A Pew Research Center study highlights the problems facing Millennials who attempt to purchase a home A new study released by the Pew Research Center highlighted that Millennials are still struggling to live independently, despite the strengthening job market. While the

Plan revamps mortgage program to better benefit borrowers’ needs People with low to moderate income are gaining a boost when it comes to getting a mortgage. In an effort to better suit borrower needs, Fannie Mae has announced they

According to a new National Association of Home Builders study, 70 percent of builders generally use between 11 and 30 subcontractors to build one single-family home. On average, a typical builder would use 22 subcontractors to build a house. Here is

Sterling Bay is on the brink of acquiring A. Finkl and Sons steel mill in Lincoln Park, according to a recent article in Crain’s. It’s expected that the Chicago developer could spend $1 billion dollars on the deal, which will make this

Click on the tabs below to see the top single-family, condo and townhome closings in Chicagoland’s housing market in August Single Family Condo Townhome Single Family Sales Price Property Agent Office $4,689,900 473 W Superior, Chicago Laura Rubin Baird &

According to the new Mortgage Applications Survey from the Mortgage Bankers Association, mortgage applications declined 6.2 percent from the week prior. Refinancing activity was down by 10 percent, while purchase mortgages were down by 1 percent. Refinancing comprised 56.9

Coldwell Bankers Residential Brokerage had announced that it has obtained the assets of Chicago Apartment Finders, a rental search site with five locations: Lakeview, Edgewater, Bucktown/Wicker Park, Downtown and Hyde Park. Fran Broude, president of Coldwell Banker Residential Brokerage in Chicago,

A new NAR analysis argues that lack of new construction hinders housing growth New home construction is insufficient in a majority of metro areas, according to new research by the National Association of Realtors. NAR measured the amount of

A few months back, Zillow Group, the new conglomerate of Zillow and Trulia, rolled out a new feature that allowed brokers to review a variety of listing metrics through its Zillow Data Dashboard, from impressions to total listing views.

Keller Williams has increased its employee base by 17 percent since January 1 to more than 125,000 associates. In the first half of 2015, Keller Williams broke monthly records as the sales volume increased 26 percent to $100 billion,

The “brain drain problem” is anything but a problem The Chicago-Naperville-Elgin area saw a 32.5 percent gain in people aged above 25 with bachelor’s degrees or higher, according to a new study by the Manhattan Institute. That is also

This 4,380-square-foot Scottsdale house, known as “America’s Most Original Home,” is on the market for $4.2 million. The structure was built  in 1980 by Sunnie and Bill Empire around billion-year-old granite boulders that sit in a ancient archaeological site. With boulders making up 60

Foreclosures continued losing market share in July, as inventory declined 27.9 percent from the same time last year, with completed foreclosures dropping 24.4 percent, according to CoreLogic’s latest report. Foreclosure inventory represented 1.2 percent of all mortgaged homes in

Fannie Mae’s Economic & Strategic Research Group has launched the Fannie Mae Home Purchase Sentiment Index (HPSI), which provides details about the direction of the housing market. The index reports that in August, the HPSI dropped to 80.0 from 0.5 points,

Midwest Real Estate Data (MRED) has named Chris Lambrou, its director of special projects/R&D, its first chair of the Real Estate Standards Organization (RESO) Internet Tracking Workgroup. RESO specializes in obtaining data standards and processes accepted by real estate

Transit Future recently unveiled a plan to extend the Brown line to connect with the Blue line as part of a campaign to renovate and update Chicago’s transit system. The plan would extend the Brown line at Kimball through Elston to