Declining foreclosure activity and strengthening home sales contributed positively to home prices in October, with FNC’s latest Residential Price Index increasing 3.7 percent year-over-year for the month. In addition, the Residential Price Index was up 0.4 percent from September

It’s official: it appears the mortgage interest deduction is now in play when it comes to the fiscal cliff debate. President Barack Obama signaled that the interest deduction may go away unless Republicans agree to increase taxes on higher

According to the Trulia American Dream survey, consumer optimism about homeownership is improving, with one in four consumers feeling more positive about homeownership than they did six months ago, and one in three renters planning to buy a home

By Peter Ricci The American Enterprise Institute strikes again! After being one of the first major research firms to call the Federal Housing Administration’s (FHA) finances into question, the Institute has published another analysis of the FHA’s books, and

By Peter Ricci Some of the nation’s top homebuilders, including PulteGroup and Lennar Corp., are finding a substantial revenue stream from an unlikely source – mortgage lending. Both builders, reports Bloomberg, have seen sizable returns from their in-house mortgage

New Prices, New Seller, Same Great Location! Ideally situated at the southeast corner of Chicago’s Lake View neighborhood, just north of Lincoln Park, is 2930 North Sheridan Road. The building features one and two bedroom, tastefully remodeled residences along

The precipitous decline of mortgage interest rates has been one of the major stories in real estate in 2012, but recent actions by the Federal Reserve has some thinking that rates could fall even further in

The Chicago Association of Realtors (CAR) Board of Directors approved an additional $15,000 contribution to the Realtors Relief Foundation in the wake of Hurricane Sandy. This brings the association’s total contribution up to

In the last few years, there have been some big changes in Cuba. Fidel Castro is no longer in power, having passed the baton to his young brother Raul; citizens are allowed to purchase cell phones; and now, a

In its latest American Dream Survey, real estate website Trulia found that 93 percent of millennials who rent plan to purchase a home some day, and 72 percent of the entire demographic consider homeownership to be part of their American

A new report from the Wall Street Journal is validating what many have been suspecting for months – President Obama is planning on replacing Acting Federal Housing Finance Agency Director Ed DeMarco by early next year, and probably with someone

The for-sale-by-owner (FSBO) market is one of untapped potential, like an oil reserve that real estate agents haven’t quite reached yet. After all, these are consumers who are looking to sell their homes, but are not seeking the expertise

Despite the continued economic uncertainty involving the fiscal cliff, consumers are increasingly confident about the U.S. housing market, as Fannie Found in its National Housing Survey for

The Multifamily Production Index, the National Association of Home Builder’s (NAHB) measure of builder sentiment in the apartment/condominium market, was positive again in the third quarter with an index level of 52. That’s the third straight quarter that the Multifamily

A real estate agent was sexually assaulted last Friday in Hammond, Indiana at a house showing, where she was scheduled to meet two prospective clients. Police Lt. Richard Hoyda said someone called the woman’s office and gave her false

Completed foreclosures declined 17 percent year-over-year in October, as the strengthening housing market and the National Mortgage Settlement continue to improve the mortgage