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

Housing affordability has been on the decline this year, but by how much? And what will affordability look like when rates increase? It’s been an interesting year in the world of housing affordability. Record low mortgage rates and competitively

Janet Yellen, President Obama’s choice to head the Federal Reserve, brings a unique combination of the old and the new to the position. President Obama yesterday announced Janet Yellen as his choice to head the Federal Reserve and take

The nation’s foreclosure markets have been showing considerable improvement in 2013, but did that trend continue in August? The good news continued for the nation’s foreclosure markets, according to CoreLogic’s latest National Foreclosure Report, with foreclosure inventory, completed foreclosures

Consumer sentiment on the housing market has gone nowhere but up in the last few months, but does the latest survey from Fannie Mae suggest a slowdown? Baby, we had a great run. Though consumer confidence on the housing

The nation’s rental markets have been quite hot in the post-boom housing market; did that trend continue into the third quarter? There have been two distinct memes in the housing market since 2008, both involving the nation’s rental market.

Asking prices may have slowed nationwide in September, but here in Chicago, prices put up strong numbers on both yearly and quarterly measures. Asking prices in Chicagoland’s housing market were up a robust 14.5 percent year-over-year in September, along

Q: Can my client purchase a home using FHA financing with negative items on their credit score? Consumers with negative inquiries must wait up to seven years before they can purchase another home, depending on the type of property

Which neighborhoods and suburbs have the most of which types of loans? Click on our infographic below to find

Globalization and demographic trends are likely to drive even more dramatic changes to the industry in the coming years, according to one controversial industry expert. And she thinks servicing executives should be the ones leading the charge to transform

It’s been several days now of the government shutdown, and it’s becoming more clear how it could potentially impact the housing market. The government shutdown went into effect at midnight on Oct. 1, and ever since then, there has

Strong school districts are often a top selling point for certain neighborhoods, but how do they translate to the median price of the area? It’s gotta be among the most common of questions that real estate agents receive –

Construction in the Windy City remains historically low, but it’s made quite a bit of progress thus far in 2013. First, the bad news – residential construction in Chicagoland remains historically low, and is among the lowest of all

Though monthly home price growth slowed in August, it still posted strong year-over-year returns, according to CoreLogic. Well, the great home-price honeymoon may be drawing to a close. According to the latest Home Price Index from CoreLogic, home prices

RE/MAX’s IPO exceeded expectations on Wednesday, raising more than $220 million in funding. RE/MAX became the latest real estate business to expand to the stock market with its IPO on Wednesday – and like those earlier companies, its IPO