Though the month-to-month data was flat, construction spending remained in positive territory in 2014. Construction spending in June maintained its strong growth from 2013, according to the latest report from the Census Bureau. Though overall construction spending was down

The supply of newly built single-family homes remains quite low; why is that? Last week, we reported on the lackluster new home sales report, which found that sales of newly built single-family homes fell by 8.1 percent from May

Almost seven years after the collapsing of the housing bubble, and CoreLogic says the nation is recovery swiftly – maybe too swiftly, in fact. On Thursday, CoreLogic released its June National Foreclosure report, which showed minimal but steady year-over-year

Media outlets the industry over are reporting on the Commerce Department latest homeownership report, but is the data reliable? The coverage was quite widespread – earlier this week, the Commerce Department reported that the homeownership rate in the U.S. hit

Berkshire Hathaway HomeServices KoenigRubloff Realty Group is mourning the loss of Carolyn McLaughlin, one of the company’s top-producing agents. McLaughlin was partnered with Kelly McInerney for 14 years at the company’s Lake Forest office. The duo, McLaughlin & McInerney,

More and more buyers and sellers are starting their home search online, which means having an effective online presence is more important than ever. #157305213 / gettyimages.com Marketing has always been a crucial part of establishing an effective real

A recent analysis from Goldman Sachs revealed that despite loosening standards, securing a mortgage is still a considerable challenge. #142900667 / gettyimages.com In the wake of the housing bubble collapse and the subsequent economic downturn, concerned homebuyers and professionals

After three solid months, pending home sales took a step back, according to NAR’s latest analysis. The Pending Home Sales Index, NAR’s measurement of contract signings for existing-home sales, fell 1.1 percent from May to June and 7.3 percent

The good news continued for Chicagoland home prices, according to the latest Case-Shiller. Home prices in the Chicagoland area continued their ascent through May, according to the latest Case-Shiller Home Price Indices from Standard & Poor’s. Not only were

We all know that foreign homebuyers operate in different ways than U.S.-born consumers, but how do they ultimately choose their agent? #109724973 / gettyimages.com Earlier this week, we reported that international home sales in the U.S. soared from 2013 to

The Zillow/Trulia merger could mean serious alterations to how agents and consumers interact. After a weekend filled with rumor and speculation, news dropped this morning that Zillow will indeed acquire Trulia for a cool $3.5 billion, creating by far the

Last week, we reported on the top-selling Chicago neighborhoods of June, but what neighborhoods are on top thus far in 2014? We’re halfway through 2014 – what Chicago neighborhoods have put up the most home sales? And how do

With the tightening of lender guidelines ever since the recession, and with the increase in homebuyers currently in the market for real estate, more and more real estate professionals and homebuyers are finding it challenging to get to the

What were Chicagoland’s busiest suburban housing markets in 2014’s first half? #154343349 / gettyimages.com Earlier this week, we reported on the top-selling suburban housing markets in June, but what have been the top selling markets in the first half

June proved a very rough month for new home sales, but how bad are things, really, for the beleaguered homebuilding sector? #162748979 / gettyimages.com The headlines sure are negative – at a seasonally adjusted annual rate of 406,000, the sales

Despite improve racial equality by leaps and bounds, the U.S. housing market continues to struggle with racial disparities. #157169491 / gettyimages.com Through much adversity, African Americans have made considerable strides towards equality in the U.S. However, barriers to homeownership,