Current Market Data

Home sales dip, while Midwest prices jump 7.2 percent from last year
Home sales dip, while Midwest prices jump 7.2 percent from last year

NAR chief economist: Housing shortage is stunting potential

Chicagoland sales, prices show little movement, but future indicators bode well
Chicagoland sales, prices show little movement, but future indicators bode well

Though existing-home sales data didn’t offer much excitement, an examination of homes going under contract indicates the kind of activity that normally marks the start of summer, not the end.

Chicagoland sees record inventory levels heading into fall
Chicagoland sees record inventory levels heading into fall

In its most recent Chicagoland Housing Report, RE/MAX reported the available housing stock to be at a 5.5-month supply, which is the highest level recorded so far this year. This is translating to something closer to a buyer’s market for

Construction ramping up, but not enough to meet demand
Construction ramping up, but not enough to meet demand

Housing rebound continues, says the National Association of Home Builders, but it depends on where you

Renovation return quick guide
Renovation return quick guide

Check out our handy outline of the latest numbers from the National Association of Realtors and the National Association of the Remodeling Industry on the cost and return on remodeling

Chicago owners overvalue homes, but inch closer to appraisers’ opinions
Chicago owners overvalue homes, but inch closer to appraisers’ opinions

Overall, home values made their largest monthly climb in five years, which means homeowners and appraisers are more likely to agree on market

Chicago ranks 26th for lifestyle and policy in environmental study
Chicago ranks 26th for lifestyle and policy in environmental study

Going into a deal with the right information on the environment can both give you a competitive advantage and help you answer tough questions from concerned

Optimism down after a hitting historic highs
Optimism down after a hitting historic highs

While Fannie Mae’s index measuring consumer sentiment is lower than last month, the survey still clocked year-over-year gains.

What are the joys — and potential payback — of remodeling?
What are the joys — and potential payback — of remodeling?

They can be time consuming, painstaking endeavors, but in the end, homeowners who undergo home improvement projects – both interior and exterior – are glad they did so in the end. That’s according to a new report from the National

Chicago home prices deemed ‘normal’
Chicago home prices deemed ‘normal’

A new report shows home prices are up but not as much as they were a year ago, citing slower growth driving the millennial

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