Less homes are being flipped, for less of a profit, and for those who do, the cost is the most expensive it’s been in nearly 10 years, according to a new report from ATTOM Data Solutions. Flipping trend on

As population demographics continue to change, so too does the fate — and face — of the average American homebuyer. Accounting for nearly 17 percent of the U.S. population, the typical homeowner is more likely than ever to be

Housing prices increased 7.7 percent in August, according to a recent report from Redfin. This new hike in costs represents the greatest uptick in year-over-year home prices since May 2015. Nationally, the median sale price rested at $293,000, indicating

A new study by HSH.com reveals what salary Americans must earn in order to afford a median-priced home in any given metro. For Chicago residents, the cost of homeownership rings in at $64,681.50 a year, an 8.44 percent increase overall from

According to the CoreLogic Home Price Index (HPI), home prices increased significantly both month-over-month and year-over-year in July. The study analyzed listing prices for a comprehensive set of single-family attached and detached homes in gathering its findings. Nationally, the average

Buying a home remains a goal for many Americans. However, the road to homeownership is rockier for some than for others. A new Apartment List report reveals that the rate of homeownership in the United States varies greatly by

A new study by Zillow reveals that rent growth continues to eclipse income growth for Chicago’s lowest-income residents. The report – which considered both multifamily rent prices and U.S. Census data – concluded that even the cheapest apartments in

Though the amount of construction in Chicago might seem abundant to its residents, the dollar amount spent on construction starts is actually on the decline throughout the city. A recent report by Dodge Data & Analytics reveals that total

It used to be that post-college, people strove for suburban living, where they could easily afford more space and vehicles, allowing them to be more mobile. But today, that age group is increasingly attracted to urban cores, thanks to

As with any major investment, there is much to worry about when it comes to purchasing a home. For many potential buyers, the road to ownership is often blocked by personal hazards such as growing student loan debt, limited

The Country Lakes neighborhood in Naperville is one of the top 10 Hottest Neighborhoods in the country, according to Redfin. The list is based on recent growth in home listing page views and favorites on Redfin.com. The median sales price

Dust off that gaudy chandelier and break out the lace: Victorian interiors are back in style, at least for some Americans. Though it may be surprising, a recent report from custom furniture brand Joybird reveals that Victorian-era designs are the most

Despite settling in Chicago, a recent Apartment List report suggests that many of the city’s renters aren’t so settled after all. The survey – which consists of nearly 24,000 metropolitan renters nationwide – reveals that nearly 80 percent of residents currently

Builder confidence led to a solid single-family housing market in July while overall housing starts decreased, according to new data from the U.S. Department of Housing and Urban Development and the Commerce Department. A similar report from the National Association

  Though the housing market may appear constantly abuzz with new buyers and sellers, an Experian survey has found that fewer and fewer Americans are interested in owning a home. In fact, 27 percent stated that they were not

As the housing market continues its rebound, trends among builders and buyers are evolving. A key finding from the recent 2017 Builder Practices Survey from Home Innovation shows that the market is seeing a move toward central price points. The