Many buyers want their homes to be outfitted with smart technology, but most homes don’t have it, according to a consumer survey from The Demand Institute. It’s an opportunity for sellers. Seventy-three percent of consumers agreed that having home automation

Mortgage activity in the Chicagoland area is growing strongly in 2016, according to ATTOM Data Solutions’ Q2 2016 U.S. Residential Property Loan Origination Report. Based on analysis of publicly recorded mortgages and deeds of trust from more than 950 counties, ATTOM’s report found

Not every real estate agent wants to retire an independent contractor, and not every homebuyer wants to live in a city that doesn’t foster entrepreneurs. Those things are easy to avoid in Chicago, ranked in the top 30 of

July marked the second highest reading in over a decade for pending home sales, with the Midwest being the only area to see a decline in contract activity during the month. The Pending home Sales Index (PHSI), which tracks the

A month after boasting the strongest home price growth in the nation, the Chicagoland housing market continued its strong pace in the most recent Case-Shiller Home Price Indices, which covered home prices through June. Per S&P’s computations, home prices

There aren’t enough homes, and that’s a problem in multiple markets. But it might not be for too much longer. “As most real estate professionals know, housing costs are still climbing,” National Association of Realtors Chief Economist Lawrence Yun wrote

McMansions – the mass-produced, over-the-top, poorly appreciating eyesores that became the poster children of the housing bubble – seemed to be on the way out. Average and median home size had fallen considerably during the market downturn, as builders

See our chart below for the top-selling Chicago neighborhoods in July, according to research from Redfin. To adjust between total home sales and the single-family/condo markets, click on the tabs. Total Home Sales Single-Family Home Sales Condo/Townhome Sales Neighborhood Total

The Community High School District 218 in Blue Island is the most improved school district in Chicagoland, according to a new analysis from Trulia. In a partnership with SchoolDigger.com, Trulia analyzed test scores from the past five years to find which

The Chicagoland new construction market continued its sterling 2016 performance in July, according to new numbers from Dodge Data & Analytics. In July, Chicagoland saw more than $897 million in total residential construction spending, a whopping 133 percent increase over

See our chart below for the top-selling suburban housing markets in Chicagoland in July, according to research from Redfin. To adjust between total home sales and the single-family/condo markets, click on the tabs. Total Home Sales Single-Family Home Sales

Home sales in the nine-county Chicagoland area in July declined 7.3 percent year-over-year, according to new numbers out today from the Illinois Association of Realtors. Median price, meanwhile, continued to rise, closing out the month up 5.8 percent to $238,000. Geoffrey

Multigenerational households – those that include two or more adult generations, or grandparent and grandchildren – are at an all-time high in the U.S., according to a new Pew Research Center analysis. Based on census data through 2014, Pew

In June, the nation’s housing inventory fell. It’s now at a 4.6-months supply. It’s a trend defining several metropolitan markets throughout the country. A report from John Burns Real Estate Consulting recently explained, at least in part, what may

From plummeting sales to skyrocketing levels of negative equity, the housing crisis affected Chicagoland’s market in a number of ways, but how did the metro area’s homeownership rate fair amidst all that upheaval? To find out, we consulted new research

Average closing costs in Illinois are among the lowest in the nation, a new report from Bankrate confirmed. The implementation of TRID, and its new closing disclosure form, has helped reduce confusion around what closing costs actually entail. But