Though NAR’s latest existing-home sales report was, for all intents and purposes, quite positive, it reaffirmed that problems lie with inventory and prices. The latest existing-home sales report from the National Association of Realtors (NAR) was quite positive, with

MREDpalooza was a super-success! That was the consensus of the attendees, sponsors and exhibitors as told to the staff of Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service (MLS), host of the event. MREDpalooza, which took place on

May was a very strong month of real estate for the city of Chicago, with both home sales and home prices posting great gains. Home sales in the nine-county Chicago Primary Metropolitan Statistical Area rose 29.3 percent in May year-over-year

May was another sterling month for new construction, with housing starts rising by nearly 30 percent from the year before. The U.S.’ new construction marketplace continued to recover in May, with housing starts rising 28.6 percent year-over-year to a

The National Association of Hispanic Real Estate Professionals (NAHREP) installed several new members to its board of directors. It was held at the clubhouse in Oak

The National Association of Home Builders’ Housing Market Index hit a major milestone in June, passing the holy 50 threshold. June was a banner month for homebuilders, with the National Association of Home Builders’ Housing Market Index, the key

Housing inventory seems to be picking up on the national stage, but what about specific metro areas, like our beloved Chicago? The nation’s housing inventory has been one of the most hotly followed aspects of the housing market in

The latest Mortgage Marvel survey revealed that young Americans are interested in homebuying this year, and men are more likely to show interest than women. Even though mortgage rates increasing, it is not stopping young Americans from expressing an

Mortgage rates may have increased by 0.5 percentage points percent in the past month, but buying a home is still less expensive than renting. Even though there has been a recent increase in mortgage rates (the 30-year fixed rate over

It’s a classic case of supply and demand: demand for homes, on account of record low interest rates, is extremely high, while housing inventory, on account of skittish sellers and underwater mortgages, remains low. The result? According to the

Midwest Real Estate Data (MRED) is preparing for MREDPalooza, one of the largest MLS tech expos in the country, to come to the Chicagoland area on Tuesday, June 18. The event was created for MRED customers to learn about

According to self-storage marketplace SpareFoot, over the past 12 months, one in six Americans moved homes, with 57 percent relocating within 25 miles. The most common reason for relocation was to move into a bigger or better home (18

The classic phrase may go that beauty is only skin deep, but new research finds that skin deep may leave enough room to reap considerable benefits in the world of real estate. According to a new study conducted by

REAL Trends Inc., recently released its annual REAL Trends 500, a list of the 500 largest and most productive real estate brokerages in the United States. Several of Midwest Real Estate Data’s (MRED) member companies were cited as being

The economic growth we’ve seen this year shows a slow but upward recovery in housing, exceeding the expectations of economists Economic growth is expected to gradually increase in the second half of 2013 and into 2014, according to the

The negative equity situation continued to improve by wide margins in the U.S. housing market, according to CoreLogic’s latest research. The U.S. housing market’s equity situation continued to improve in 2013’s first quarter, with roughly 850,000 homes returning to