National News
Aaron Lewis, the man accused of kidnapping and murdering Beverly Carter in 2014, has filed a motion to change his plea to not guilty, due to mental diseases or defect to a defense of general denial. Carter was a
Nearly 957,000 renters in the Chicagoland housing market struggle with the cost of housing, according to a new report from the Joint Center of Housing Studies at Harvard University. Titled “America’s Rental Housing,” the center’s report examined how low
The 2015 job market finished out the year on a high note The economy added 292,000 jobs in December, while the unemployment rate held steady at 5.0 percent, according to the latest report from the Bureau of Labor Statistics.
Some Americans think 2016 will offer more of the same for housing Earlier this week, we reported on a new realtor.com study, which featured a largely positive list of trends that will change heading into 2016. Trulia published their own survey of
“Green” and energy-efficient features remain important to homebuyers, though some options are more sought-after than others. That finding came courtesy of NAR’s 2015 Profile of Home Buyers and Sellers, and to parse through the results, we put together the
According to Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Jan. 1, 2016, mortgage applications decreased 27 percent from two weeks prior. Refinancing mortgage activity decreased to 55.4 percent of total applications, from 56.1 percent the previous
How will the 2016 housing market take shape? When all the statistics are tallied, 2015 will likely have been the best year for new home sales since 2007, which has raised expectations for 2016. Realtor.com has highlighted five housing trends
Pending home sales in November declined for the third time in four months as buyers continue to battle both rising home prices and limited homes available for sale, according to the National Association of Realtors. The Pending Home Sales
Chicago has the third most-affordable hot job market, according to a resource set up by Indeed and realtor.com. Fifty-nine percent of homes in Chicago were considered affordable. The sites set out to determine which major metro areas had both a
Millennial wages don’t go very far for homebuying Millennials’ difficulty with homeownership has been a major concern for local agents in recent years, with 31.5 percent of 18-to-34-year-olds living at home. But what about those who do buy homes? What can Millennials
Existing-home sales fell more than 10 percent in November, marking the slowest sales pace in 19 months and possibly serving as quantifiable proof of the effect TRID is having on the industry, according to National Association of Realtors Chief
Our real estate coverage in 2015 ran the gamut, from new construction, to lending, to the hottest markets in the Chicagoland area. Click through to see what stories were the most
Stagnant wages and high rents combine to push homeownership out of reach for thousands of Chicagoans Nearly 957,000 renters in the Chicagoland housing market struggle with the cost of housing, according to a new report from the Joint Center of
New home sales are shaping up for their best year since 2007 Sales of new single-family homes in November rose 4.3 percent from October and 9.1 percent from Nov. 2014 to a seasonally adjusted annual rate of 490,000, according
Housing is on a precipice of affordability, according to a new study The Joint Center for Housing Studies of Harvard University has offered some unflinching examinations of the nation’s housing market, particularly in terms of affordability and the growing
Data suggests the young adult homeownership rate is stabilizing After decades of decline, the 25-to-34-year-old homeownership rate has begun to level out, seeing no significant decline in 2014, according to Fannie Mae’s Housing Insights report. That trend, according to