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More stories about Chicago-Naperville-Joliet, IL-IN-WI

Top 10 Markets for New Residential Construction

Housing starts numbers out today surprised many observers with its strength at the highest in eight months, but Metrostudy finds it to have been in line with actual counts released earlier this month. Metrostudy chief economist Brad Hunter breaks down the New Residential Construction release from the Census, including a look at the top ten markets leading in growth in quarterly starts.

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Getting a Grip on Why People Who Ought to Refinance Don't

CoreLogic chief economist Mark Fleming looks at a paper by Benjamin J. Keys, Harris School of Public Policy, University of Chicago; Devin G. Pope, Booth School of Business, University of Chicago; and Jaren C. Pope, Department of Economics, Brigham Young University. Their "Failure to Refinance" examines how borrowers who fail to refinance their mortgages when interest rates decline can lose out on substantial savings.

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