Real estate firms have overwhelmingly cited housing affordability as their greatest challenge, according to the 2025 Profile of Real Estate Firms published by the National Association of Realtors (NAR). The new report found 56% of real estate firms identifying housing...
Mortgage application activity dropped during the week ending Nov. 14, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 5.2% on a seasonally adjusted basis from...
October’s home sales were up 3.2% year-over-year across 51 metro areas surveyed by the REMAX National Housing Report. This marks the fifth month in 2025 where sales exceeded last year’s levels. Sales were also up month-over-month, with a 1.7% upswing from...
Builder confidence in the market for newly built single-family homes rose one point to 38 in November, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Any number over 50 indicates that more builders view conditions...
A new study released by the Cook County Treasurer’s Office has determined Chicago homeowners are facing the largest property tax jump in three decades. WLS reports the city’s predominantly Black and Hispanic communities will be hit the hardest with the property tax...