Current Market Data
Housing rebound continues, says the National Association of Home Builders, but it depends on where you live.
Check out our handy outline of the latest numbers from the National Association of Realtors and the National Association of the Remodeling Industry on the cost and return on remodeling projects.
Overall, home values made their largest monthly climb in five years, which means homeowners and appraisers are more likely to agree on market price.
Going into a deal with the right information on the environment can both give you a competitive advantage and help you answer tough questions from concerned consumers.
While Fannie Mae’s index measuring consumer sentiment is lower than last month, the survey still clocked year-over-year gains.
They can be time consuming, painstaking endeavors, but in the end, homeowners who undergo home improvement projects – both interior and exterior – are glad they did so in the end. That’s according to a new report from the National Association of Realtors.
A new report shows home prices are up but not as much as they were a year ago, citing slower growth driving the millennial market.
Although all regions saw a boost in pending sales, the biggest increases were in the West, according to NAR’s index.
A 15-month run of decreasing year-over-year gains in U.S. home prices ended in July, according to the S&P CoreLogic Case-Shiller National Home Price Index. However, price growth in Chicago and other major cities was less robust than the national picture.
NAR reported positive numbers for existing home sales in August, but Chicagoland and the state didn’t record as good of a year, when looking at the most recent data.
Despite a sluggish market, RE/MAX’s latest housing report shows there are still deals to be had for luxury-level buyers and sellers with homes priced on the lower side of the spectrum.
Foreclosures are down, with a national mortgage delinquency rate at a 20-year low. However, there are some signs of early stage stress in a handful of states. Find out what the picture looks like in Chicago.
Learn why the National League of Cities put Chicago in this category, rather than a “high-opportunity” or “wealth-pocket city,” and what researchers think can be done to turn things around.
Over three-fourths of survey respondents reported that being a homeowner has “made them a better person,” with about the same proportion saying that they’ve taken up new hobbies since closing on a home, like gardening, grilling and interior design.
New national data on apartment construction shows activity slowing down in a lot of markets, including Chicago. But there are several bright spots that are showing exceptional building activity.
The CoreLogic Home Price Index for July shows a 3.6 percent rise over a year earlier. Prices rose or stayed the same in 48 states, and slipped year-over-year in only two states.