Current Market Data

Chicago has among highest number of distressed sales in the nation
Chicago has among highest number of distressed sales in the nation

“It’s almost as if the housing market and the overall economy are operating in different worlds.” — Todd Teta, chief product officer at ATTOM Data Solutions

Existing-home sales ‘through the roof’ in September
Existing-home sales ‘through the roof’ in September

Home sales soared 20.9% year over year to 6.5 million in September, according to the National Association of Realtors.

Housing starts surge in September as builders push to meet demand
Housing starts surge in September as builders push to meet demand

National Association of Realtors Chief Economist Lawrence Yun called September’s rise in housing starts “welcome news.”

Nearly half of Chicago homes for sale face bidding wars
Nearly half of Chicago homes for sale face bidding wars

“The slight decline in bidding wars (nationally) is largely a reflection of a seasonal cooldown, which typically starts in the late summer but was delayed by a few months this year,” said Redfin chief economist Daryl Fairweather.

Rents are on the rise again, though only slightly in Chicago
Rents are on the rise again, though only slightly in Chicago

A new report from CoreLogic shows U.S. single-family rent price growth is moving toward stabilization.

True colors: A room-by-room color guide
True colors: A room-by-room color guide

Most Realtors know a fresh coat of new paint can transform a space, but do they know which colors will attract buyers? A new study has the answer.

First American: Homesellers playing ‘musical chairs’
First American: Homesellers playing ‘musical chairs’

Homesellers continued to sell homes to each other in September, making the market resemble a game of ‘housing musical chairs,’ according to First American chief economist Mark Fleming.

Chicago home prices up 10.3% from last year
Chicago home prices up 10.3% from last year

“If sky-high prices continue to lure more sellers into the market, it could prompt the inventory rebound we’ve been waiting for — which would be welcome news for frustrated buyers.” — Javier Vivas, director of economic research for realtor.com

Is the flight to the suburbs a myth?
Is the flight to the suburbs a myth?

“Increasing house price appreciation in suburban zip codes points to higher demand relative to supply in the suburbs but does not necessarily indicate what’s fueling the demand,” the study notes. 

Serious delinquencies up, despite strong housing demand
Serious delinquencies up, despite strong housing demand

Four months into the pandemic, the 120-day delinquency rate for July spiked to 4.1%, the highest rate in more than 21 years and double the December 2009 Great Recession peak.

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