Facebook charged with housing discrimination by HUD The U.S. Department of Housing and Urban Development (HUD) on March 28 formally charged Facebook with discrimination in violation of the Fair Housing Act. The charge comes after the agency filed a

Only 16 percent of buyers so far this month faced competition, according to a study by Redfin. That’s down from 61 percent over the same period last year, and it’s one more sign among many that buyers may be

Despite a downtick in home sales, Chicago showed a 2.4 percent increase in home price growth in January, the lowest level of growth since September 2015. According to a report by RE/MAX looking at February 2019, home sales in

The coming spring season, when home sales usually take off, could be a great one for buyers as the stars align in their favor: Mortgage rates are low, inventory levels are higher and price growth has slowed. Already, home

First-time homebuyers hoping to utilize the popular Federal Housing Administration loan program may find it more difficult to be approved for a mortgage this year, as the agency moves to reduce growing risks related to the program. FHA loans

Lincoln Yards passes full city council Sterling Bay’s $6 billion Lincoln Yards development is finally a done deal. The project has been approved by the full city council by a vote of 33 to 15, after many internal negotiations and

The state of the U.S. housing market has shifted rapidly in the last few months, but are consumers keeping up? A new survey from the National Association of Realtors makes the case that low mortgage rates and increased inventory

RE/MAX to partner with Redfin through referrals RE/MAX announced in a March 18 press release that it had entered into a “strategic alliance” with Redfin to boost sales at both nationwide brokers through referral incentives. In about 5,000 ZIP

In a positive sign for homebuyers planning on taking out new mortgages, the Federal Reserve sent its clearest signals yet that it will hold off on interest rate increases for the foreseeable future and perhaps the rest of 2019.

Chicago lead the country in construction activity by two key measures last month, as the broader housing market showed signs of weakness. According to a new report by BuildFax, Chicago was one of just four metro areas that saw a significant increase

The National Flood Insurance Program (NFIP) has been a subject of debate for years in Congress, gaining temporary funding multiple times without any permanent solutions. Recently, representatives across political lines have shown interest in finally reaching a long-term resolution,

For most Americans, the average commute is less than 90 minutes. However, extreme commuters exist on either end of this spectrum, with telecommuters (who work from home) experiencing no travel time and so-called “super commuters” traveling over 90 minutes

The core idea that there’s no better time than now and no better home than new has broad application from the city to the suburbs and from condos to single-family homes. And the ability of builders and agents to confidently demonstrate to buyers that a new home will serve their interests and help them realize their dreams can have an impact that’s greater than any one house, condo or subdivision.

Building codes and permits are often cited by builders as a key driver of costs that get passed onto the consumer in the form of higher rents or purchase prices. Labor, land and materials continue to be the biggest

I feel like I’ve been blathering on about spring in this column for about three months. I just flipped my clock forward, and I managed to walk to the corner store with only 4 layers, so maybe it’s finally

As part of our spring new construction issue, we take a look at a few of the projects attracting attention in the local real estate community.