What new home features are consumers desiring the most in 2014? And which ones do they consider essential? We all know how many variables go into a new home, and we all know that every consumer is unique in

February was a stable month for construction, according to the latest analysis by the U.S. Census Bureau. Construction spending in February held steady at a seasonally adjusted annual rate of $945.7 billion, according to the latest numbers from the U.S.

Home prices continued their ascent in February, according to the latest index from CoreLogic. Home prices in the Chicagoland area increased 11.8 percent year-over-year in February, according to the latest Home Price Index from CoreLogic. Though encouraging, that yearly

It’s taken some time, but it appears that we’re finally making headway through the nation’s nasty mortgage markets. Delinquent mortgages and foreclosures were undoubtedly the most public face of the housing crisis, but new research suggests that significant progress

$1 million is a great deal of money…or is it? How much does $1 million really buy you in today’s real estate markets? How much housing does $1 million really buy you? That was the question behind a recent

Housing inventory has been a most blue of topics for our local market, but have things finally turned around? We keep hearing reports that the nation’s housing inventory has turned the corner, but how true is that in our

Could we see a resurrection of the popular Mortgage Forgiveness Debt Relief Act, via Congressional action? When the Mortgage Forgiveness Debt Relief Act expired at the start of 2014, it ended one of the most popular Great Recession-era government programs. A

The housing market continued to slow in February, according to NAR’s latest report. Pending home sales fell for the eight straight month in February, according to the latest numbers from the National Association of Realtors. The Pending Home Sales

We keep hearing about the nation’s residential construction market, but what about our local market? The nation’s residential construction market has been receiving (justly, we should add) quite a bit of attention from analysts and housing professionals alike, and

Everyone is reporting on February’s new home sales numbers, but what broader trends do the numbers reveal? You’ve surely seen the headlines by now: the sales of newly built single-family homes in February fell 3.3 percent from January, and

It was a contradictory month for home prices in the Chicagoland area, according to the latest Case-Shiller. January was a most contradictory month for home prices in the Chicagoland area, according to the latest Case-Shiller Home Price Indices from

Existing-home sales continue to level out in February, according to the latest analysis by NAR. Existing-home sales continue to soften in February, falling 0.4 percent from January to February and 7.1 percent from Feb. 2013, according to the latest

What are the most important trends and details about Generation X, as it pertains to the housing market? For our second story on NAR’s Home Buyer and Seller Generational Trends report, we’re looking at the one generation that is rated

Where was the real estate action taking place in Chicagoland’s suburbs in February? We all saw the headlines, and they weren’t pretty: with the winter weather in full force, home sales in the Chicagoland region were down 8.2 percent

Winter was none too kind to Chicagoland in February, with his cold gusts and snowfall harming the area’s housing market. The bitter winter weather was unkind to home sales in the nine-county Chicagoland area, which fell 8.2 percent year-over-year

Economic inequality is surging just about everywhere; how could that impact the local housing market? Income inequality has become a major news item in recent months, and for good reason – by almost every economic measure, inequality has increased