There have been some positive developments in housing and the economy, as of late, that that has not translated to widespread sentiment among consumers. Call it “The Great Economic Divide.” Though the economy and the housing market have both

Are we finally seeing the triumphant return of first-time homebuyers? We’ve reported in considerable detail that first-time homebuyers currently make up a historically low portion of the nation’s homebuying pool, but could that trend finally be on its way

Housing has made definite progress the last couple years, but there remain pitfalls on the long, winding road to recovery. Mortgage rates remain at record lows; home sales, though down from 2013’s highs, are still miles ahead of the

Home prices nationwide, including distressed sales, increased 5.5 percent in Nov. 2014 compared to Nov. 2013, marking 33 months of straight year-over-year increases in home prices, the newest CoreLogic home price index found. On a monthly basis, home prices,

CoreLogic’s third quarter equity report helps instill confidence for 2015. Early today, CoreLogic released its quarterly equity report, detailing the state of both the nation and individual metros in regards to the current level of equity in the market.

Filling a position left vacant by Russ Bergeron in June of last year, who took an executive position at Real Estate Digital, Midwest Real Estate Data (MRED), Chicagoland’s MLS, announced today that Rebecca Jensen will be taking over as

The news was ALMOST uniformly good for the housing market in the latest government jobs report. The economy ended 2014 in a most delightful fashion, with the government releasing a very positive jobs report for December. How does such

Zillow has been stealing headlines, but Move Inc is quietly making moves to try and stay ahead of the industry. Barely a week into 2015, and already we’re tracking what’s bound to be one of the bigger, more impactful

So, word is spreading that the FHA will lower the cost of its mortgages; here are the things you should know about it. News broke yesterday from a variety of outlets that the FHA is planning on reducing borrowing costs

David Weekley Homes, a private homebuilder, is in the process of building its first home in Elmhurst with completion expected for April 2015, according to a press release. The home, dubbed The Emeryman, will be a two story, 3,341-square-foot

Asking prices ended the year with a bang, according to new analysis. The Chicagoland housing market closed off 2014 in a strong way, with asking prices rising 9.6 percent for the year, according to the latest Price Monitor from

Latest CoreLogic report shows prices falling moving into 2015. However, experts say we’re still poised for a strong year. National home prices climbed yet another rung on the industry ladder in November, according to CoreLogic’s latest home price report.

There are many positive things happening in housing right now, but this may be the most encouraging trend of all. On the surface, NAR’s latest existing-home sales report is not a very positive affair, with sales falling 6.1 percent

Though Chicagoland’s for-sale market is showing signs of a seasonal slowdown, its rental market continues to charge ahead. The rental market in the Chicagoland area continued its ascent in 2014’s fourth quarter, completing one of the strongest rental years in

We all know that our housing market has quite a bit of value behind it, but what’s the big number that it all adds up to? We’ll cut straight to the big number – $740 billion. That’s the cumulative

David Bailey was recently named managing broker of Baird & Warner’s Lincoln Park sales office after serving as the managing broker of Baird & Warner’s Evanston office. In his new position, Bailey will head the Lincoln Park sales team,