You may think you understand housing affordability, but chances are you’re relying on limited measurements. How affordable is Chicagoland’s housing market? The answer to that question is more complicated than meets the eye, and it suggests some very interesting

What suburban markets in Chicagoland are seeing the greatest level of competition? Last week, we reported on the top-selling suburbs in Chicagoland, and how the Aurora, Naperville and Joliet markets were once again at the top. Those three communities, though, have

A new report from CoreLogic highlights improvements to the nation’s share of all cash sales. Unfortunately, it’s still high. It’s a new housing market in 2015. Policies are shifting, new legislation is being written, and in an eddying whirl

According to a new report from Site Selection, a corporate real estate magazine, businesses love Chicago. The magazine claims, in 2014, 385 companies either expanded their operations in or relocated to the Chicagoland area. This number earned Chicago the

Guaranteed Rate, one of the ten largest retail mortgage lenders in the U.S., recently introduced a new weekly video podcast called the “Mojo Minute.” The new video podcasts, designed to help real estate agents increase productivity, be more profitable

The nation is healing, and as a result foreclosure inventories are thinning out across the nation. How did our city do? Foreclosure numbers responded positively to a healing economy in January, dropping significantly, CoreLogic’s National Foreclosure Report revealed. Total

It’s over. The Chicago Association of Realtors, Ginger Downs (the CEO of CAR) and agent Andrea Geller announced last night that on the eve of the trial date, the association’s defamation lawsuit against Geller in September 2012 has been discontinued. In a

The City of Chicago and Elevate Energy are partnering with Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service (MLS), to bring the city the first-ever Chicago Energy eCompliance Brokerage Challenge. The Challenge will recognize brokerages in Chicago that

Zillow compares employment and income growth to determine the best markets to be in right now. How did our city do? The nuances discerning a good economy from a bad one are plenty and complicated, but for a brief

Metrostudy’s Q4 2014 survey of the 12-county Chicagoland region shows that including single-family detached homes, townhomes and duplex units, there were a total of 5,708 new units started in the 12-month period ending with Q4 2014, an increase of

Where, in our vast urban housing landscape, did agents sell the most homes? Earlier this week, we reported on the top-selling suburbs across Chicagoland, and now we’re back (armed with additional data from Redfin) to report on the city’s

Steve Spinell, president of Kinzie Real Estate Group, recently welcomed Andrew Kiener as the new director of project sales. A 20-year real estate veteran, Kiener previously served as president of Private Holding Group, as well as president of Garrison

Home prices went up in 2014, and for some metros, affordability did too. For most homebuyers, especially those entering the market for the very first time, affordability is chief among concerns leading up to a purchase. In an analysis of

Until the economy improves, housing will never fully recover – and the stats are not encouraging. Quite a bit of our reporting, in recent weeks, has focused on inequality and income disparity, and for good reason – a housing

Where in Chicagoland have new home sales risen the most? Last week, we reported on the rate of housing starts across Chicagoland’s counties; what has the environment looked like for new home sales, during that same time? To find

The new year is always a precarious time for the new construction marketplace. Residential construction spending in the Chicagoland area was just shy of $139 million in January, a 10 percent increase from Jan. 2014, according to new numbers