Today’s report on construction spending was just the latest positive sign for the nation’s residential housing construction market. #82355313 / gettyimages.com The latest construction numbers came out today from the U.S. Census Bureau, and they were promising: at a seasonally

First-time homebuyers play a big role in the housing market, but where are they in the scheme of the housing recovery? Twenty-eight percent – that was the share of first-time homebuyers in November, according to NAR’s latest existing-home sales

Though home prices slowed a bit in Chicago in October, they maintained strong yearly gains. Home prices in Chicago fell 0.5 percent from September to October, according to the latest Case-Shiller Home Price Indices from Standard & Poor’s. Such

Here at Chicago Agent, we cover a wide variety of topics day in, day out. From home sales, to new construction, to how agents can better their business, our coverage involves just about every major topic in real estate today.

John W. Baird, founder of Baird &n Warner, prominent Chicago real estate developer and champion of fair housing, open space and historic preservation, died on December 27 at the age of 98 in a Glenview hospice after suffering a

November was not the most stellar of months for existing-home sales, with a number of factors impacting the famed housing statistic. Existing-home sales declined by both monthly and yearly measures in November, according to the latest analysis by the

Residential construction seems, on the surface, to have posted some extravagant numbers in November, but what does a deeper dig behind the data reveal? November was a roaring good month for home construction, with privately-owned housing started rising to

The nation’s negative equity situation remains inflated, but progress has definitely been made. Though negative equity remains high in Chicagoland, it has made quite a bit of progress in the last year, according to the latest Equity Report from

Homebuilders continued to grow more confident with the housing market in December, according to the NAHB. Builder confidence in the market for newly built, single-family homes rose yet again in December, as more and more homebuilders liked what they

The economic downturn of 2008 was the largest since the Great Depression, and it inspired in turn the most aggressive series of federal economic policies since the New Deal, especially in the form of special tax breaks and deductions.

Q: Why is good economic news typically bad for mortgage rates and bad economic news good for rates?    A:  Many real estate professionals, borrowers, attorneys and even loan officers believe there is a direct relationship between the Federal

As the curtains close on 2013, the industry is squarely focused on the coming years, hoping for a full economic recovery. But is 2014 the year of the housing recovery, given the many years this sector has been beaten

Are the foreclosure markets finally on the path to recovery, or will 2014 mark a resurgence? RealtyTrac had very positive news to report in its U.S. Foreclosure Market Report for November, which uncovered quite a few promising developments in

When looking at two of the more important measures of a housing market’s general health, how did Chicagoland fair in November? Here at Chicago Agent, we follow quite a few indices and analysis, and one of our undeniable favorites is

There were a number of interesting details regarding how homebuyers financed their purchases in 2013. The world of home financing has undergone some radical changes in the last 10 years, with consumers experiencing both the loosest and most restrictive credit

Chicagoland’s foreclosure markets continued to improve in 2013, falling by nearly a third from last year in October. October was a very solid month for Chicagoland’s foreclosure markets, which saw considerable improvement from last year, according to the latest