Keller Williams announced that they will continue to operate unimpeded in the Chicago-area. This news comes in the wake of a franchise owner’s recent decision to sell the assets to four of their Chicago-area offices to Coldwell Banker last

After reaching positive territory for the first time in three months in November, the Architecture Billings Index (ABI), one of the leading economic indicators of construction activity, has now scored two straight months of positive numbers, according to the most recent

The National Association of Home Builder’s Housing Market Index (HMI) rose four points in January to 25, the fourth consecutive month of gains and the highest level for the index in more than four years. Bob Nielsen, the chairman

Mortgage applications and refinancings exploded with activity last week, with the financial options increasing by 23.1 percent and 26.4 percent from the week before, respectively, according to the latest data from the Mortgage Bankers Association (MBA). Refinancings continued to

Chicago-based architectural firm Skidmore, Owings & Merrill LLP has designed a 30-story operable window for the Greenland Group Suzhou Center, a 70-story building project in Wujiang, China.  

Numerous studies and reports have been issued in the last two weeks on foreclosures, and all seem to reach the same consensus – though there was a decline in foreclosure filings in 2011, inventories are not only a present

We reported last week on rumors that the government is planning a bulk sale program for its REO properties, a long-awaited initiative that would unload the roughly 250,000 properties in several large-scale fire sales with investors, who would maintain the properties

The appraisal process is one that has received continuous coverage in media outlets, ours included, namely in how appraisals often result in lower home values than the deals brokered by agents – and which often cancels the sale. A

A new report from Fannie Mae predicts optimistic home sales data for 2012,with forecasts projecting in new home sales a rise of 10.4 percent and for existing-home sales an increase of 3.5 percent, or, 4.74 million units, for the

Oak Park trustees unanimously approved the addition of a 20-story apartment building at the corner of Lake Street and Forest Avenue in the heart of the city’s downtown area. The trustee’s 7-0 vote overrode the Oak Park plan commission’s

RE/MAX Premier Properties announced the addition of Hasani Steele, a member of Chicago Association of Realtors Top 1 percent. Previously affiliated with @properties, Steele joined to RE/MAX Premier Properties at 1205 N. Dearborn Pkwy. in

A column recently published in the Chicago Tribune has called attention to one of the more understated – and successful – tax provisions passed by Congress in the wake of the housing bust, and the dangers posed by its Dec.

We’ve officially entered the home price index season for the month, and it seems like every day a new index is released with vaguely similar findings on the state of the housing market. CoreLogic’s Home Price Index (HPI), though,

More Americans interviewed by Fannie Mae for its national housing survey are optimistic about their financial prospects and the housing market in the coming year. Most respondents believe home prices will edge up at least 0.8 percent over the

As we look back at 2011 and forward to 2012, it makes sense to plan out the year according to the rhythms of the industry. Year over year, it seems that the busiest months for each phase of the

By Bill McBride Construction employment increased by 17 thousand jobs in December, and is now down 2.18 million jobs from the peak in April 2006. Total construction employment increased by 46 thousand jobs in 2011. This was the first