Why do some consumers rent and not own? New survey results suggest that the answer to that question is not a straightforward one. They have insufficient savings or too much debt; they do not have enough income; they have

Cash sales, while still a prevalent portion of total sales, continue inching closer and closer to pre-crisis levels, according to CoreLogic. Cash sales continue ebbing closer and closer to pre-crisis levels, according to CoreLogic’s recent June sales report. Nationally,

Everyone knows that newly built single-family homes have become quite pricey, but the exact numbers are still eye-opening. We’re no strangers to the rising costs of new homes, here at Chicago Agent. Every month the past few years, we’ve been

As things stand, Baby Boomers could be facing a serious housing crunch as they continued moving into retirement. The increasing difficultly Millennials face on the path towards homeownership has been a popular subject in the real estate industry as

Asking prices continued their ascent in August, according to new numbers from Trulia. Asking prices in the Houston area rose 10.4 percent year-over-year in August, according to the latest Price Monitor from real estate website Trulia. That gave Houston some of

We’ve made considerable headway into repairing the damaged caused by the first mortgage crisis, but another one could be right around the corner. One of the more frustrating aspects of economics is the innate difficulty in assessing and predicting

Though overall housing inventory is showing signs of recovery, it’s not progressing in a way that helps first-time homebuyers. According to the National Association of Realtors, 2014 has been a very good year for housing inventory. After falling precariously

$1 million is a hefty chunk of change, but new data shows that it goes much farther in some metro areas than in others. How much is $1 million, in the grand scheme of things? According to some very interesting

Home prices continue rising, CoreLogic finds, but the geographic drivers of the increases may be shifting. Home prices continued to show signs of improvement in July, according to the latest Home Price Index report from CoreLogic. Nationwide, home prices, including

Autumn has traditionally been a slow selling season, but Redfin analysis suggests that may not be the case in 2014. #dv520008 / gettyimages.com It’s a seasonal trend as tried and true as any in American business – the strong

Residential construction was basically flat in July, though it remains ahead of 2013’s pace. #175431498 / gettyimages.com Residential construction spending through July was at a seasonally adjust annual rate of $358.1 billion, a 0.7 percent increase from June, according

Negative equity persists in today’s housing market, but its impacts are not equally felt in every price point. #471456425 / gettyimages.com Earlier this week, we reported on new findings by Zillow that a whopping 42.6 percent of Generation X

Construction spending has been soaring in Houston, but it cooled off a tad in July. #175937445 / gettyimages.com Residential construction spending in the Houston region totaled $758 million in July 2014, a 14 percent decline from last year, according to the latest stats from

Pending home sales rose for the fourth time in five months, according to the National Association of Realtors. #143058853 / gettyimages.com Pending home sales rebounded in July, rising 3.3 percent from June according to the latest data from the

$1 million sure goes much farther in our local housing market! #200433899-001 / gettyimages.com In our housing market, as well as scores of others across the U.S., $1 million is a hefty sum of money, one that awards potential

The U.S. housing market has been in recovery mode the last two years, and despite gains, some areas remain in dire straights. #sb10064219d-001 / gettyimages.com If the real estate industry can be thought of as its own world, then