The nation’s shrinking housing inventory has begun affecting pending home sales, the National Association of Realtors has reported. Pending home sales stalled a bit in February, as the nation’s shrinking housing inventory offered homebuyers fewer and fewer choices. The

Though the sales of new single-family home sales faltered a bit month-to-month, they retained their strong yearly gains. After posting its strongest numbers in more than four years in January, sales of new single-family home sales faltered a bit in

A new study commissioned in part by the National Association of Realtors found that Chicago residences located near public transportation outperformed – by a wide margin – competing properties on the real estate market. A new study by the

The spring homebuying season is an integral time for real estate, and Freddie Mac is predicting 2013’s will be good news all around. The last couple months, there have been repeated signs of a housing recovery. From rising home

Nationwide home prices continued to recover in January, but how did our local housing market perform by comparison? Chicago home prices continued to lag behind most of the nation’s major housing markets in January according to the lastest Case-Shiller

The NAHB’s Improving Markets Index improved yet again in March, as more and more metropolitan areas join in on the recovery. The National Association of Home Builders’ (NAHB) Improving Markets Index expanded to 274 metropolitan markets in March, as more and

Negative equity remains a problem in the U.S. housing market, but as new research by CoreLogic shows, the situation is improving. Riding the wave of home-price increases, roughly 200,000 residential properties returned to a state of positive equity in

Surging demand for multifamily housing was arguably the top real estate story of 2012, and new data from the AIA suggests no slowing down in 2013. 2012 might as well have been the “Year of Multifamily Housing.” Bolstered by

The news was uniformly positive in NAR’s latest existing-sales report, with sales and prices rising but what about housing inventory? Existing-home sales rose 10.2 percent in February year-over-year, while median price was up 11.6 percent according to the latest report

Chicago’s housing market put up strong numbers in February, with home sales and home prices both showing encouraging trends. The Chicagoland real estate market continued its steady march to recovery in February, with the Illinois Association of Realtors (IAR)

Home prices may be rising at a rapid rate, but they’ve done little to minimize the financial appeal of homeownership, according to a new study from Trulia. Trulia released its Winter 2013 Rents vs. Buy Report earlier today, and

For the third straight month, builder confidence, as measured by the NAHB, has stalled; should we be worried about homebuilding in 2013? Builder confidence for the newly built, single-family home market waned yet again in March, with the National Association

The Census Bureau’s latest new construction stats for February were awash with positivity, with building permits, housing starts and completions all up. It’s that time of the month again, when the U.S. Census Bureau releases the latest stats on

Millennials represent the new frontier for homeownership, and a new survey from BHG offers some key insights in what kinds of homes they’ll be looking for. Millennials, the current wing of the U.S. population that is roughly composed of

Housing inventory has fallen at a precipitous rate, but could relief finally be approaching? New research from Zillow suggests it just might. There are currently two universally acknowledged truths about the U.S. housing market – one, that the market

In the wake of the housing crisis, some nasty myths regarding homeownership have been making the rounds, but they’re just that – myths. During the economic downturn, the concept of homeownership endured quite a bit of mudslinging from numerous