The concept of a forever home – a single place that will last throughout a person’s life – is a dying idea to most people, according to Taylor Morrison’s 2017 Consumer Survey. The survey looked at 1,000 adults who

Total household debt reached $12.73 trillion in the first quarter of 2017, which is above the 2008 peak before the housing market crash and economic downturn, according to new data from the Federal Reserve Bank of New York. However,

Masterplan community developers are looking to expand the amenities and conveniences offered to residents in order to bring in new buyers. According to John Burns Real Estate Consulting, there are three major features that developers are offering in their

A new tax being considered by Illinois legislators would hit homeowners in a new and likely unwelcomed way. The state is considering a 6.25 percent tax on home repair and maintenance services, specifically including “repairing, cleaning, painting” in the

Metro homes saw the strongest quarterly sales pace in a decade, which put pressure on existing inventory levels and led to the third consecutive quarter of accelerated home prices, according to the latest quarterly report by the National Association

An opulent mansion that apparently served as inspiration for the mansion in Baz Luhrmann’s 2013 film is on the market. The 14,551-square-foot mansion has 18 bedrooms and sits on 7.7 acres in King’s Point, the area on Long Island

Built in 1867, this home in New Orleans’ Garden District has been known to be haunted. The story goes that two inmates shot each other while the home was being used as a jail during the Civil War. It’s

Built in 1994, on the slope of Prescott, Arizona’s Thumb Butte, Falcon Crest Tower is listed as the world’s tallest home. At a staggering 124 feet tall, this futuristic abode has ten floors, three bedrooms, four baths and a

Though it looks like a fairy-tale home that once belonged to the seven dwarves, this is an actual home that can be bought in Olalla, Washington. The house is currently listed at $925,000. Built in 1982, the house is

From 2011 to 2015, Chicago suburban area renters strongly outpaced urban area renters, according to a report from Rent Café. The suburban net gain over those five years was 57,600, a 12 percent increase, while the urban net gain was

U.S. housing affordability increased slightly in the first quarter of 2017 due to rising wages and moderating home prices despite increasing mortgage rates, according to National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI). Between January and

The Home Purchase Sentiment Index (HPSI) rose by 2.2 percentage points in April to 86.7 percent and three percentage points compared to last year, according to April 2017’s National Housing Survey. Out of six total components, four saw positive gains when

Much of the Chicago area is still recovering from the housing market collapse, but a number of suburban markets are seeing significant gains in their property values. Eight suburbs have seen their values rise by at least 50 percent

After remaining flat for years, federal interest rates could be increased nine times by 2020, according to the Congressional Budget Office’s 2017 Budget and Economic Outlook. The Federal Reserve’s policy committee met last week and determined that no federal

In the first quarter of 2017, markets nationwide have shown, on average, 100 percent normal economic and housing activity, according to the National Association of Home Builders‘ (NAHB) First American Leading Markets Index (LMI), which is based on current price,

Much of Chicago’s housing stock is still recovering from the market collapse, but not every area in the city is suffering from anemic housing value growth. In fact, five neighborhoods in the city have seen home prices reach their highest levels