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Los Angeles Now Least Affordable Housing Market in U.S.

Los Angeles Now Least Affordable Housing Market in U.S.

San Francisco, which has been the nation's least affordable housing market for nearly five years, was supplanted by Los Angeles in the third quarter of 2017. Read More »


 Metro Home Prices Up 5.3 Percent Annually in U.S.

Metro Home Prices Up 5.3 Percent Annually in U.S.

According to the National Association of Realtors, severely lacking housing inventory levels across the country pinched sales growth and kept home prices rising at a steady clip in nearly all metro areas in the third quarter of 2017. Read More »

Three of Four Vacant Residential Properties in U.S. are Investment Homes

Three of Four Vacant Residential Properties in U.S. are Investment Homes

Nearly 1.4 million (1,367,793) U.S. residential properties (1 to 4 units) were vacant as of the end of the third quarter of 2017 -- representing 1.58 percent of all U.S. residential properties. Read More »

Global Stock of Investable Commercial Real Estate Stands at $27.5 Trillion

Global Stock of Investable Commercial Real Estate Stands at $27.5 Trillion

According to CBRE, Tokyo, New York and Los Angeles are the world's largest commercial real estate investment markets, with the global stock of investable commercial real estate assets standing at $27.5 trillion. Read More »


Click here to search for International Property Listings in Chicago.

Global Property Spotlight

Harbor Place at Safety Harbor, The Jewel of Tampa Bay

Harbor Place at Safety Harbor, The Jewel of Tampa Bay

The town of Safety Harbor is a secret little hideaway known as the Jewel of Tampa Bay. Safety Harbor is neighbored by the major city of Clearwater, Florida. Read More »

Last Updated November 10, 2017 9:00 AM ET

Chicago Property News

According to the National Association of Home Builders/Wells Fargo Housing Market Index, U.S. builder confidence in the market for newly-built single-family homes rose four points to a level of 68 in October 2017. This was the highest reading since May 2017.

According to Freddie Mac's latest Primary Mortgage Market Survey, the average U.S. mortgage rate remaining largely unchanged from last week's year-to-date low.

According to the National Association of Realtors, existing-home sales in the U.S. pulled back in July 2017 as large declines in the Northeast and Midwest outweighed sales increases in the South and West.

According to Zillow, nearly one in 20 residential ZIP codes in the U.S. meets the definition of a $1 Million Neighborhood, meaning at least 10 percent of the homes there are worth seven figures or more.

According to the U.S. Department of Housing and Urban Development and the Commerce Department, nationwide housing starts fell 4.8 percent in July to a seasonally adjusted annual rate of 1.16 million units.

The headstrong supply and demand imbalances in much of the United States slightly tempered the pace of sales and caused home prices to maintain their robust growth in the second quarter of 2017.

According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) released this week, rising U.S. home prices offset a quarter-point drop in mortgage interest rates to move housing affordability slightly lower in the second quarter of 2017.

According to the National Association of Home Builders/First American Leading Markets Index, nearly 300 U.S. housing markets posted an increase in economic and housing activity.

According to Freddie Mac's latest Primary Mortgage Market Survey, the average U.S. mortgage rate dropped in mid-July, after two straight weeks of increases.

According to new consumer spending analysis from the National Association of Home Builders, newly minted homeowners are helping drive a healthy U.S. economy. In their first year of ownership.

According to the fourth annual Green Building Adoption Index study by CBRE and Maastricht University, after placing second last year, the Chicago market claimed the top spot with 66 percent of its space qualified as green certified.

According to Freddie Mac's latest Primary Mortgage Market Survey, the average 30-year fixed mortgage rate in the U.S. dropped to a new 2017 low in late June.

According to the National Association of Realtors, existing-home sales rebounded in May following a notable decline in April, and low inventory levels helped propel the median sales price to a new high.

Mortgage applications for new home purchases increased 15 percent compared to May 2016. Compared to April 2017, applications increased by 4 percent relative to the previous month.

According to Freddie Mac's latest Primary Mortgage Market Survey, the average mortgage rates hitting their lowest mark of the year in Mid-May 2017. 30-year mortgage rate fell 7 basis points this week.

Changing demographics brought forth by immigration and growing interest from foreigners are positioned to bolster home sales activity and prices.

Renters are starting to look for cheaper housing options outside downtown cores, prompting rent payments to rise faster in the suburbs than in urban areas.

According to Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed mortgage rate remained around four percent for the fifth consecutive week in mid-May 2017.


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