Chicago was the fifth hottest destination for Millennials who moved last year, according to a new survey from Mayflower. Some of the main characteristics that survey respondents were looking for in their new cities were job opportunities, affordable cost

Chicago foreclosure levels are still above pre-recession averages while nationwide foreclosure activity falls below pre-recession levels, according to a new report from ATTOM Data Solutions. The Chicago-Naperville-Elgin MSA reported 14,396 properties with foreclosure filings, which is up 9.2 percent

Chicago’s hot start to the home-selling season continued in March, when units sold and median sales price both jumped significantly since last year. In fact, it was the strongest sales totals of any March and any first quarter since

  New homes are getting bigger, which has helped in balancing out price appreciation while the market sees low inventory and high demand, reports CoreLogic Chief Economist Frank Nothaft, based on Census Bureau data on new residential construction.   What’s changed?

  More renters are saying they have no plans to move this year and have no interest in owning a home, according to a new survey from Freddie Mac. The survey also found that the expectation to purchase a

Homes sold faster this March than any other March in seven years, thanks to rising demand and still-shrinking inventory, according to Redfin’s recent housing market report. Home sales jumped 9 percent in March when compared with March 2016, even as

Time travel might not be feasible, but you can come close by renting this groovy Disney Street home in Dallas, Texas, for $3,800 per month. The space features Jetsons-style furnishings, old-timey pink appliances and a curvy swimming pool in

Vacation home sales have dropped significantly, according to a recent study by the National Association of Realtors. Only accounting for 12 percent of all transactions in 2016, vacation home sales fell to an estimated 721,000 transactions—the lowest since 2013 (which saw

Chicago-area homeowners pay some of the highest property taxes in the country. Local taxing authorities raked in over $12.3 billion in property taxes last year, the second most of any housing market in the country behind New York City’s $30

  Tesla announced their new solar panels on their website last weekend, offering an alternative option from their solar roof tiles released last fall, which Tesla will begin taking orders for this month. The panels are expected to have an install

A nationwide inventory shortage is hampering the housing market’s growth, but the shortage isn’t uniformly affecting every market. In fact, a market is more likely to have a housing shortage if its housing prices have recovered to pre-crash highs,

About 70 percent of renters say securing enough cash for a traditional down payment is the biggest obstacle to buying a home, according to a study by Zillow. With an average mortgage payment costing less on a monthly basis

  Housing confidence fell 3.8 percentage points in March following a survey high in February, according to Fannie Mae’s Home Purchase Sentiment Index ®. The net share of Americans who say it is a good time to buy fell

When building a high-rise apartment complex, it helps to envision the future occupants of the building and their desires. It’s even better if the developer is a future occupant. That’s what Curt Bailey, president of Related Midwest, learned from

With all the talk of Millennials and how they fit into the housing market, retirement-age Baby Boomers don’t get a lot of attention as a home-buying population. The numbers show, however, that “Older Boomers” aged 62 to 70 years

The average mortgage size is $318,200, which is the largest it has been in the 27-years of The Mortgage Bankers Association’s weekly purchase loan data survey. There are multiple factors leading to higher mortgages in the United States beyond larger