News / Features

Housing Affordability Returning to Earth

Housing affordability has been one of the key marketing tools in an agent’s arsenal, but that could be changing soon. #200336957-001 / gettyimages.com During housing’s down years, agents had a couple of marvelous talking points to use with potential homebuyers

Chicagoland Home Prices Second Best in Nation in Case-Shiller

Home prices in the Chicagoland region posted excellent returns in the latest Case-Shiller. #182145590 / gettyimages.com Home prices in the Chicagoland metro area rose 1.4 percent from May to June, coupled with a 6.6 percent increase from June 2013,

5 Points to Help Explain Dwindling Homeownership Rates in Young Professionals

Homeownership rates in young adults have been dwindling, and Fannie Mae takes a stab at explaining why. #151910629 / gettyimages.com Homeownership is on the decline. And though it is a trickling decline and might, at some point in the future,

The 4 Angles of Today’s New Home Sales Report

New home sales were down monthly and up yearly, but the story is so much deeper than that. #160457704 / gettyimages.com By now you’ve surely seen the headlines – though new home sales in July were up 12.3 percent

Chicago’s Top 10 Selling Neighborhoods

What neighborhoods in Chicago saw the most home sales in July? #169803608 / gettyimages.com Last week, we reported on the top-selling suburban housing markets in Chicagoland, and this week, we’re applying the same statistical razor to Chicago’s neighborhoods. Armed

Builder Confidence Rises Two Points in August; At Highest Level Since January

Builder confidence in the market for newly built, single-family homes rose two points to 55 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for August. This third consecutive monthly gain brings the index to its

The Secret Life of Existing-Home Sales

July’s existing-home sales data looked pretty positive, but scratching beneath the surface reveals a different perspective. #76038116 / gettyimages.com It all seems so nice – in July, existing-home sales rose 2.4 percent from June to a seasonally adjusted annual rate

Chicagoland’s Top 10 Selling Suburban Housing Markets

What suburban housing markets in Chicagoland saw the most home sales in July? #6042-001522 / gettyimages.com Yesterday, we reported that home sales in the Chicagoland area, including both the city proper and the surrounding suburbs, saw sales fall from

Builder Confidence Jumps to Highest Mark Since January

Despite numbers that would imply the contrary, homebuilder confidence continued to increase this month. #82355278 / gettyimages.com Builders were a mighty confident bunch this month, with the NAHB’s Housing Market Index, the industry’s leading measure of homebuilder confidence, rising

Existing-Home Sales Pace Hits Its Stride, Reaches 2014 Peak

NAR’s new existing home-sales report shows the sales pace quickening, inventory rising and distressed sales falling. #180585625 / gettyimages.com As summer temperatures hit their peak in July, so did existing-home sales, which, as the National Association of Realtors today

This is How Important Government Financing is For First-Time Homebuyers

Simply put, without government guarantees, the percentage of first-time homebuyers would be even smaller than it already is. #181215771 / gettyimages.com In June of this year, only 28 percent of existing-home sales went to first-time homebuyers, a historically low

IAR: Chicagoland’s July Housing Market a Familiar Sight

Stop us if you’ve heard this one before: sales were down and prices were up in the Chicagoland housing market. #479876685 / gettyimages.com The July housing market in Chicagoland offered yet another chapter to the 2014 storybook of falling sales

CoreLogic Reveals May Cash Sales Data

New CoreLogic report reveals another month of dwindling cash sales, but some states are maintaining high cash sales volumes. #3464-000089 / gettyimages.com Cash sales in the U.S. were down in May, according to a new report from CoreLogic. Falling

Bergeron Lands New Position with Real Estate Digital

Former MRED CEO Russ Bergeron has joined Real Estate Digital (RED) as the VP of the firm’s data licensing group, according to a new report from Greg Robertson of Vendor Alley. Bergeron, who resigned as MRED’s CEO in late June,

The Secret Reason Why Housing Hasn’t Fully Recovered Yet

New survey data has uncovered the secret reason for why housing has yet to fully recover – though admittedly, it’s a pretty straightforward explanation. #144553105 / gettyimages.com Interest rates remain at historic lows. Home price gains have moderated, and

Immigrants to Play Huge Role in Future Housing Market

Immigrants already play a large role in housing, but that role will only grow more pronounced in the coming years. #118977667 / gettyimages.com Here’s an eye-opening stat for you – from 2010 to 2020, immigrants in the U.S. will

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