News / Features

4 Important Tidbits on the Demoralizing New Home Sales Report

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

Subprime Market Major Hurdle for Hopeful African American Homeowners

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,

The Top-Selling Neighborhoods in Chicago

The city of Chicago outperformed the greater metro area in June; how did its specific neighborhoods shape up? Earlier this week, we reported that the city of Chicago saw higher sales activity than the wider metro area in June.

NAR: National Market Posts Strong Performance in June, Construction Still Lacking

Existing-home sales were up in June, which bode well for the market, but construction and low wages remain barriers to full recovery. #187462241 / gettyimages.com The third quarter of 2014 is already churning out good news for the housing

More Than a Third of Chicagoland Home Sales Still All-Cash

All-cash sales still remain quite prevalent in the U.S. housing market, especially here at home. #463245891 / gettyimages.com A hefty 37 percent of home sales in the Chicagoland area were all-cash transactions in April, according to exclusive analysis from CoreLogic, the

4 Reasons the Housing Market Could Improve in 2014’s Second Half

What good signs lie beyond the horizon for housing in 2014’s second half? Using analysis from a recent Redfin report, we put together the following

5 Things You May Not Have Known About the Mortgage Market

The mortgage industry has been subject to several changes over the last few years, and they might be having a bigger impact than you expected. Over the last year and a half, the financial side of real estate has

The Top 10 Selling Suburbs in Chicagoland

During the rainy month of June, what housing markets in Chicagoland’s suburbs saw the most home sales? #91902827 / gettyimages.com Earlier today, we reported that the city of Chicago saw stronger sales activity than the surrounding suburbs, though price

Will the Future of Chicago Be Reached on Foot?

Suburban sprawl over the last 50 years has led to an expanse of drivable city space, but a recent study suggests walkable urbanization may be the direction of the future. For the past half-century, suburban sprawl has helped define

IAR: Chicago City Housing Market Outperforms Metro Area in June

The city of Chicago posted stronger housing numbers than the surrounding metro area in June, according to new analysis. Home sales in the city of Chicago rose 1.2 percent in June from last year to 2,761 sales, while median

Ginger Downs Honored With WCR’s 2014 Elevate Award

On Friday, July 18, Chicago Association of Realtors CEO Ginger Downs was honored with the 2014 Elevate Award from the Women’s Council of Realtors. The event was held at The Union League Club of Chicago and the program focused

Between a (Rental) Rock and a Hard Place

The unaffordable simply becomes more unaffordable in today’s whacky rental landscape. #88689600 / gettyimages.com At the start of July, we reported on the latest rental data from Reis, which found that the nation’s rental market continued to grow more expensive

9 Mind-Blowing Facts About Real Estate in the U.S.

Even we were surprised by some of the following facts. #469971159 / gettyimages.com The U.S. housing market is a massive industry, one that incorporates not only elements of real estate, but of banking (both commercial and investment), appraising, marketing, advertising

Real Data
Wolf Point West Breaks Ground, But Construction Well Underway

  On Friday, July 18, several elected officials, workers, union members and a collection of local leaders, including Michael Carrigan of Illinois AFL-CIO, Mayor Rahm Emmanuel and Chris Kennedy, gathered to commemorate the groundbreaking of the new Wolf Point

Does Healthy Growth Mean Less Affordability in Chicago?

Rising home prices are indicative of a healing housing market, but some Chicagoland buyers are finding they can’t afford as much as they used to. #182363428 / gettyimages.com In the throes of recovery, Chicagoland buyers have grown somewhat accustom

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