Thanks to stagnant incomes, Millennials are still missing from the housing market Two million households headed by 25-to-34-year-olds are missing from the current housing market, according to new National Association of Homebuilders research. The NAHB arrived at that number

Fewer undocumented immigrants may lead to higher costs A decline in undocumented immigrants may be causing construction costs – and by proxy, home prices – to rise, according to the Zillow Home Price Expectations Survey. The survey asked 100

Even a record-breaking flood of new apartments may not be enough to offset rising rents A surge in apartment supply is expected in Chicago’s downtown neighborhoods over the next two years, as a record number of apartments are will be completed, according

An uncertain economy and low inventory are bringing out conservative tendencies in sellers Home sellers may dial back prices a bit due to concerns over the economy, the low inventory and buyers being more selective in their home purchases, according to a new Redfin

The latest jobs report shows some silver linings for employment Last week, the Labor Department released its monthly jobs report with mostly positive news: unemployment fell below 5 percent in January, suggesting that even with the weak global economy and decreasing confidence

Higher interest rates may not be that big of a threat to housing’s future, after all With interest rates seeing their first increase since 2008, there is concern that the hike will harm the housing market either through harming

More underemployed college graduates work in the office sector than service One of the common beliefs about the current job market is the underemployed college graduate being forced to work as a barista, or another form of unskilled labor for

Some Americans think 2016 will offer more of the same for housing Earlier this week, we reported on a new realtor.com study, which featured a largely positive list of trends that will change heading into 2016. Trulia published their own survey of

The ins and outs of buyer traffic around the holidays It has been long been considered common knowledge that the buying craze of Black Friday does not extend to real estate, thanks to a lack of large savings for homes

Green construction is growing faster than conventional construction. It currently provides 2.3 million jobs and $55 million in residential construction spending, which is expected to grow by $45 million by 2018. The homebuyers driving that growth are becoming increasingly eco-conscious, and the National Association of

Chicago is still budget-friendly for Millennials Although skyrocketing housing costs and limited space have kept Millennials from buying housing in popular metropolitan areas, Chicago’s housing market is still in the range of affordability for the average Millennial. Bloomberg L.P.,

Up until now, there has been very little information available about the LGBT community’s preferences in the real estate business. But for the first time, Better Homes and Gardens has released their LGBT Buyer and Seller Survey, which asked

Advances in technology have allowed people to search for real estate from the comfort of their home. They can review floor plans and photos, even use Google maps to get a feel for what might be their new neighborhood.

Chicago Agent magazine released the numbers and ranks the top 20 agents and brokerage offices in Chicagoland’s six counties in its Real Data online issue. Chicagoland’s top five residential real estate offices closed over $4,550,000,000 in 2014, showing an

We all know that our housing market has quite a bit of value behind it, but what’s the big number that it all adds up to? We’ll cut straight to the big number – $740 billion. That’s the cumulative

What obstacles remain in the homebuying process? Consumers have many expectations for the housing market in 2015, but they’re also operating under little allusion as to the obstacles that remain in place between them and their dream home. So