Percentage of mortgage delinquencies hits a five-year low The percentage of mortgage delinquencies is at a five-year low for the second quarter, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey. Mortgage delinquencies on one-to-four-unit residential properties decreased

The second quarter proved a boisterously good period for the nation’s mortgage markets, but did all that good cheer extend to our local marketplace? Last week, we reported on the latest National Delinquency Survey from the Mortgage Bankers Association,

One of the more common housing memes, as of late, has been the end of suburbia: that because of the housing boom, and all the rampant suburban speculation that drove it, prospective homebuyers are opting for smaller units in

The second quarter was a spectacular one for Freddie and Freddie, but are such successes problematic for the government’s reform efforts? Fannie Mae and Freddie Mac had mighty good second quarters – not only did the GSEs post respective

The nation’s mortgage markets continued to improve in 2013’s second quarter, with the MBA’s report being one of its most positive. The mortgage markets improved in several notable ways in the second quarter, according to the latest National Delinquency

Is Chicago among the busiest housing markets in the U.S.? A new report from Redfin shows how the Windy City stacks up to the competition. What are the busiest housing markets in the U.S.? That question was at the

President Obama devoted an entire speech yesterday to the housing market, specifically reforms he’d like to see made to our home financing system. President Obama called for reforms to both Fannie Mae and Freddie Mac in a policy speech

June was yet another banner month for home prices in CoreLogic’s Home Price Index, but could home price gains be slowing down? Home prices continued their sterling performance in June, rising 11.9 percent year-over-year in the latest Home Price

The latest numbers from the National Association of Realtors show that single women are owning on the homeownership front. Women may earn 77 cents of every dollar that men earn, but when it comes to homeownership, women are not

Asking prices in Chicago were up 11.3 percent in July, though that activity came amidst a slowing housing market. Asking prices in July were up 11.3 percent year-over-year in Chicago in the latest Trulia Price Monitor, a leading measure

Residential construction spending continued to lead the pack in June, posting strong year-over-year gains in the latest Census Bureau report. Overall construction spending may have down in June, but it was another great month for residential construction spending, which

The housing market has grown in many interesting ways so far this year, and agents will have some interesting details to consider for 2013’s second half. The housing market has cut an encouraging path the last six months. What

Price Whisperer, a new Redfin service that recommends a listing price by collecting information from active buyers, launched today in Chicago. Here’s how it works: users provide the price they’re after, their address and a few photos, then Redfin’s big

The nation’s foreclosure markets continued to improve in June, according to the latest report from CoreLogic. CoreLogic’s National Foreclosure Report for June brought further good news to the housing recovery, with foreclosure inventory and completed foreclosures both showing encouraging

Everyone says that Millennial homebuyers offer a huge opportunity for housing, but now, we can finally put a number behind it – and it’s a big one. It’s no mystery that Millennial homebuyers have been missing in action thus

In the last year, we’ve entered a new world order in real estate, and homebuyers are facing a number of concerns as a result. It’s a new world out there in the U.S. real estate market. Gone are the