News / Features

Homebuilder Stocks Hit Highest Point in Two Years

Investors say they are  “cautiously optimistic,” about the housing market as home builder stocks have hit their highest point in two years after a six month rising period. According to an article by the New York Times, the market

Kitchen Trends: What’s on the Menu for 2012?

By Amber Statler-Matthews The top kitchen trends for this year are more choices with kitchen design and accessories, clean and contemporary design, energy efficiency, technology and new materials. “How central the kitchen has become in our lives and our

The Power of Design

By Stephanie Sims Buyers can’t always visualize themselves living in newly constructed spaces. Often, buyers are looking at completely bare spaces, not even a model unit. But model units, decorated to appeal to the targeted buyer, can make a

Resales vs. New Construction: What is Selling?

Not all new construction gets listed in Midwest Real Estate Data (MRED), but according to LeapRE, 0.9 percent of the listings in MRED in 2011 are new construction listings, and 41.9 percent of those have sold or gone under

Predictions in Construction with a Hint of Optimism

By Peter Ricci Economic analysis is among the more unforgiving fields of study in the wide world of

Will Koenig & Strey’s New Fee System Set a New Precedent?

Koenig & Strey made considerable waves on March 21 when it announced that it would implement a new fee-based system for buyers and renters starting April 2, a first for a major Chicago-area

Homebuyers Headed to Smaller Homes in Bigger Cities

A recent study shows that new homebuyers are finding small living spaces in urban areas more attractive than in previous years. According to an article by Housing Wire the Urban Land Institute of North Texas’ executive vice president of policy

New Home Sales Increase 11.4 Percent From 2011

For the second month in a row, new home sales were down monthly but up yearly, increasing 11.4 percent from February 2011 but decreasing 1.6 percent from January 2012’s revised rate of 318,000, according to data just released today

Demand Remains High for Design Services in February

The Architecture Billings Index (ABI), a leading economic indicator of future construction activity, reported positive numbers yet again in February, marking the fourth straight month that the index has been in such territory, according to the most recent press release from the American Institute of

CoreLogic Brings Shadow Inventory Into the Light

Research firm CoreLogic released its latest residential shadow inventory study yesterday, reporting that the ever-nebulous sector of housing in January 2012 stood at 1.6 million units, or a six months’

Construction Start-ups the Latest Indicator of an Industry Recovery

The news cycles have been been abound with positive developments in construction the past couple weeks (and we’ll have a new issue on construction out on Monday), but the Wall Street Journal has just reported on perhaps the most encouraging detail of all

Are Mortgage Rate Scares Overblown?

The continuing decline of mortgage rates was a welcome sign of consistency in an increasingly chaotic market. Amidst foreclosures, settlements, REOs and shadow inventories, we all seemed to grow comfortable with the fact that come Thursday, Freddie Mac would

The Shifting Foreclosure Landscape

Two developments in the foreclosure market this week, one involving completions and the other construction, have shown that housing is slowly but surely working its way through the distressed inventories that have long plagued the

February Existing-Home Sales Up 8.8 Percent over 2011

Existing-home sales continued their strong year-over-year increases with the latest data for February, as sales rose 8.8 percent from last year to a seasonally-adjusted annual rate of 4.59 million, according to the National Association of

Chris Lambrou named Finalist in SearchCIO Leadership Awards

SearchCIO, a source for midmarket-specific technology designed to help IT leaders with the ever-changing demands of managing IT at fast-growing midsized enterprises, has announced finalists for its 2012 Information Technology Leadership Awards. Midwest Real Estate Data (MRED’s) Chris Lambrou,

New Fees in Store for Koenig & Strey Clients

According to a breaking report from the Chicago Tribune, potential buyers and renters will have to deal with new fees from Koenig & Strey Real Living starting April

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