Surveys of American consumers continue to point to renewed optimism in the housing market. Fannie Mae’s Home Purchase Sentiment Index approached an all-time high reading in March, gaining five points over February to reach 89.8. This was driven by

The coming spring season, when home sales usually take off, could be a great one for buyers as the stars align in their favor: Mortgage rates are low, inventory levels are higher and price growth has slowed. Already, home

The state of the U.S. housing market has shifted rapidly in the last few months, but are consumers keeping up? A new survey from the National Association of Realtors makes the case that low mortgage rates and increased inventory

Chicago lead the country in construction activity by two key measures last month, as the broader housing market showed signs of weakness. According to a new report by BuildFax, Chicago was one of just four metro areas that saw a significant increase

It’s well known that many Americans are delaying or opting out of homeownership. A new study by Country Financial points to what could be the biggest reason: Difficulty coming up with a down payment. Forty-six percent of millennials and

Only three months ago, the consensus among economists studying the U.S. housing market was that 2019 would be, at best, unimpressive. Given prevailing trends at the time, it looked as though rising interest rates would continue driving up the

The Chicagoland area had a slow January for home sales, but that may not be a bad thing for the market overall. Detached single-family home sales in the metro area took a 12.1 percent hit in January over a

Agents could be forgiven for feeling a little whiplash from the market predictions over the last quarter or so. First, economists warned them to brace for rocketing interest rates, but with recent remarks from the Federal Reserve, some are

Evidence of slower price appreciation, growing inventory and falling interest rates have boosted economists’ expectations for U.S. home sales at the beginning of 2019. However, these trends that should entice buyers haven’t yet made an impact when it comes

Changing tides in the national real estate market are leading to the most widespread inventory increases seen in at least five years. According to data collected by Zillow, for the first time since 2014, the U.S. housing market posted

Welcome to our annual Real Data issue, which highlights the agents and offices that dominated property sales in 2018 in Chicagoland, as well as those making waves in the smaller tracts of Cook, DuPage, Kane, Lake, McHenry and Will

One of the things that drives real estate is the search for the next booming neighborhood. While there’s no easy way to know for sure where the next popular spot will be, sometimes the answer lies hidden in plain

Only a few months ago, most economists, mortgage lenders and others who closely track the mortgage market assumed interest rates would continue rising through 2019, driving up the cost of home purchases. But several weeks into the new year,

In a year defined by rising home prices, sellers fared well in 2018, according to a new report from Attom Data Solutions. Based on its analysis of public sales records across metro areas with at least 200,000 residents, the

The residential property market continues to look better for prospective buyers as the trend of falling prices extends into the new construction segment. In the fourth quarter of 2018, according to data from Zillow, more than a quarter of

The most recent existing home sales report from the National Association of Realtors found sales volumes decline on both a monthly and annual basis in the final weeks of 2018. December home closings touched their lowest annual rate since