Our survey asks agents what they think of gentrification.
Economists with the Mortgage Bankers Association predict mortgage rates will remain low for the next couple of years, though there is at least one scenario under which they could rise more quickly.
Find out what Chicago Agent magazine readers who work in the luxury business have to say about their clients, transactions and trends in the market.
Across the country, both home prices and demand for homes grew in 2017, driven by low inventory. As supply and affordability can be a hurdle for some homebuyers, many are still optimistic about their ability to receive financing even
Are you new to your neighborhood and looking to make friends? It may not be as easy as it used to be. According to a new survey, 40 percent of Americans avoid their neighbors altogether. The Homes.com survey also reveals that
The ability to own your own home is a dream for most Americans, but depending on which part of the country you live in, that may require more working hours than in other locations. A recent report from How Much
It’s as easy to pay mortgages on time now as it was 10 years ago in July 2007, this according to CoreLogic’s monthly Loan Performance Insights Report. 4.6 percent of mortgages were in some stage of delinquency in July — a decrease of 0.9 percent from July 2016
Earlier this week, we reported on 2016’s top agents by year-to-date growth – agents whose 2016 business has grown the most over 2015. Now, we’re taking a similarly deep look at Chicagoland’s real estate offices, and which ones have grown their 2016
Which Chicagoland agents have seen the biggest year-over-year gains in their business in 2016? We took a deeper look at the market trends and put together the following chart, which shows the 20 agents who rose the most in the rankings of
See our chart below for the top-selling neighborhood housing markets in Chicago in all of 2016, according to research from Redfin. To adjust between total home sales and the single-family/condo markets, click on the tabs. When possible, we have also
The Chicagoland new construction market concluded 2016 in spectacular fashion, according to research from Dodge Data & Analytics. In December, Chicagoland saw more than $452 million in total residential construction spending, which is a 34 percent increase from Nov. 2015. Moreover, year-to-date construction
See our chart below for the top-selling suburban housing markets in Chicagoland in all of 2016, according to research from Redfin. To adjust between total home sales and the single-family/condo markets, click on the tabs. When possible, we have also
Do you work in the Downtown Oak Lawn, Woodlawn, or Belmont Gardens housing markets? If so, 2017 may prove to be a busy year. According to the new “Hottest Neighborhoods” rankings from Redfin, those three neighborhoods will see the most
The Chicagoland metro area offers housing investors the sixth-highest yields in the nation, according to a new study from HomeUnion. Basing its research on single-family rental yields, HomeUnion predicts that Chicagoland’s yields will be 7.5 percent, which spots it
On the surface, things look pretty swell for the Chicagoland housing market: home sales are up 4.8 percent; median sales price has risen even more, jumping 6.7 percent; time on market is down nearly 12 percent; and both foreclosure
Deals to sell homes failed at a much higher rate in 2016 than in 2015, and that was particularly true here in Chicagoland. That was the finding of a striking new report from Trulia, which computed the number of