Chicagoland foreclosures remain above national rates, but down significantly from 2013. In January 2013, Chicagoland foreclosure and 90-plus day delinquency rates were nearly double what they are today, confirmed CoreLogic in its latest report. Over the past 18 months,

Older Americans are carrying their housing debt later into life, and as a result, they’re struggling financially. A lot of attention has been given to student loan debt lately, particularly in regards to the impact it’s having on young

The term “bubble” gets thrown around often nowadays, but the data does not support such statements. The great housing bubble of 2001 to 2008 was a mammoth economic event, one that pulled the housing market through a verifiable roller

Though things are tough right now for Millennials, agents should definitely keep them on their immediate housing radar. It’s not easy being a Millennial. As we’re reported recently, the Millennial generation is still the home-bound generation, with many a

Home prices remained positive in the latest Case-Shiller, though they exhibited definite signs of easing. Home prices in the Chicagoland region were up 0.6 percent monthly and 4.0 percent year-over-year in Standard & Poor’s latest Case-Shiller Home Price Indices, with

The decline was not substantial, but pending contracts definitely slowed down in August. Pending home sales fell 1.0 percent in from July to August, and are down 2.2 percent from where they were in 2013. Those were the main

Of Chicagoland’s many neighborhoods, which ones saw the most home sales in August? Last week, we reported on the top-selling suburbs in the Chicagoland area in August, and courtesy once again of data from Redfin, we’re back with the

There has been undeniable progress in the mortgage markets, but the effects of the recession still linger. Earlier this week, the Federal Reserve released a bevy of mortgage data from 2013, and it came with a screaming good headline

American homeowners are finding that rising home prices are helping them reclaim some of the equity lost during the housing crisis, CoreLogic reports. The value of homes, since the bursting of the housing bubble in 2007, have been struggling

The recovery in housing is still heavily concentrated in higher price points, according to new NAR research. On the surface, it seems like just another report on housing – earlier this week, the National Association of Realtors reported that existing-home

New home sales rocketed to the moon in August, but such data should be taken with a grain of salt. Here’s some glorious news to brighten up your day – according to new Census Bureau numbers, the sales of

Of Chicagoland’s many distinguished suburbs, which ones saw the most home sales in August? Earlier this week, we reported that August was a rough month for home sales in Chicagoland, with transactions falling by 13.3 percent from the year

Some analysts have argued that the impact of student loans is overblown, but new research comes to a different conclusion. In the last 11 years, student debt in the U.S. has skyrocketed from $241 billion to $1.1 trillion, making

NAR’s August existing-home sales report reveals declines – the good kind. The second quarter of 2014 saw consecutive months of gains, and it looked like that trend was continuing into the third quarter. However, due to a increasing lack

Redfin examines where and how Millennials are living. As it turns out, young people love Chicago. Enclaves are a feature of almost every American city, and they happen for a variety of reasons. Most notably, of course, are cultural

We keep hearing how depressed single-family construction is and that we need more new homes, but is that really the case? In 2013, there were 618,000 single-family housing starts, and we’re currently operating at a rate of roughly 622,000