Local News

Housing Inventory Not in Favor of First-Time Homebuyers

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

How Much is $1 Million, Really?

$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

CoreLogic Report Examines Growing Home Prices

Home prices continue rising, CoreLogic finds, but the geographic drivers of the increases may be shifting. Home prices continued to show signs of improvement in July, according to the latest Home Price Index report from CoreLogic. Nationwide, home prices, including

Negative Equity Heavily Concentrated in Lower Price Points

Negative equity persists in today’s housing market, but its impacts are not equally felt in every price point. #471456425 / gettyimages.com Earlier this week, we reported on new findings by Zillow that a whopping 42.6 percent of Generation X

Residential Construction Remains Weak in Boston in July

Construction spending has been up and down in Chicagoland in 2014, but it bounced back in a major way in July. Residential construction spending in the Boston area totaled $439 million in July 2014, down 1 percent from last year, according

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