We keep hearing how low inventory is in today’s housing market, but why is that the case? The National Association of Realtors’ existing-home sales report for March was an altogether positive take on housing, with sales rising 6.1 percent

What is the state of new construction in Chicagoland, as the market creeps towards recovery? New construction in the 10-county Chicagoland area stumbled somewhat in 2015’s first quarter, with new home sales falling 4.2 percent from 2014 to 1,047

A new Zillow analysis shows in stark terms just how damaging inequality is for housing’s future. Call it “The Great Housing Divide.” Although homeownership – on the strength of record-low mortgage rates – remains incredibly affordable, rising levels of

Coldwell Banker Residential Brokerage recently promoted Chris Haran to vice president of field operations. In his new role, Haran is responsible for overall strategic initiatives and field operations for the Coldwell Banker local operating company in the Chicagoland, Northwest Indiana,

March represents another month of home price appreciation, according to CoreLogic. CoreLogic released its March Home Price Index (HPI) today, and the findings reflected a continued strengthening of prices nationwide. Including distressed sales, national home prices rose 5.9 percent in

Tweeting For Buyers Social media has certainly become a focal point in our lives, but who thought you could successfully sell a house on Twitter? Rich Burghgraef, an account executive with Randolph Sterling, created a Twitter account, Bob the

We keep hearing that many consumers are ready to enter the homebuying fray, but new analysis casts doubt on that sentiment. Fewer and fewer Americans are planning on purchasing a home, according to a new survey from Gallup. Gallup’s

This year is shaping up to be a transformative one for new construction in Chicagoland. After several years in the shadows, it seems that Chicagoland’s new construction marketplace is finally returning to prominence. According to the latest analysis from

Pimp’s Paradise Believed to be the Midwest’s tackiest mansion, Indianapolis’ “pimp house” has slashed its asking price from $2.2 million in 2012 to $862,000. Jerry Hostetler, a Indianapolis pimp turned construction mogul, spent years crafting the 23,000-square-foot mansion, which

Chicago’s luxury market may have done well in 2014 – indeed, according to the RE/MAX Luxury Report on Metro Chicago, sales of homes priced at $1 million or higher in Cook and the collar counties increased by 7 percent

JUSTICE BEEN A LONG TIME COMING A Sacramento Realtor has been charged with eight counts of bank fraud for allegedly submitting fraudulent loan applications for clients nearly a decade ago for eight homes. Gabriela Carter, 43, is being prosecuted

Housing may have taken a beating during the downturn, but its reputation has recovered marvelously in the public’s eye. Americans consider real estate as their best long-term investment, according to a new survey by Gallup. That’s the second year

Advances in technology have allowed people to search for real estate from the comfort of their home. They can review floor plans and photos, even use Google maps to get a feel for what might be their new neighborhood.

A new CoreLogic report shows that falling REO numbers are helping bolster home sales and reduce distressed sales. Distressed sales, including real estate-owned and short sales, continued tumbling in February, falling 0.8 percentage points from January and 3 percentage points

NAR’s report showed improvement in pending home sales, but also an increase in the share of traditional buyers compared to investors. Spring is in full bloom, bringing with it a wave of antsy buyers who are ready to make

All the evidence suggests that renters are not rushing to the homebuying sphere. It would seem to be a perfect environment for homebuying. Not only are rents rising by considerable amounts, but relative to the costs of homebuying, it currently