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Chicago home prices rose 6.1 percent in May, inventory was at its highest level in more than two years and sales rose nearly 11 percent from the same time last year. After a run of double-digit price growth, appreciation slowed as more[...]

Sales Growth Slows as New Listings Drop by 1.8 PercentBoston Homes Sold Twice as Fast in May than in AprilSan Francisco Home Prices Soar 25% From Last YearHomes sold at their fastest pace in nearly two years, with the typical property on the[...]

Last week, Federal Reserve Chair Janet Yellen used the word “gradual” seven times in a single hour. That’s secret Fedspeak signalling that interest rates probably will rise… gradually. Meanwhile, houses are selling record[...]

The rate of homeownership in the U.S. has been falling since 2005. Homeownership in the first quarter of the year fell to its lowest level since 1989, to 63.8 percent, the Census Bureau reported. The last time the ownership rate was this[...]

The profits keep coming at Fannie Mae and Freddie Mac, the government-backed companies that work their financial magic so folks like us can get 30-year, fixed-rate mortgages. This week, Freddie said it made $524 million in the first three[...]