Housing inventory seems to have finally turned the corner nationally, but what of here in Chicago? The nation’s inventory of housing has been a major topic of conversation among analysts and real estate professionals alike this year, but if

Homes in 2013 have sold better than at any time since 2008, and we’ve dug up three promising trends for those home sales. Home sales have been putting up some encouraging numbers in 2013. Though rising mortgage have taken

Everyone has been holding their breath on when the higher mortgage rates will impact home sales; when exactly will that happen, though? When mortgage rates began their dramatic rise back in May, it was more a matter of “when”

The National Association of Realtors (NAR) has developed a Military Relocation Professional certification, which will help Realtors assist military service professionals with housing solutions that meet their needs, and allow them to take full advantage of their military benefits.

Foreclosure activity in the Windy City remains high, but it’s fallen by a dramatic amount from 2012. Foreclosure activity in the Chicagoland area was down a whopping 58 percent year-over-year in August according to the U.S. Foreclosure Market Report

Home seller incentives became quite common during the down years, but are they still common in 2013? During the months following the housing downturn in 2008, homebuyers found themselves in a interesting position – they were in charge. With

Though Chicagoland’s housing market has made notable strides in the last couple of years, the problem of negative equity lingers on. Though the Chicagoland housing market has made quite a bit of progress in the last year,  nearly a

The NAHB’s Improving Markets Index has been closely tracking the housing recovery, and it put up some its best numbers yet in September. The National Association of Home Builder’s Improving Markets Index, one of the leading measures of the

The nation’s mortgage markets have improved dramatically in the last five years, but how many negative equity properties linger here in Chicagoland? More than eight million homeowners are own the verge of reaching positive equity, according to the U.S.

After decreasing the loan limits for Fannie Mae and Freddie Mac in 2011, it appears the government is prepping for another mandated decline. In an effort to further lessen the government’s role in the housing market, federal officials are

The homeownership rate has been on a steady decline the last five years, but will that trend continue? The homeownership rate has decreased in the last five years, according to Census Bureau data, and as a result, renting has

Much has been written about how rising mortgage rates will impact the housing market, but now we have a glimpse at how they’re affecting consumers. The dramatic rise in mortgage rates has been the major story in housing this

The latest National Foreclosure Report from CoreLogic highlighted a number of positive developments in the nation’s mortgage markets. The nation’s mortgage markets continued to improve in July, according to the latest National Foreclosure Report from CoreLogic, with foreclosure inventory,

Asking Price growth appears to be slowing nationally, but that was hardly the case here in Chicago, according to new research from Trulia. Chicago’s for-sale market continued to outpace its rental market in August, according to the latest Price

The Hispanic population in the U.S. has grown by leaps and bounds, as has its importance on local housing markets; where are Hispanics most concentrated? Hispanics represent a growing part of the U.S. population, and are inarguably the hottest

Construction spending increased again in July, with residential construction leading the way. Construction spending in July continued its strong 2013 comeback, with overall construction activity rising 0.6 percent from June and 5.2 percent from July 2012 to a seasonally