National News
The real estate market continues to slow down nationwide, but are the national trends consistent here in Chicago? The U.S. housing market continued to slow in September, according to the latest Real-Time Fastest Markets report from Redfin, which measured
Century 21 Real Estate is one of the largest realty firms in the world – and now it has a website to match that status. The aptly-named century21global.com, which has been in operation for about a month, contains listings
August was another solid month for home prices in the Windy City in the latest Case-Shiller Home Price Indices. Home prices in the Chicago metropolitan area rose 8.7 percent year-over-year in August, according to the latest Case-Shiller Home Price
New data from NAR shows that pending home sales continued their downward progression in September. Pending home sales fell once again in September, with the Pending Home Sales Index from the National Association of Realtors (NAR) falling 5.6 percent
We’ve been seeing reports that housing inventory is beginning to stabilize; is that true here in Chicago, though? Up, or down? That’s always the question when it comes to housing inventory, and with new realtor.com data in tow, we’re
There had been rumblings early on that there was more to the housing recovery than met the eye, and new data from NAR confirms those suspicions. Throughout 2013, there have been many positive developments in the housing market, and
Broker Sandra Szulkowski spends some of her free time on the board of Naperville Newcomers and Neighbors, an organization with a mission to welcome new residents to Naperville and introduce them to their new neighbors. Now, after switching to
Though it was delayed by the government shutdown, the Census Bureau’s numbers on construction spending were positive all the same. Well, it finally made it! Though delayed by three weeks because of the government shutdown, the Census Bureau’s latest
We all wonder if size truly matters, but in the case of newly built single-family homes, the answer is clear. What percentage of newly built homes have an entry foyer? What if the home is less than 2,000 square
Existing-home sales declined a bit from August to September, though housing inventory continued to show promising signs. After hitting their highest level in nearly four years, existing-home sales came back down to earth in September, declining 1.9 percent to
Builders Digital Experience, Inc. (BDX), a joint venture between Move, Inc. and Builder Homesite, Inc., announced this month a unique partnership with nine multiple listing services – including Chicagoland’s Midwest Real Estate Data (MRED) – to provide new home
Builder confidence had been on a tear recently, but new data from the NAHB suggests a cooling off period. Builder confidence for the newly built, single-family home market stumbled a bit in October, with the National Association of Home
The components of new homes in 2013 are pretty consistent, but how is space distributed across those various components? It doesn’t take a rocket scientist to deduce the components of a typical newly built single-family home. From the family
We’re now two days away from a government default, an event that would spell nothing but trouble for the nation’s housing market. We’re now drawing uncomfortably close to a government default, and though we have written on a couple
What are Vampire REOs and Zombie Foreclosures? And what problems do they pose for the housing market? Last week, we reported on the latest National Foreclosure Report from CoreLogic, and the news was uniformly good: foreclosure inventory was down a
The U.S. prides itself for its strong middle class, but how many options does that middle class have for housing in the nation’s largest cities? Homeownership has long been a cornerstone of the modern American Dream, the ultimate symbol