Infographics
Two of the 10 safest suburbs in the nation are located in Chicagoland, according to new rankings from NeighborhoodScout. Basing its analysis on the rate of property and violent crime per 1,000 residents, NeighborhoodScout found that Lake in the
In our new Real Data report, we’ve detailed the agents who closed December’s top home sales throughout Chicagoland. Click on the tabs below to adjust between the single-family, condo and townhome markets: Single Family Condo Townhome Single Family Sales Price Property
It makes more financial sense to buy than rent in half of Chicagoland’s counties, according to new research from ATTOM Data Solutions. In its analysis, which incorporated 2017 rent data from HUD, wage data from the Bureau of Labor Statistics and public record sales
For years, agents and analysts alike have wondered why so few Millennials are buying homes, but a new analysis of Census data has provided a remarkably straightforward answer – they’re all living at home with their parents, and at
The Chicagoland new construction market continues to put up some of the most impressive numbers in the nation, according to research from Dodge Data & Analytics. In November, Chicagoland saw more than $450 million in total residential construction spending, which is
When the U.S. housing bubble peaked in 2004 and 2005, the market seemed to be in grand shape: the homeownership rate was 69 percent; the Case-Shiller National Home Price Index was 184.4, a 135.5 percent increase from 1994; and
When it comes to the housing market’s ever-worsening inventory situation, one factor receives an outsized share of the blame – the historically low levels of home construction. Although the explanations for construction’s low volume differ – NAR has consistently argued that builders
Starter homes in the Chicagoland area remain relatively affordable, but they are slipping out of reach for many consumers. That was the finding of a very interesting new study from Trulia, which assessed the status of starter homes in
The news sounds bad: mortgage rates have risen aggressively since the presidential election, and are now at their highest level since July 2015; for the first week in December, rates posted the largest weekly jump since 2013; and the Federal
It’s no mystery that Millennials face unique challenges on the homeownership front. From slow wage growth to soaring student debt burdens, economic forces have kept Millennials on the housing sidelines, and a huge share still live at home with
In our new Real Data report, we’ve detailed the agents who closed November’s top home sales throughout Chicagoland. Click on the tabs below to adjust between the single-family, condo and townhome markets: Single Family Condo Townhome Single Family Sales Price Property
Meadow Glens Elementary in Naperville is the best elementary school in Chicagoland, according to new rankings from Niche. Using such factors as state test scores, student-teacher ratio, student diversity, teacher quality and the overall quality of the school district, Niche ranked elementary
The Chicagoland new construction market is putting up some of the most impressive numbers in the nation this year, according to research from Dodge Data & Analytics. In October, Chicagoland saw more than $361 million in total residential construction spending,
See our chart below for the top-selling Chicago neighborhoods in October, according to research from Redfin. To adjust between total home sales and the single-family/condo markets, click on the tabs. Total Home Sales Single-Family Home Sales Condo/Townhome Sales Neighborhood Total
See our chart below for the top-selling suburban housing markets in Chicagoland in October, 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 noted how
The cliche goes that the devil is in the details, and in no sector of the economy is that adage more appropriate than housing, where many slow moving, nearly imperceptible trends gather momentum outside the mainstream’s gaze – and then 20