Category Archives: residential real estate

Can you afford to live in Cleveland? How about St. Louis or Minneapolis?

by Dan Rafter How much do you have to make each year to own a home in Cleveland? What about Chicago or St. Louis? Consumer mortgage site HSH.com recently ranked the annual salaries you’d need to make to afford a … Continue reading

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ZipRealty: Chicago one of the hottest housing markets in 2014

by Dan Rafter Expect plenty of homes to sell in Chicago this year, at least if a new study by ZipRealty is to be believed. According to the real estate company, Chicago is one of the 10 metro areas across … Continue reading

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RealtyTrac: Foreclosures still driving down residential prices

by Dan Rafter Foreclosures hurt more than just those families who’ve lost their homes. They drag down the value of housing in entire neighborhoods. And that’s bad news, too, for commercial real estate professionals. Real estate professionals want confident consumers. … Continue reading

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Redfin survey: More home sellers reducing asking prices

by Dan Rafter The number of home sales might be increasing each month across the nation, but that doesn’t mean that sellers are getting the prices they want for the residences they sell. A new survey by national brokerage Redfin … Continue reading

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NAR survey: Generation X powers the home-buying market

by Dan Rafter How important are the members of Generation X? According to a new report from the National Association of Realtors, they’re driving the housing market. According to the survey, Gen X buyers make up the largest group of … Continue reading

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Will new Obama program boost housing market, economy?

by Dan Rafter We’d all like to see fewer housing foreclosures. A lower number of foreclosures would provide an additional boost to the residential housing market. This would then provide a boost to the economy in general. And that, of … Continue reading

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RealtyTrac: Foreclosure activity rises in July, but still down from a year ago

by Dan Rafter RealtyTrac’s July 2013 foreclosure report showed that foreclosures still remained a significant part of the housing market. That’s not great news for the economy. But in better news, foreclosures at least fell on a year-to-year basis, showing … Continue reading

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Fighting with the neighbors? You’re not alone

Wish your neighbors would mow their lawn more often? Maybe you don’t appreciate the 10-foot-tall fence they’ve run alongside your yard. Or maybe you just wish they’d turn down the music at 1 a.m. Don’t feel bad. You’re far from … Continue reading

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Midwest dominates list of best cities in which to buy instead of rent

Is there any debate older than the buying-vs.-renting argument? Maybe not, but that didn’t stop Forbes — the magazine that loves its lists — from wading into this long-running battle. Forbes recently listed the top 10 U.S. cities where it … Continue reading

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Mayflower survey: U.S. consumers no longer putting moves on hold

Don’t be surprised to see a moving van in front of at least one of your neighbors’ homes sometime this year. According to a new survey by moving company Mayflower, a growing number of U.S. residents say they have regained … Continue reading

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