National News
A new study from the Federal Reserve brings more evidence to the table on the damaging economic effects of high student debt burdens We’re written in the past about the effects of student loan debt on the housing market
Sure, the FAA finally ruled on drones, but that doesn’t necessarily mean the drone floodgates are now open. After considerable deliberation and anticipation, the Federal Aviation Administration finally unveiled its regulations for commercial drone usage on Sunday, which, in tandem
After a considerable waiting period, it looks like Zillow will officially acquire Trulia. It was way back in July 2014 when Zillow first announced its $2.9 billion acquisition of syndication rival Trulia, and now, after considerable anticipation, it seems
The last couple weeks, we’ve been analyzing exclusive numbers from the CoreLogic Housing Credit Index, a detailed look at mortgage availability. Our central question has been a simple one: is it any easier, nowadays, to attain a mortgage? And after
It’s been a rollercoaster ride following the nation’s mortgage markets, so we decided to take a more long-term view at some of the key stats at play – and how, with only one exception, things have improved by quite
Last year NAR outspent some of the most influential companies and groups in the U.S. Was it all for influence? In 2014, Koch Industries, capital generator for the infamously influential Koch brothers, shelled out nearly $14 million in lobbying
Minority groups have a harder time accessing mortgages in the U.S., but it’s particularly pronounced here in Chicagoland. In the Chicagoland metro area, 32.1 percent of African-Americans are denied in their applications for conventional mortgages, according to a new
Chicagoland did not set the world on fire with its rise in asking prices, but that’s perfectly fine Asking prices in Chicagoland began 2015 on a sobering note, according to the Trulia Price Monitor. Though prices were up a
Home prices continued to moderate as last year came to a close, with home prices, including distresses sales, increasing 5 percent in Dec. 2014 compared to last year, the latest CoreLogic home price report said. On a monthly basis,
There were some very positive things to report in the government’s latest job numbers. The U.S. economy started out 2015 with a bang, adding 257,000 jobs in January, according to the latest report from the Labor Department. Of course, there
What is the marital status of the typical first-time homebuyer? What are the demographics? And finally, how have those stats changed in recent years, and what does America’s ever-diversifying landscape suggest? To find out, see our infographic below, which
Guaranteed Rate released its quarterly summary of the mortgage market, which found an increase in purchased loans and a return of the ARM. Analyzing data housed in its massive database of home loans, Guaranteed Rate, one of the nation’s
Last week, we reported that lending standards have see-sawed up and down the spectrum the last few years, but does that trend change at all when we look at the separate lending standards for refinancing and purchasing loans? Once
We reported last week that in 2014, the median sales price for a newly built single-family home set a new record, closing out the year at $283,600. That’s not only 5.5 percent above 2013, but also a whopping 28.3 percent
2014 was a very good year for new construction in Chicagoland, according to the latest stats. Total residential construction spending in the Chicagoland area was $4.293 billion in 2014, a 19 percent increase from 2013, according to new numbers
Construction on the whole was positive in 2014, but that was mostly due to the surging multifamily sector. Private construction may have been up 4.5 percent in 2014, but it was the multifamily housing market that drove that activity,