The total value of the 2023 US housing market increased a record-breaking 5.3% to $47.5T. The gains were concentrated in markets across the Midwest and Northeast
Illinois-based Dovenmuehle, which collects monthly payments from homeowners in all 50 states on behalf of lenders and investors, is trimming staff at Lake Zurich HQ but not closing down
Nationally, more than 15% of homesellers dropped list prices in July across the 97 metro areas analyzed by Redfin, with Boise, Denver and Salt Lake City seeing the greatest share of cuts
More sellers dropped their asking prices in June almost everywhere in the US. In some places, more than half of homes for sale saw a cut
Home sales were up 24% in October from the previous year on a seasonally adjusted basis, the largest increase since Redfin started tracking the data in 2012
Real Trends ranks top agents and teams for sales volume and transactions
More renters earn high incomes and spend 30 percent on rent
Illinois didn't see a big improvement in mortgage defects
In the coming year, home prices may not fluctuate a ton
Single-family starts concentrated primarily in the suburbs of Chicago.