Posts tagged "housing costs"

Despite Falling Home Prices Housing Costs Have Gone Up

With the steady stream of news that home prices continue to plunge in the Chicago area many buyers are waiting to find the bottom. Just yesterday the Case Shiller home price index for Chicago came out and it showed that area home prices have fallen for the 7th month in a row and continue to... Read more »

Did You Just Miss The Lowest Housing Costs In 23 Years?

All the news stories and even this blog tend to focus on either home prices or mortgage rates. But in reality what we should be focusing on is the cost of owning a home, which combines the effect of both the price of a home and the cost of the mortgage on that home. So... Read more »