets Show Improvement in RealtyTrac Report

The foreclosure markets showed definite signs of improvement in the RealtyTrac U.S. Foreclosure & Short Sales Report, which studied distressed property sales in 2012. Altogether, there were 947,995 distressed property sales in 2012, which is down 6 percent from 2011

Residential Construction Spending Flat in January

Residential construction spending was flat in January, though overall construction spending remained above where it was a year ago, according to the latest analysis from the U.S. Census Bureau of the Department of

HARP Refinancings Surged in 2012

The government’s Home Affordable Refinance Program, or HARP, started out as a terrific punchline. Though sincere in its aims, the program was saddled with overly restrictive requirements for the nation’s troubled borrowers, and very few were able to take

Freddie Mac Posts Record Multifamily Housing Business in 2012

Freddie Mac’s multifamily housing business increased dramatically in 2012, with the GSE posting its highest volume of multifamily housing business in its

Robert Shiller: Conan the Housing Contrarian

News regarding the housing market has been uniformly positive the last couple of weeks. New home sales in January hit their highest level since 2008. Negative equity is improving. Contract activity has been strong, and the mortgage markets continue

Will GSE Reform Actually Happen?

The Bipartisan Policy Center’s Housing Commission threw its hat into the GSE reform ring earlier this week, issuing a detailed report calling for a gradual, yet transformative, change to how the nation’s mortgage markets currently operate – and one

New Subscribe