Infographics

Chicago’s Top-Selling Neighborhoods

What neighborhoods in the city of Chicago saw the most home sales in May? Earlier this week, Chicago Agent reported that home sales in the city of Chicago rose 10.1 percent last month, and that among the most competitive housing markets

Negative Equity Still Huge Problem in Chicagoland

Progress has been made on negative equity front, but troubling trends persist In the Chicagoland housing market, 23.7 percent of mortgage holders remain underwater, and a majority will not reach positive equity for some time. That was the sobering finding

The Top-Selling Suburbs in Chicagoland

Sales in Chicagoland’s suburbs were positive in May, but what communities saw the most sales activity? Earlier this week, Chicago Agent reported that home sales in the Chicagoland area rose 7 percent year-over-year in May, with sales in the area’s

The 10 Most Competitive Neighborhood Housing Markets in Chicago

Where in the 234 square miles of Chicago are the most competitive housing markets located? “It’s still a seller’s market in Chicago.” That was the conclusion of Nela Richardson, Redfin’s chief economist, in the brokerage’s latest Real-Time Housing Market Tracker,

Why so Few Renters are Buying Homes

Many wonder why renters are not buying homes at a higher rate, but when one analyzes the numbers, it makes perfect sense. First, there was the notable study from John Burns Real Estate Consulting, which found that only 14.7 percent

Multifamily Dominates New Construction in Chicagoland

In the last 10 years, the market share for multifamily construction has grown by an extraordinary amount In April, the most recent month for which we have data, multifamily construction soared 35.5 percent across the country from March. That was

Is Chicagoland’s Luxury Housing Market Falling Behind?

Could Chicago’s strong luxury housing market be slowing down? Sales prices for Chicagoland’s luxury housing market slipped behind the general marketplace this year, according to a new Redfin analysis of the nation’s luxury markets. Redfin’s study analyzed the top 5 percent

Chicagoland New Construction Up 28% in 2015

This year proving to be especially positive for Chicagoland new construction Residential construction spending in the Chicagoland area totaled $362 million in April, a 17 percent increase over the $309 million of April 2014, according to the latest report

240 Million Unique Visitors to Real Estate Websites in 2014

There were 240 million unique visitors to real estate websites in 2014, but where did they go? And where is that traffic coming from? Find out in our infographic below with statistics from a RealTrends study on the market’s

Chicago’s Top-Selling Neighborhoods

What neighborhood housing markets in the city of Chicago saw the most home sales in April? Last week, we reported that suburban sales in the Chicagoland area outpaced home sales in the city of Chicago, with the suburbs’ 12.8

The Top-Selling Suburbs in Chicagoland

What Chicagoland suburbs saw the most home sales in April? April was a good month for home sales in suburban Chicago, with sales rising 12.8 percent year-over-year. Some suburban markets, though, performed better than others, and utilizing numbers from the

The 10 Most Competitive Neighborhood Housing Markets in Chicago

Housing in Chicago’s city market is doing quite well, but what neighborhoods are particularly competitive? Good news abounded in the latest Real Time Housing Market Tracker from Redfin, which offered an exhaustive overview of Chicago’s housing market in April.

The 10 Biggest Challenges Facing Homebuilding in 2015

Significant challenges remain on the homebuilding front, according to new NAHB research “Booming” is a word that has not been associated with Chicagoland’s housing market for some time, but no other adjective is more appropriate for the market’s new

The 10 Most Competitive Housing Markets in Suburban Chicago

What suburban markets in Chicagoland are the most competitive? Last week, we reported on the top-selling suburbs in Chicagoland, and how Aurora and Naperville were once again at the top of the hill. Such a list, though, is heavily

3 Shocking Ways That Inequality is Harming Housing

A new Zillow analysis shows in stark terms just how damaging inequality is for housing’s future. Call it “The Great Housing Divide.” Although homeownership – on the strength of record-low mortgage rates – remains incredibly affordable, rising levels of

Non-Homeowners Show No Signs of Jumping on Buying Bandwagon

We keep hearing that many consumers are ready to enter the homebuying fray, but new analysis casts doubt on that sentiment. Fewer and fewer Americans are planning on purchasing a home, according to a new survey from Gallup. Gallup’s

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