National News
The Pending Home Sales Index was up more than 10 percent in April, rising to its highest mark since the expiration of the first-time homebuyer tax credit. April was a solid month for pending home sales, with the Pending
The “wage gap” is among the more prominent topics in gender equality, and new Census Bureau numbers suggest real estate has an issue with the topic. The “wage gap,” which addresses the difference in pay that men and women
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Though Chicago home prices did not show much change from February to March, they appear to be making yearly headwinds. Though home prices in Chicago were flat from February to March in the latest Case-Shiller Home Price Indices from Standard
Memorial Day weekend officially starts today, and many people will be out vacationing; what vacationing communities, though, are the most popular? Memorial Day weekend is finally here, and numerous families will be taking advantage of the holiday to travel
Immigration reform has been a hot topic the last month or so, though the politics of the issue obscures one main fact: that immigration is good for housing! U.S. immigration policy has always been among the more prominent issues
Some overzealous folks have begun throwing around the “bubble” word in their coverage of the current housing market, but such statements are way off. Home prices on the national scale have been doing quite well in recent months; in
New home sales in April increased from last March and exceeded economists’ expectations New home sales for the month of April were at a seasonally adjusted annual rate of 454,000, up 10,000 from last March, according to the latest
Though existing-home sales posted yearly and monthly increases in April, they were held back by low housing inventory and tight lending standards…or so we’re told! Existing-home sales in April may have increased 0.6 percent from March and 9.7 percent
Generation Y, the 80 million or so Americans born between 1979 and 1995, are expected to reverse the last 60 years or so of housing policy in the U.S. One of the more persistent questions among housing analysts is
The housing market cannot truly recover without a healthy mortgage market, but new research from LPS shines an optimistic light on the topic. Homes sales are up, inventory has stabilized, and by many accounts, new construction it putting up
The Obama administration’s foreclosure mitigation programs provided relief to millions of distressed borrowers recovering from the housing market over the past four years. The Making Home Affordable Program has assisted nearly 1.6 million homeowners since its inception in 2009,
One of the biggest challenges of launching a new business is finding like minds to hire that will help take your company to the next level, and startups are constantly forced to make these decisions, not only in the
Q: Is there any way I can assist with expediting the financing process for my client? A: To make the mortgage lending process move as quickly as possible, first and foremost, direct your client to a lender that you trust,
The Census Bureau’s latest new construction numbers were a topsy turvy bunch, with housing starts plunging but building permits soaring. If the Census Bureau’s latest numbers are any indicator, April was a wild month for new housing construction in
What income is necessary to afford the typical house in Chicago? And how do those requirements compare with other major metro areas? “Housing affordability” is a term that gets thrown around quite a bit nowadays, and for good reason;