An uncertain economy and low inventory are bringing out conservative tendencies in sellers Home sellers may dial back prices a bit due to concerns over the economy, the low inventory and buyers being more selective in their home purchases, according to a new Redfin

The middle class is finding it increasingly difficult to afford new homes. But the residential market is not correcting itself to accommodate them, a new report from John Burns Real Estate consulting suggested. Instead, the future of new home demand

Lincoln Park and Hinsdale were the top luxury housing markets in Chicagoland in January, according to a custom Real Data report by Chicago Agent. For the month, Lincoln Park saw 16 luxury sales with an average price of $2,181,642.19, while Hinsdale

Homebuyers in Chicagoland break even on their homes sooner than expected It takes just over two years for homebuying to make more financial sense than renting in Chicagoland’s housing market, according to a recent analysis from Zillow. The “Breakeven

There are a lot of cities in the U.S. – Houston, New Orleans – that have felt the sting of falling crude values (“sting” being a cozy euphemism for economic haymaker). But the news isn’t all bad. Take, for instance, mortgage

The latest jobs report shows some silver linings for employment Last week, the Labor Department released its monthly jobs report with mostly positive news: unemployment fell below 5 percent in January, suggesting that even with the weak global economy and decreasing confidence

Carol Morgan, managing partner of mRELEVANCE, LLC, was named the 2016 Woman of the Year by the National Association of Home Builders (NAHB) and the Professional Women in Building Council (PWB). The Woman of the Year Award is the

The Historic Chicago Bungalow Association (HCBA), a non-profit organization dedicated to the maintenance and preservation of Chicago’s signature home, is working to make the cold months more tolerable for vintage home owners – while saving them some money – through

In our latest Real Data report, we have the agents who closed January’s top deals Click on the tabs below to see the top single-family, condo and townhome closings in Chicagoland’s housing market in January: Single Family Condo Townhome Single

When selling luxury, “sexy” is preferable to “lovely” As Pat Benatar sang, “love is a battlefield” – and as realtor.com analysts have found, love is also a lousy way to sell a home. According to an analysis of 1.6

TRID’s impact on the real estate process has been minimal, though agents are still experiencing some problems with their clients’ documentation, according to a new survey from the National Association of Realtors. Just over 10 percent of Realtor transactions,

The La Grange office of Coldwell Banker has added agents Georgia Kass and Doug Hanscom, according to a statement from the brokerage. “Georgia prides herself on being able to build trusting relationships with her clients and always goes the extra mile

Among many interesting insights into Chicagoland’s housing market, our Real Data 2015 report featured rankings on the top offices in the area by sales volume. Among Chicagoland’s offices, though, which ones saw luxury home sales – transactions with sales prices of

Boomerang buyers are, as the name implies, ready to return to housing The housing market’s recovery has been slow since the recession, and many consumers are still struggling with the economic fallout. According to a study released by TransUnion, though, there

According to a Dodge Data & Analytics report, Chicago was ranked as one of the top metro areas for new commercial and multifamily construction in 2015, with a total dollar amount of $5.9 billion in housing starts. Chicago was

The National Association of Hispanic Real Estate Professionals (NAHREP) has named their new chief marketing officer, Jason Riveiro. Riveiro has more than 10 years of experience in leading multinational strategies for some of the most recognized Fortune 500 companies. Riveiro