News / Features
According to a new study by HomeFinder.com, Winnetka is among the top suburban luxury housing markets in the nation. There’s one point for the North Shore! In its latest housing analysis, HomeFinder.com looked at suburban luxury housing markets, and
The NAHB’s Improving Markets Index has been closely tracking the housing recovery, and it put up some its best numbers yet in September. The National Association of Home Builder’s Improving Markets Index, one of the leading measures of the
The nation’s mortgage markets have improved dramatically in the last five years, but how many negative equity properties linger here in Chicagoland? More than eight million homeowners are own the verge of reaching positive equity, according to the U.S.
Taking out a mortgage in order to purchase a residential property is no longer the default choice for Cook County buyers, who along with the rest of the country are making more and more cash purchases. Last year, 46.5
Residential housing construction put up some smashing numbers in July, according to new data from McGraw-Hill. Another month, another set of data confirming the apartment boom here in Chicago. According to new analysis out from McGraw-Hill (and cited by
After decreasing the loan limits for Fannie Mae and Freddie Mac in 2011, it appears the government is prepping for another mandated decline. In an effort to further lessen the government’s role in the housing market, federal officials are
The homeownership rate has been on a steady decline the last five years, but will that trend continue? The homeownership rate has decreased in the last five years, according to Census Bureau data, and as a result, renting has
Neena Vlamis, president and co-owner of A & N Mortgage Services, Inc., was ranked in Scotsman Guide magazine as one of the Top 200 Mortgage Originators nationally and one of the Top Three Woman Originators in Illinois. Scotsman’s Guide received
Much has been written about how rising mortgage rates will impact the housing market, but now we have a glimpse at how they’re affecting consumers. The dramatic rise in mortgage rates has been the major story in housing this
The latest National Foreclosure Report from CoreLogic highlighted a number of positive developments in the nation’s mortgage markets. The nation’s mortgage markets continued to improve in July, according to the latest National Foreclosure Report from CoreLogic, with foreclosure inventory,
Asking Price growth appears to be slowing nationally, but that was hardly the case here in Chicago, according to new research from Trulia. Chicago’s for-sale market continued to outpace its rental market in August, according to the latest Price
Many people wouldn’t dare start a company in the midst of a recession, but the aggressive decision to do so by Robert J. Buford, founder of Planned Realty Group, has paid off. Now, three decades after launching PRG, his
The Hispanic population in the U.S. has grown by leaps and bounds, as has its importance on local housing markets; where are Hispanics most concentrated? Hispanics represent a growing part of the U.S. population, and are inarguably the hottest
Construction spending increased again in July, with residential construction leading the way. Construction spending in July continued its strong 2013 comeback, with overall construction activity rising 0.6 percent from June and 5.2 percent from July 2012 to a seasonally
Koenig & Strey Real Living Real Estate had a busy week before the holiday, adding a new team member to three different offices before Labor Day Weekend. According to a recent press release, Shay Hata, a Lakeview resident, joined
The nation’s home prices continued to improve in July, with the latest Home Price Index from CoreLogic posting fantastic year-over-year numbers. Home prices continued their double-digit performance in the CoreLogic Home Price Index, rising 12.4 percent year-over-year in July. That