It’s been quite the quest, wading through the market’s low inventory, but could the market finally be changing course? #108126479 / gettyimages.com “Low inventory” has, arguably, been the most persistent meme in the housing recovery; indeed, it’s rare to

Foreclosure timelines in some states can take more than three years; is our fine state among such illustrious company? #167335661 / gettyimages.com We’ll cut straight to the chase – according to the latest Mortgage Monitor from Black Knight Financial

Raising a family in the city can be tough, which is why we’ve provided a list of the top five family-friendly neighborhoods in Chicago. #130901875 / gettyimages.com Every major city is, in large part, defined by the areas in

We all know that higher interest rates lead to larger mortgage payments, but the impacts differ substantially across the nation’s metro areas. #467982755 / gettyimages.com It’s one of the essential truisms in real estate – higher mortgage rates equal

Housing is still the biggest overall reason for moving in America, but what are the specifics behind those moves? #183748163 / gettyimages.com Nearly 36 million people moved in the United States between 2012 and 2013, and housing was the

Asking prices grew all over the nation in July, but they showed particular strength in our metro area. #470620827 / gettyimages.com Asking prices in the Chicago metropolitan area rose 12.9 percent year-over-year in July, according to the latest Price

Millennials are waiting longer and longer to move into homeownership, but do student loans mean getting approved for a loan is harder? #76529853 / gettyimages.com It’s no industry secret that Millennials are staying away from the homebuying process, in

We’ve been hearing for some time that there is a shortage of construction workers, but is there any truth to that? Answer: Oh yes! #143991371 / gettyimages.com There have been many memes in housing these past couple years, and

The residential mortgage marketplace is often made into a complicated beast, but we’ve got two charts that explain it easily. #90537529 / gettyimages.com The residential mortgage market is a massive, multi-trillion dollar behemoth, and as such, it can often

CoreLogic released home price increases for June, and most market appear to be well on their way to a full recovery. But not all. Home prices are continuing to rise in Illinois’s hottest real estate market, Atlanta, which bodes

Are lending standards starting to ease up? That seems to be the implication of new survey data from the Fed. #185239684 / gettyimages.com Nearly a full quarter of banks reporting eased lending standards in 2014’s second quarter in the

Residential construction is gaining ground in many metropolitan areas in the U.S. Unfortunately, not everyone did so well in June. McGraw-Hill released its June construction report this week, and the news confirmed more of what’s been taking place in Chicago recently: despite strong

Though the month-to-month data was flat, construction spending remained in positive territory in 2014. Construction spending in June maintained its strong growth from 2013, according to the latest report from the Census Bureau. Though overall construction spending was down

The supply of newly built single-family homes remains quite low; why is that? Last week, we reported on the lackluster new home sales report, which found that sales of newly built single-family homes fell by 8.1 percent from May

Almost seven years after the collapsing of the housing bubble, and CoreLogic says the nation is recovery swiftly – maybe too swiftly, in fact. On Thursday, CoreLogic released its June National Foreclosure report, which showed minimal but steady year-over-year

Media outlets the industry over are reporting on the Commerce Department latest homeownership report, but is the data reliable? The coverage was quite widespread – earlier this week, the Commerce Department reported that the homeownership rate in the U.S. hit