It’s no mystery that Chicago is taking a little bit longer to recover from the housing downturn than most cities, but five specific markets are doing just fine. The Chicago housing market in the last year has been somewhat of

You may think real estate in your market is pricey, but new research from Knight Frank finds that with one exception, the U.S. has got nothing on the international real estate scene. The real estate market in New York

Though the housing market is finally hitting its recovery stride, a University of Utah researcher suggests another housing crash will take place in 2020, and from a most unlikely source – senior citizens. Early last year, the housing market

The combination of low housing inventory and rising home prices is creating a big boost in activity among 2013’s potential homebuyers, Redfin finds. The current housing market is certainly an interesting one. Though numerous sectors of the housing market

Residential construction suffered a heavy blow when the housing market collapsed in 2008, but it’s showed definite signs of recovery in recent months. Few industries suffered more setbacks than residential construction during the housing downturn; the last couple months,

Although the construction industry seems to be rebounding, builders are having a tough time finding the right workers for the available jobs. Few areas of the economy were more affected by the economic downturn than the construction industry. Through

The U.S. Census Bureau and the Department of Housing and Urban Development jointly announced January 2013 residential construction statistics: BUILDING PERMITS  Privately-owned housing units authorized by building permits in January were at a seasonally adjusted annual rate of 925,000. 

This month, Builder Online revealed the results from its annual State of the Industry survey: the construction market is on the rebound. However, when the publication broke down the data, what it found was builders are finally feeling an

The nation’s largest homebuilders, including D.R. Horton, Ryland Group and PulteGroup, reported a very promising fourth quarter, offering a strong confirmation that the U.S. housing construction sector has turned the corner. D.R. Horton, for instance, the nation’s largest homebuilder,

Americans’ price expectations have increased to a record high, according to Fannie Mae’s February 2013 National Housing Survey results, while views on their personal financial situation, household income and the direction of the economy fell or remained

It’s become the eternal question in real estate – when oh when will lending standards ease up? Though the housing market has put up some of its strongest numbers since 2006, the mortgage markets, from the perspective of many

The number of foreign-born homeowners in the U.S. is expected to rise more than 16 percent and hit 2.8 million by 2020, according to new research sponsored by the Mortgage Bankers Association’s Research Institute for Housing America. According to the

Related Midwest, which is redeveloping three buildings in the former Museum Campus neighborhood currently, announced it will launch its own brokerage. The new firm, Related Realty, is expected to launch by early next month and will compete with other

A local real estate firm has announced a buy out and expansion to better serve their growing client base. The Prudential office in downtown Barrington is now Prudential Visions Realty. Broker/Owner Jen Ortman has broken her office off from the Prudential

The CoreLogic Home Price Index put up its best numbers in nearly seven years in January, with national home prices rising 9.7 percent year-over-year. That’s the 11th consecutive month of of home price increases, and the largest yearly increase

Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service (MLS), announced that support for MREDpalooza, the real estate tech expo event of 2013, has already started flowing in. Product vendors and service providers are seizing the opportunity to participate