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

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