Now it’s official – Chicago received a high-profile endorsement of its improving housing market from Freddie Mac Freddie Mac, a company focused on meeting the urgent liquidity needs of the U.S. residential mortgage market, lowering costs for borrowers and supporting

It was another positive month for home prices in the latest Case-Shiller Home prices in the Chicagoland metro area rose 0.4 percent from July to August and 2.9 percent from August 2013, according to the latest Case-Shiller Home Price

We hear about lending standards all the time, and new data from CoreLogic suggests that they’re still quite tight. Are lending standards too tight? That’s a question on the mind of many housing professionals and analysts, especially in light

While everyone else focuses on the headlines, here are seven below-the-hood details you should know about new home sales. Sales of newly built single-family homes in September were at a seasonally adjusted annual rate of 467,000, a 0.2 percent

In the last decade, student loan debt has become a major hindrance to young college graduates entering the home buying market. The saddling of debt is a struggle millions of Americans can relate to. And though, traditionally, household debt

NAR’s September existing-home sales reports marks a bounce back from August’s dip. In August, existing-home sales took a slight dip from their peak pace in July. However, after a month of decreased activity, sales again picked up, this time

There are many ways that homebuyers can go about locating their new residence, but how what are the most common methods among Illinois homebuyers? Last week, we reported that nationwide, the methods in which homebuyers find their dream residence

What neighborhoods in our fine city saw the most home sales in September? Last week, we reported on Chicagoland’s top-selling suburbs in September, and now – armed with more statistics from Redfin’s monthly Real-Time Housing Market Tracker – we’re back to report

What are the most common reasons for why sales do not close? From financing issues to disagreements over the final sale price, there are many possible reasons for why a sale did not close, so we decided to take a closer look via newly

Americans love being single, according to new Census Bureau data, and that trend will likely impact housing in noticeable ways. For the first time since the government began tracking such statistics in 1976, there are more single adults in

Fannie and Freddie are close to lowering their down payment requirements for borrowers. Fannie Mae and Freddie Mac, the government-sponsored entities (GSE) that guarantee the majority of the nation’s prime mortgages, are nearing an agreement that would lower their

It was the same old story for the Chicagoland housing market in September. Home sales in the nine-county Chicagoland area totaled 9,117 homes in September, falling 6.4 percent from Sept. 2013 and 12.1 percent from August, according to new

Today’s agent doesn’t look busy unless they’re multitasking. Unfortunately, that frantic lifestyle may be hurting their brains. A smartphone in one hand, tablet in the other, Bluetooth in the ear and a laptop in the car seat – the

The new construction markets are in a very interesting place, a fact reinforced by the latest Census Bureau numbers. Housing starts in September were at a seasonally adjusted annual rate of 1.017 million, a 6.3 percent increase from August’s revised

What suburbs in Chicagoland generated the most home sales in September? It’s that time of the month again – time to find out what suburbs in the massive Chicagoland area generated the most home sales. This time around, we’re

The manner in which prospective homebuyers locate their new residences has changed quite a bit in just 10 years time. The year was 2004, and real estate agents and yard signs were the prevailing method for consumers to find