Illinois home sales increased 25.3 percent over previous-year levels in April, and the market looks to be in good shape, according to the spring numbers from the Illinois Association of Realtors. Statewide, home sales (including single-family homes and condominiums)

It doesn’t matter whether your next transaction is a short sale or an equity sale: if the subject property is part of a homeowners association, you may be in for a rude awakening. That’s right: homeowners associations are becoming

With demand high and supply low, homes are pending at an alarmingly quick rate nationwide; but what’s the scenario like in Chicago? It’s a classic case of supply and demand: demand for homes, on account of record low interest

Buying a home has become more manageable and expected to stay this way for 30 more years The latest studies are showing that buying makes more sense financially than renting, according to the KCM Blog. The latest Existing-Home Sales

The Pending Home Sales Index was up more than 10 percent in April, rising to its highest mark since the expiration of the first-time homebuyer tax credit. April was a solid month for pending home sales, with the Pending

In another sign of continued recovery for the real estate sector in Chicago, RE/MAX Plaza has plans to open a new office in Woodstock, Illinois, according to a recent Chicago Tribune Article. RE/MAX already owns two offices in McHenry

Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service (MLS), has announced that RESAAS is sponsoring and attending MREDpalooza as a ZAP! level Sponsor. RESAAS provides a social network designed to allow real-time updating of property listings as well

The “wage gap” is among the more prominent topics in gender equality, and new Census Bureau numbers suggest real estate has an issue with the topic. The “wage gap,” which addresses the difference in pay that men and women

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Though Chicago home prices did not show much change from February to March, they appear to be making yearly headwinds. Though home prices in Chicago were flat from February to March in the latest Case-Shiller Home Price Indices from Standard

Memorial Day weekend officially starts today, and many people will be out vacationing; what vacationing communities, though, are the most popular? Memorial Day weekend is finally here, and numerous families will be taking advantage of the holiday to travel

Immigration reform has been a hot topic the last month or so, though the politics of the issue obscures one main fact: that immigration is good for housing! U.S. immigration policy has always been among the more prominent issues

Some overzealous folks have begun throwing around the “bubble” word in their coverage of the current housing market, but such statements are way off. Home prices on the national scale have been doing quite well in recent months; in

New home sales in April increased from last March and exceeded economists’ expectations New home sales for the month of April were at a seasonally adjusted annual rate of 454,000, up 10,000 from last March, according to the latest

Combined sales of the biggest Chicago brokerages jumped 27 percent from 2011, according to a report by research and publishing firm, REAL Trends Inc. Coldwell Banker, Baird & Warner, @properties, Prudential Rubloff Properties and Koenig & Strey Real Living

Though existing-home sales posted yearly and monthly increases in April, they were held back by low housing inventory and tight lending standards…or so we’re told! Existing-home sales in April may have increased 0.6 percent from March and 9.7 percent