Chicago continues to make progress with its foreclosure markets, according to new analysis by RealtyTrac. In December, foreclosure filings in Chicago were down 20 percent year-over-year, though they were up 22 percent from November, according to the latest numbers

The year of 2013 was a promising one for new residential construction, though there remains considerable room for improvement. We’ll start with the good news: housing starts in the U.S. were up 18.3 percent year-over-year in 2013 and building

Homebuilder confidence declined a smidgen in January, though it remained in positive territory. Builder confidence for the newly built, single-family home market declined a single point from 57 to 56 in January, according to the latest Housing Market Index

The costs and prices of newly built single-family homes are hardly static, the data shows. Last week, we reported that a newly built single-family home in 2013 cost $399,532 to homebuyers, and we looked at the seven components of

Housing inventory in Chicagoland continued it’s descent, according to the latest analysis. Though housing inventory remains low by historical standards, 2013 was the turning point, the year that inventory bottomed and housing marched forward into positive territory. At least,

Real estate agents may sell housing for a living, but how many of them are actually homeowners in their own right? Real estate agents argue on a daily basis for the merits of homeownership, but how many of those

We all know that home prices are on the rise, but what about property values and price per square foot? Earlier this week, we reported rather optimistically on home prices, and for good reason – according to the latest

All-cash sales have become increasingly prevalent in the post-boom marketplace, but how common are they here in our metro area? All-cash financing has become one of the most notable developments of the post-boom housing markets, with homes being purchased

The nation’s foreclosure marketplace continued to improve, according to the latest analysis from CoreLogic. Chicagoland continues to make progress with its foreclosure marketplace, according to the latest National Foreclosure Report from CoreLogic. Covering housing data through Nov. 2013, CoreLogic’s

Chicago capped off an encouraging year of real estate in 2013 with Trulia’s latest Price and Rent Monitors. Asking prices in Chicago ended 2013 on a high note, according to the latest Price Monitor from real estate website Trulia,

The rental markets have been surging in recent years, but did that stellar performance continue into 2013’s fourth quarter? Reis Senior Economist Ryan Severino put it best in comments accompanying the firm’s Q4 2013 Trends report for the nation’s

We all know that many things go into building a home, but how much do they actually contribute to the home’s listing price? Profit. Land. Construction. Commission. Oh yes, we’re talking single-family home construction. The National Association of Home

November was a very encouraging month for Chicago real estate, according to the latest analysis from CoreLogic. Home prices in Chicagoland posted their strongest numbers in some time in November, according to the latest Home Price Index from research

What were the busiest residential construction markets in November? We analyze the latest data to find out. Residential construction in Chicago continued its forward momentum in November, rising 13 percent to a very encouraging $337 million, according to the

Pending home sales stabilized in November, but what does that tell us about the broader housing market? Pending home sales in November inched up 0.2 percent from October, according to the latest Pending Home Sales Index from the National

Existing-home sales have been a bit weak the last couple of months; what are the reasons behind the decline? November was a rough month for existing-home sales. Not only were sales down 4.3 percent from October to November, but