According to the National Association of Realtors (NAR), the number of existing home sales across the U.S. has risen 3.7 percent between February and March. The numbers are still lower than they were a year-ago due to buyers having

In Chicagoland in March 2011, 5,324 single family homes and condos were sold, signaling a 41.3 percent increase over February 2011, according to the Chicagoland Primary Metropolitan Statistical Area (PMSA). Those numbers are reflected in the higher cost of

According to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey, the number of applications for mortgages increased by 5.3 percent from last

Home construction may still be at low-levels, but the market is improving with 549,000 new housing starts in March of this

Real estate site Zillow, Inc. officially announced that it is selling its common stock. The company filed a registration statement with the SEC for an initial public offering (IPO) today. This long-awaited announcement does not include the number of

Real estate investors now play a critical role in the housing market recovery. They account for one million homes sold in the U.S. in 2010, according to the National Association of Realtors

Sales expectations for homebuilders dropped in April 2011, as reported by Bloomberg today. The National Association of Home Builders/Wells Fargo sentiment index is currently at 16, a drop of one point since March, which reflects a poor outlook for

Richard C. Davis, a South Carolina real estate broker with a specialty in flipping homes, won a $4 million court appeal against A&E’s “Flip This House,” a TV series he appeared on during its first

Developer John Buck is feuding with the board of his East Lake Shore Drive co-op. The issue at hand is how big Buck’s unit in the 10-story, 13-unit building, which is east of the Drake Hotel on one of

A new bill introduced earlier this week aims to change long lender delays with short

Enterprise announced the grand opening of its Chicago office, located at 230 West Monroe Street in downtown Chicago. With this office, Enterprise is expanding its Midwestern presence to continue providing investment capital to create affordable housing. Enterprise’s Chicago staff

RealtyTrac released yesterday its U.S. Foreclosure Market Report for the first quarter of 2011, which shows foreclosure filings were reported at a 15 percent decrease from the previous quarter and a 27 percent decrease from the first quarter of

Federal bank regulators yesterday announced settlements with the nation’s largest mortgage lenders for unethical foreclosure practices that were identified in 2010

Amidst one of the worst economic recessions in American history, a recent telephone poll conducted by the Pew Research Center shows that the majority of Americans still place a great deal of value in their

According to local builders, recent research shows buyers have less need for this traditional space. Couple that news with the fact that home sizes are shrinking, and the trend toward homes that are losing the living room just makes

Mortgage applications decreased from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 8,