Archive for Housing recovery

Consumer Confidence on Housing Reaches All-Time High

Consumer Confidence on Housing Reaches All-Time High was originally published on Chicago Agent Magazine, the leading source for news and perspective for real estate professionals in the Chicagoland area.

Consumer sentiment towards the housing market reached an all-time high in the Fannie Mae…

Consumer Confidence on Housing Reaches All-Time High was originally published on Chicago Agent Magazine – For the well-informed real estate professional, the leading source for news and perspective for real estate professionals in the Chicagoland area.

June 13, 2013 | Author: admin | Comments: Comments Off | Categories: Chicago Real Estate News, Economy, Economy AOI, Featured

Distressed Properties Aside, Prices Are Improving in Chicago

The latest home prices report hints to Chicago new homes buyers that the market is still favorable, but it’s really in how you look at the numbers. According to the CoreLogic Home Price Index released this week, U.S. home prices increased 4.6 percent in August of this year compared to August of last year, marking [Read More]

October 03, 2012 | Author: Tracey | Comments: (0) | Categories: Chicago Real Estate News, Economy

More Positive News for Chicago New Homes Construction

Construction spending in August dropped by more than it has in over a year, but that doesn’t mean the national and Chicago new homes markets aren’t improving. According to the Commerce Department, construction spending in the U.S. fell for the second straight month in August to a seasonally adjusted annual rate of $837.1 billion. The [Read More]

October 02, 2012 | Author: Tracey | Comments: (0) | Categories: Chicago Real Estate News, Economy, New Homes

Chicago Housing Market Moving Toward Recovery

With every new housing stat that comes out, it seems the Chicago real estate market is on the mend. Last week we reported that August sales of real estate in Chicago were higher than they have been in almost five years. This week, it’s positive news on home values. According to the Standard & Poor’s/Case-Shiller [Read More]

September 27, 2012 | Author: Tracey | Comments: (0) | Categories: Chicago Real Estate News, Economy

Chicago Homebuyers Returning to the Market

More Chicagoland homes were sold last month than in any other month over the past five years. According to the Illinois Association of REALTORSĀ®, home sales in the Chicago metropolitan area surged 28.5 percent in August compared to the same month the previous year. The 9,240 homes sold last month marked the best month for [Read More]

September 19, 2012 | Author: Tracey | Comments: (0) | Categories: Chicago Real Estate News, Economy

New Home Construction Spending Up 40 Percent Since Recession

After the housing market hit bottom, less U.S. and Chicago new homes were built as homeowners instead began improving the ones they already had. It seems that trend may have ended. U.S. construction spending from June to July fell by 0.9 percent, the Commerce Department said Tuesday. After three straight months of gains, the decrease [Read More]

September 05, 2012 | Author: Tracey | Comments: (0) | Categories: Chicago Real Estate News, Economy, New Homes, Remodeling
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