“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

We keep hearing that housing inventory has no where to go but up…but what factors will actually cause it to increase? “Housing inventory has bottomed.” “Housing inventory will recover.” “New homes will begin entering the marketplace.” Yeah, we remember

Builder confidence had been on a tear through 2013, but it seems to have hit a road block in 2014. Builder confidence fell precipitously in February, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

Has price per square foot continued its 2013 ascent in the New Year? Many things occurred in the housing market in 2013, but perhaps the most notable was the marked ascent in home prices and the price per square

In 2012, Fannie Mae met the Federal Housing Finance Agency’s goal to reduce multifamily volumes by ten percent, achieving a 95 percent of total volume capacity. Now in 2013, Fannie Mae has been able to provide $28.8 billion working

Though new homes have seen, on average, very impressive sales increases since 2010, the specific gains have told a different story. We’ll start with the good news – after its worst years since record-keeping began in the ’60s, the

Keller Williams reported record-breaking growths, productivity and profitability gains in 2013. Announced during the company’s annual convention held in Phoenix, CEO Mark Willis stated that the company’s associates had both outpaced the industry and shattered records. After adding a

Housing affordability has fallen nationwide in the last year; what of here in Chicago? Housing affordability in the Chicagoland housing market fell 8.7 percent in 2013, according to newly released data by the National Association of Realtors. From 2012

Chicago’s housing inventory blues have not improved much with the New Year. Chicagoland’s housing market has distinguished itself from other national markets in several ways the past few months; unfortunately, the area’s rapidly declining housing inventory has been one

Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service (MLS) and one of the largest MLSs, serves nearly 40,000 real estate professionals. Having that many brokers, appraisers and support staff accessing your MLS system, you expect the metrics to

Realtor.com does not yet have the winning combination for an online ranking platform for real estate agents. Like Redfin and the Houston Association of Realtors (HAR) before it, realtor.com  recently stopped its attempt to accurately rank Realtors in a

Number of years in real estate: Nine years. Describe your look: Modern classic. What do you consider a “fashion don’t”? Logos galore. What is your favorite piece of clothing and why? A great pair of black riding boots. They

Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service (MLS), announced today that its President and CEO Russ Bergeron has been named to the DocuSign Real Estate Advisory Council. The inaugural meeting, with attendees from across the real estate

Chicagoland’s housing market continued to grow in confidence in January. Asking prices in the Chicagoland housing market increased 15.8 percent year-over-year in January, according to the latest Price Monitor from real estate website Trulia. That was the fourth strongest