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The availability of affordable housing is a concern for many consumers, according to the National Association of Realtors’ 2017 National Housing Pulse Survey. The survey, which measures consumers’ attitudes about housing issues in the nation’s largest metropolitan statistical areas,
Chicago has a number of expensive neighborhoods and suburbs that attract wealthy residents, but one northern suburb is home to the most expensive ZIP code in the state. GOBankingRates found the most expensive ZIP codes in every state and determined
As Chicago moves toward running completely on clean energy, the city came in on top in the 2017 National Green Building Adoption Index. The report looked at the growth of Energy Star and LEED-certified office spaces since 2005 in
According to the analytics firm RealPage, apartment demand increased to a near-record amount in the second quarter. Demand rose to 175,645 apartments nationally, up one-third from the demand level at this time last year. “Today’s strong demand for apartments
A major factor for many people when searching for a new home is the school district that they will be placed into. Now, narrowing down homes based on schools is easier. Realtor.com announced the launch of home search by
Chicago was ranked by Schroders Global Cities Index for being a prime global location for real estate. Coming in at No. 4, Chicago is one of 18 American cities listed in the top 30 by Schroders. The index utilized a number of factors
Home prices continue to grow on both a year-over-year and month-over-month basis, according to the CoreLogic Home Price Report for May. Nationwide, home prices are up 6.6 percent in May 2017 compared to May 2016. May home prices increased
The U.S. affordability index dropped to 100 in the second quarter of 2017, which is the least affordable level since the third quarter of 2008, according to a new report from ATTOM Data Solutions. The affordability index measures the
Dodge Data & Analytics released new statistics on money spent on new Chicago construction Thursday. The report considered all May 2017 constructions starts in the Chicago area. There was a decrease of 14 percent for nonresidential construction starts between this year
Those looking to buy homes in this market have little time to ponder if they want an available home. In fact, more and more people are bidding on a home without even seeing it in person, according to a
After a months-long search, the National Association of Realtors (NAR) announced the selection of Bob Goldberg as the next chief executive officer for the company on June 23. Goldberg joined NAR in 1995 and currently serves as the NAR
America’s housing market might be notably stronger than it was when the recession hit nearly a decade ago, but not everyone is ready to jump back into buying. Despite wanting to purchase a house of their own one day,
As millennials have aged into the largest homebuying population in the country, economists and real estate experts have spent considerable time figuring out why the group is slow to buy homes. Millennial spending habits have been blamed, as has
Fundrise, a Washington D.C. managing company, created a way for prospective homebuyers to crowdfund their future homes. Public investors buy shares in an “eFund,” a limited liability company that develops housing in the city. Investors must make a minimum
Home prices rose across the country, according to a report released Tuesday. S&P Dow Jones Indices announced the positive results of the S&P CoreLogic Case-Shiller Indices, which measures U.S. home prices. The U.S. National Home Price NSA (non-seasonally-adjusted) index showed
Market factors indicate that it’s a seller’s market, yet the number of homes for sale is at a record low. Now, an overwhelming percentage of homeowners believe it is a good time to sell, leading some to conclude that