According to Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Jan. 1, 2016, mortgage applications decreased 27 percent from two weeks prior. Refinancing mortgage activity decreased to 55.4 percent of total applications, from 56.1 percent the previous

How will the 2016 housing market take shape? When all the statistics are tallied, 2015 will likely have been the best year for new home sales since 2007, which has raised expectations for 2016. Realtor.com has highlighted five housing trends

Since 2014, home prices have been in what CoreLogic Chief Economist Frank Nothaft recently described as a “sweet spot,” consecutively rising between 5 and 6 percent for 15 months. According to the research group’s newest report, home prices rose

Pending home sales in November declined for the third time in four months as buyers continue to battle both rising home prices and limited homes available for sale, according to the National Association of Realtors. The Pending Home Sales

Chicago continues foreign investment boom through 2015 More foreign money has been spent on real estate in 2015 in Chicago than any year prior, according to a Crain’s Chicago Business report. In total, $3.27 billion dollars have been spent on

The latest analysis from Dodge Data provided an encouraging assessment of new construction in Chicagoland According to the latest numbers from Dodge Data & Analytics, residential construction spending in the Chicagoland housing market totaled $397 million in November, and

Wolf Point owners, the AFL-CIO Building Investment Trust (BIT), Hines and Magellan Development Group announced today that the companies’ luxury apartment tower along the Chicago River in Chicago’s River North neighborhood, Wolf Point West, will open this month. Wolf Point

Chicago has the third most-affordable hot job market, according to a resource set up by Indeed and realtor.com. Fifty-nine percent of homes in Chicago were considered affordable. The sites set out to determine which major metro areas had both a

Millennial wages don’t go very far for homebuying Millennials’ difficulty with homeownership has been a major concern for local agents in recent years, with 31.5 percent of 18-to-34-year-olds living at home. But what about those who do buy homes? What can Millennials

Existing-home sales fell more than 10 percent in November, marking the slowest sales pace in 19 months and possibly serving as quantifiable proof of the effect TRID is having on the industry, according to National Association of Realtors Chief

Our quarterly Real Data series features exclusive insights into Chicagoland’s housing market. Click through to see which statistics captivated our audience the

Home prices in Chicago inched forward only 1.3 percent from Oct. 2014 to Oct. 2015, but month-over-month fell 0.7 percent, according to the new Case-Shiller Home Price Indices from Standard & Poor’s. For another month, Chicago home price growth

Our Who’s Who issue is easily our most-read issue of the year, and some profiles each year prove particularly popular with our audience. Click through to see who ranked highest in

Our real estate coverage in 2015 ran the gamut, from new construction, to lending, to the hottest markets in the Chicagoland area. Click through to see what stories were the most

Stagnant wages and high rents combine to push homeownership out of reach for thousands of Chicagoans Nearly 957,000 renters in the Chicagoland housing market struggle with the cost of housing, according to a new report from the Joint Center of

New home sales are shaping up for their best year since 2007 Sales of new single-family homes in November rose 4.3 percent from October and 9.1 percent from Nov. 2014 to a seasonally adjusted annual rate of 490,000, according