Trends

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The 4 Angles of Today’s New Home Sales Report

New home sales were down monthly and up yearly, but the story is so much deeper than that. #160457704 / gettyimages.com By now you’ve surely seen the headlines – though new home sales in July were up 12.3 percent

Chicago’s Top 10 Selling Neighborhoods

What neighborhoods in Chicago saw the most home sales in July? #169803608 / gettyimages.com Last week, we reported on the top-selling suburban housing markets in Chicagoland, and this week, we’re applying the same statistical razor to Chicago’s neighborhoods. Armed

The Secret Life of Existing-Home Sales

July’s existing-home sales data looked pretty positive, but scratching beneath the surface reveals a different perspective. #76038116 / gettyimages.com It all seems so nice – in July, existing-home sales rose 2.4 percent from June to a seasonally adjusted annual rate

Chicagoland’s Top 10 Selling Suburban Housing Markets

What suburban housing markets in Chicagoland saw the most home sales in July? #6042-001522 / gettyimages.com Yesterday, we reported that home sales in the Chicagoland area, including both the city proper and the surrounding suburbs, saw sales fall from

Builder Confidence Jumps to Highest Mark Since January

Despite numbers that would imply the contrary, homebuilder confidence continued to increase this month. #82355278 / gettyimages.com Builders were a mighty confident bunch this month, with the NAHB’s Housing Market Index, the industry’s leading measure of homebuilder confidence, rising

Existing-Home Sales Pace Hits Its Stride, Reaches 2014 Peak

NAR’s new existing home-sales report shows the sales pace quickening, inventory rising and distressed sales falling. #180585625 / gettyimages.com As summer temperatures hit their peak in July, so did existing-home sales, which, as the National Association of Realtors today

This is How Important Government Financing is For First-Time Homebuyers

Simply put, without government guarantees, the percentage of first-time homebuyers would be even smaller than it already is. #181215771 / gettyimages.com In June of this year, only 28 percent of existing-home sales went to first-time homebuyers, a historically low

IAR: Chicagoland’s July Housing Market a Familiar Sight

Stop us if you’ve heard this one before: sales were down and prices were up in the Chicagoland housing market. #479876685 / gettyimages.com The July housing market in Chicagoland offered yet another chapter to the 2014 storybook of falling sales

CoreLogic Reveals May Cash Sales Data

New CoreLogic report reveals another month of dwindling cash sales, but some states are maintaining high cash sales volumes. #3464-000089 / gettyimages.com Cash sales in the U.S. were down in May, according to a new report from CoreLogic. Falling

The Secret Reason Why Housing Hasn’t Fully Recovered Yet

New survey data has uncovered the secret reason for why housing has yet to fully recover – though admittedly, it’s a pretty straightforward explanation. #144553105 / gettyimages.com Interest rates remain at historic lows. Home price gains have moderated, and

Immigrants to Play Huge Role in Future Housing Market

Immigrants already play a large role in housing, but that role will only grow more pronounced in the coming years. #118977667 / gettyimages.com Here’s an eye-opening stat for you – from 2010 to 2020, immigrants in the U.S. will

Housing Starts, Driven by Multifamily Sector, Exceed Expectations in July

With a strong multifamily sector driving activity, housing construction put up some fantastic numbers in July. #162749020 / gettyimages.com The homebuilding sector exceeded expectations in July, with housing starts soaring to a seasonally adjusted annual rate of 1.093 million, according

Million-Dollar Loans Surge to Highest Level Ever in 2014

We’ve been reporting for some time that housing is being largely driven by higher-income consumers (while first-time homebuyer numbers stall), but new stats on mortgages in 2014 really drive that trend home. Check out our infographic below for some

The 5 Reasons that Millennials are Still Living with Their Parents

Millennials are poised to be the next big source of housing demand, but far too many of them are still grounded in their parent’s homes; why is that? Using new survey data from Fannie Mae, we’ve put together the

Improving Personal Finances Help Encourage Positive Housing Outlook

Improvements to the housing market have been pushing the nation towards recovery, but a new survey says some consumers remain wary. #186817598 / gettyimages.com While housing, in many parts of the country, has seen a steady stream of improvements

Rentals Still Eating Condos’ Lunch in Chicago Marketplace

The condo market is showing signs of rebirth, but Chicago new construction still leans heavily for rentals. Though the condo market is making a slow and steady recovery here in Chicago, it still has some ways to go before

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