Category: Market updates
Mortgage rates climb as economy grows
As the economic picture has brightened and inflation has become a possibility, mortgage rates have continued to climb. The average 30-year fixed-rate [...]
Mortgage rates rise with jobs
The average 30-year fixed-rate mortgage stood at 5.79 percent this week, up significantly from last week, when it averaged 5.52 percent.
"The bond ma [...]
Housing starts down in Feb.
Unusually cold and wet weather in the South and West helped cool the national pace of new-home construction in February.
Housing starts slipped to a s [...]
Realtors cater to growing Latino market
The U.S. Census Bureau estimates that America's Latino population will near or even pass the 40 million mark by the year 2005, giving the U.S. the sec [...]
Mortgage rates remain low
The average 30-year fixed-rate mortgage stood at 5.59 percent this week, nearly unchanged from last week, according to Freddie Mac's Primary Mortgage [...]
Mortgage rates remain low
The average 30-year fixed-rate mortgage remained stable this week, at 5.58 percent, according to Freddie Mac's Primary Mortgage Market Survey.
"Financ [...]
Bungalows get historic tax break
They're not glamorous, but there's certainly something romantic about Chicago bungalows, the stocky working-class homes that account for up to one-thi [...]
Home resales fall 5% after record levels
Sales of existing U.S. homes fell 5.2 percent in January to a seasonally-adjusted annual rate of 6.04 million units from a downwardly revised level of [...]
Sales of new homes down slightly
Sales of new homes slowed slightly in January, due largely to inclement weather, but still beat analysts' forecasts.
Sales of new single-family homes [...]
Mortgage rates near record lows
The average 30-year fixed-rate mortgage dropped to 5.58 percent, its lowest level in seven months this week, according to Freddie Mac's Primary Mortga [...]
Housing starts fall in bad weather
U.S. housing starts fell 7.9 percent in January, to their lowest levels since August in part because of inclement weather.
Residential construction s [...]
Mortgage rates remain steady
Mortgage rates inched up slightly this week, with the average 30-year fixed-rate at 5.72 percent, compared to 5.68 percent last week, according to Fre [...]
City proposes downtown zoning reforms
The city is proposing some progressive measures that would spur affordable housing and address traffic congestion as part of an overhaul of Chicago's [...]
Lakefront Place condos two-thirds sold
January is not a warm month in Chicago - whether you're talking about temperatures or real estate - but tell that to Teri Lind, of Inland Great Lakes. [...]
Rental market shows slight improvement
Downtown's luxury apartment market showed a slight improvement during the fourth quarter, according Appraisal Research Counselors, though landlords ar [...]
Mortgage rates rise slightly
The average 30-year fixed-rate mortgage averaged 5.68 percent this week, up slightly from 5.64 percent last week, according to Freddie Mac's Primary M [...]
Sales up in Illinois in 2003
Sales of existing homes rose 5.5 percent in Illinois last year over 2002, according to the Illinois Association of Realtors.
The trade group recorded [...]
Home sales break record in '03
Sales of new single-family homes topped one million units in 2003, establishing a new record high for the third consecutive year, according to the U.S [...]
Crain's: sales rose fastest at Fordham
The Fordham Company posted the largest increase in housing units sold in a new ranking of the area's top 25 home builders by Crain's Chicago Business. [...]
Mortgage rates remain low
The average 30-year fixed-rate mortgage remained low this week, falling to 5.64 percent, down from 5.66 percent last week, according to Freddie Mac's [...]