The decline was not substantial, but pending contracts definitely slowed down in August. Pending home sales fell 1.0 percent in from July to August, and are down 2.2 percent from where they were in 2013. Those were the main

The recovery in housing is still heavily concentrated in higher price points, according to new NAR research. On the surface, it seems like just another report on housing – earlier this week, the National Association of Realtors reported that existing-home

Some analysts have argued that the impact of student loans is overblown, but new research comes to a different conclusion. In the last 11 years, student debt in the U.S. has skyrocketed from $241 billion to $1.1 trillion, making

Everyone keeps waiting for Millennials to jump into the housing market and save the day, but new data shows we should not hold our breath. It’s the big question on many an agent’s mind – when will Millennials take

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

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

Asking prices continued their ascent in August, according to new numbers from Trulia. Asking prices in the Atlanta area rose 13.3 percent year-over-year in August, according to the latest Price Monitor from real estate website Trulia. That gave Atlanta the seventh-strongest

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

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

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

Construction spending stumbled a bit in Atlanta in July, though it’s more an outlier than anything else. Residential construction spending in the Atlanta region totaled $304 million in July 2014, a 9 percent decline from last year, according to the latest stats from McGraw Hill

Though our marketplace has traversed quite the terrain since 2008, new data shows that it still has quite a bit of ground to cover. We report quite regularly on building permits at the national level, but how have permits

Though the U.S. has cleared through millions of underwater mortgages, a shocking number of Gen X mortgage holders are still underwater. Seventeen percent of the nation’s homeowners – aka 8.7 million – are still underwater on their mortgages, but

July’s existing-home sales data looked pretty positive, but scratching beneath the surface reveals a different perspective. It all seems so nice – in July, existing-home sales rose 2.4 percent from June to a seasonally adjusted annual rate of 5.15 million,

Simply put, without government guarantees, the percentage of first-time homebuyers would be even smaller than it already is. #181215771 / gettyimages.com In June of this year, only 28 percent of existing-home sales went to first-time homebuyers, a historically low