Spending per dollar of equity is at its lowest level since the mid ’90s. Home equity has doubled to $12.1 trillion since the market bottomed out in 2011. Builder confidence has remained strong, despite a small, recent slip. New home

According to the National Association of Realtors, pending home sales were mostly unchanged in October, but shifted marginally higher after two straight months of declines. Gains in the Northeast and West were offset by declines in the Midwest and

Effective Jan. 1, the Federal Reserve will not be allowed to bail out failing companies. Members of the Fed board voted 5 to 0 in favor of restricting the policy. The new policy will restrict the Fed from lending to individual firms,

New home sales are hot, but what are the larger market trends? Sales of new single-family houses rose 10.7 percent from September to October and 4.9 percent from Oct. 2014 to a seasonally adjusted annual rate of 495,000, according

How have home prices progressed in the 2015 housing market? Home prices in the Chicagoland housing market declined 0.4 percent from August to September and rose just 1.1 percent from Sept. 2014, according to the new Case-Shiller Home Price

The ins and outs of buyer traffic around the holidays It has been long been considered common knowledge that the buying craze of Black Friday does not extend to real estate, thanks to a lack of large savings for homes

According to Google Maps data, Chicago is one of the worst cities in the country for Thanksgiving travel. Out of 21 cities that Google investigated, Chicago came in at No. 7, with long-time traffic haven Los Angeles on top.

Homes sales were down in October, but the overall picture remains a very positive one for housing Existing-home sales declined 3.4 percent from September to October to a seasonally adjusted annual rate of 5.36 million, according to the latest report

In another marker of the housing market’s recovery, the Federal Housing Administration announced last week that its reserves were back in line with federal requirements. The FHA stated that its insurance fund’s net worth at the end of September was

Single family? Condo? 2,000-plus square feet? What defined the homes consumers bought this year? For our latest story in our continuing series on NAR’s 2015 Profile of Home Buyers and Sellers, we’re taking a detailed look at the homes

October provided yet more evidence of how integral multifamily building is to the current new construction economy October was a rough month for new construction, with housing starts falling 11 percent from September and 1.8 percent from Oct. 2014

Is our love for large homes nullifying the progress in energy efficiency? Thanks to new technological advances in water use, insulation, heating and cooling and household appliances, today’s homes are more energy efficient than ever before. Yet new research

VHT Studios has announced the acquisition of Gotham Photo Company. Gotham has been a leading provider of photography services to real estate professionals in New York City for over a decade. This is VHT Studios’ third acquisition over the past couple

Last Thursday, Federal Housing Administration Principal Deputy Assistant Secretary Ed Golding and National Association of Realtors President Chris Polychron announced changes to FHA condominium policies at the NAR national conference in San Diego. The changes, Golding explained, will change the FHA’s recertification process, owner-occupancy

The mortgage process doesn’t often top the list of things people like to do, but as far as dealing with banks and moneymen go, customers are more approving of the mortgage process now than any other time in the

Many want to own a house, but the finances are only feasible for an increasingly select few It is a truth universally acknowledged that the vast majority of renters in America aspire to homeownership. Indeed, according to a recent