Though housing inventory was down in Chicago in February, there do seem to be signs of improvement. Housing inventory in the Chicago housing market fell 7.6 percent year-over-year in February, according to the latest State of the Market report

We all know that new construction has made steady progress the last couple years, but what’s its share of home sales? As we reported last week, new home sales remain historically low. Though they did hit their highest mark

Construction spending continued to improve in January, with private construction showing particularly good progress. Construction spending may have been flat month-to-month, but its yearly progress was strong as ever, according to the latest report from the Census Bureau. At

Pending home sales continued their sluggish performance in January, though worst may still be to come. Pending home sales were flat in January, according to the latest analysis by the National Association of Realtors. Per NAR’s Pending Home Sales

A new study predicts great things for Chicagoland’s housing market in the coming years. Home prices in the Chicagoland residential real estate market are expected to rise by 29 percent from 2012 to 2018, according to the latest report

We all know that rising mortgage rates and price increases have taken a bite out of affordability, but how does renting compare with owning in 2014? The homeownership/renting debate is an everlasting one, but in the post-boom housing market,

The market for newly built single-family homes saw sales increases in January; what does that mean for the housing market? Amidst a period of less-than-enthralling news for housing, the Census Bureau’s latest report on sales of newly built single-family

The Chicagoland housing market has made considerable strides in the last year, according to CoreLogic’s latest MarketPulse. Home foreclosures in the Chicagoland housing market are down 49.8 percent from their peak, according to the latest MarketPulse report from CoreLogic,

Though much of the media coverage is focusing on the weak nature of NAR’s latest existing-home sales report, there were definite glimmers of optimism. We’ll start with what most of the media are reporting on – existing-home sales in

Home purchases have skidded a bit in recent weeks, and student debt raises some troubling questions on where housing demand is heading. The numbers are in, and they’re not encouraging – housing demand is beginning to wane. According to

Home prices in Chicago continued to show improvement in December, according to the latest Case-Shiller indices. Chicago home prices rose 11.3 percent year-over-year in December, according to the latest Case-Shiller Home Price Indices from Standard & Poor’s; that’s the

After spending several years as a marketing manager for their Chicago region, Coldwell Banker Residential Brokerage are please to announce that Melissa Bosley is now a full-time broker at their Lincoln Park Plaza office. Bosley will now focus on

What issues in the homebuilding process keep builders up at night? Last week, we reported that builder confidence dropped to its lowest point in 12 months in February, with lousy weather and market concerns the main reasons for the

“Housing inventory has bottomed.” “Housing inventory will recover.” “New homes will begin entering the marketplace.” We remember those headlines, too. All throughout 2013, analysts and reporters alike wrote that housing inventory had, after a long and perilous decline, bottomed

Some industry gurus are questioning whether the housing momentum we saw early in 2013 began to dissipate later in the year. The more dramatic have claimed the housing sector is still on shaky ground. Others have blamed the slowdown

The Census Bureau’s latest new construction report is not pretty, but as with all housing matters nowadays, there’s more than meets the eye. Here’s the information that you’ve likely seen, regarding the Census Bureau’s latest report on new construction