What issues in the homebuilding process keep builders up at night? Last week, we reported that builder confidence dropped to its lowest point in 12 months in February, with lousy weather and market concerns the main reasons for the

“Housing inventory has bottomed.” “Housing inventory will recover.” “New homes will begin entering the marketplace.” We remember those headlines, too. All throughout 2013, analysts and reporters alike wrote that housing inventory had, after a long and perilous decline, bottomed

Some industry gurus are questioning whether the housing momentum we saw early in 2013 began to dissipate later in the year. The more dramatic have claimed the housing sector is still on shaky ground. Others have blamed the slowdown

Chris Duchesne, the vice president of Global Workplace Solutions, Care.com’s employer program, says that today’s workforce has become fragmented, as one in three employees are now millennials, four in five are in dual-working families and one in six are

Construction starts fell 16 percent from December to January, according to the latest Census Bureau numbers, and were actually down 2 percent from Jan. 2013; that’s the largest year-over-year drop since Sept. 2011, and single-family housing starts are now

Though the wintry blasts of January seem to have done their worst to home sales, prices in the Chicagoland region maintained strong Home sales in the nine-county Chicagoland area chills a bit in January, falling 8.9 percent year-over-year to

The Census Bureau’s latest new construction report is not pretty, but as with all housing matters nowadays, there’s more than meets the eye. Here’s the information that you’ve likely seen, regarding the Census Bureau’s latest report on new construction

The city of Chicago put up some great numbers in 2013, but what neighborhoods performed best of all? Last year was a great one for real estate in Chicago. Not only did home sales in the city increase by

We keep hearing that housing inventory has no where to go but up…but what factors will actually cause it to increase? “Housing inventory has bottomed.” “Housing inventory will recover.” “New homes will begin entering the marketplace.” Yeah, we remember

Builder confidence had been on a tear through 2013, but it seems to have hit a road block in 2014. Builder confidence fell precipitously in February, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

Has price per square foot continued its 2013 ascent in the New Year? Many things occurred in the housing market in 2013, but perhaps the most notable was the marked ascent in home prices and the price per square

Homebuilding in Chicagoland made major strides in 2013; what homebuilders were leading the charge? Chicagoland’s new-home marketplace made considerable strides in 2013. With 4,404 new home contracts signed, Chicagoland saw a 27.0 percent increase from 2012, according to analysis

Christine Lutz has been named director of residential brokerage at Kinzie Real Estate Group, announced Steven Maher, managing broker for Kinzie Group. “Christine is a very well known and respected professional in the Chicago real estate market, and we’re extremely privileged to have her

With inventory low and showing no signs of improving, what can agents do to distinguish their clients? Chicago started out 2014 with another double-digit decline in housing inventory, and such low supply in a recovering housing market can only

Magellan Development Group has announced the completion of sales of its nine unique tri-level Aqua Parkhomes in Lakeshore East. Designed by Jeanne Gang of Studio Gang Architects, the townhomes are situated at the base of the Aqua tower and

In 2012, Fannie Mae met the Federal Housing Finance Agency’s goal to reduce multifamily volumes by ten percent, achieving a 95 percent of total volume capacity. Now in 2013, Fannie Mae has been able to provide $28.8 billion working