Infographics

The Top-Selling Suburbs in Chicagoland

These were Chicagoland’s top-selling suburbs, according to the latest data November was a good month to be an agent in Aurora – according to numbers that Redfin provided us, the town was not only the top-selling Chicago suburb last

Negative Equity in Chicagoland Plummets by 38.5%

The negative equity situation in Chicagoland has improved markedly, according to new research by Zillow. Here is some encouraging news for you to end the week with – here in the Chicagoland area, the share of mortgage properties in

Special Report: ‘Builder Confidence’ Numbers Still Inconsistent With Construction Numbers

Builder confidence remains high while home construction continues to trod along – what gives? Builder confidence this month fell just one point, according to the latest Housing Market Index from the National Association of Home Builders. Finishing up 2014

Bad News For Millennial Homeownership – Young American Wages are Plummeting

We all want to think that an explosion is pending in Millennial homeownership, but the numbers to justify that are hardly cooperating. The last few months, we’ve reported consistently that the big problem facing housing (as well as the

Buying on a Budget: What will $200,000 get you in Chicago’s Real Estate Market?

It goes without saying that buyers looking to live close to Chicago’s downtown area will be limited to high-rise condominiums with high prices, but for those buyers willing to compromise by looking slightly further out, a selection of condos,

Mortgages in Chicagoland Twice as Affordable as Rents in 2014

Everyone knows that mortgages and rents have ran in opposing directions, but the numbers are still jaw-dropping. For some time, we’ve been hearing two independent narratives in housing: one, that mortgage rates and payments were at an all-time low;

Could Slowing Asking Prices in Chicagoland Benefit its Market?

What’s the deal with asking prices in our metro area? Asking prices in the Chicagoland area remained positive in November, though they seem to be showing signs of slowing down, according to the newly released Price Monitor from Trulia. Per

3 Unquestionably Good Signs for Chicagoland’s Housing Market

We ventured through the data jungle, and came upon three very good signs for our housing market. A couple weeks ago, we reported that though home sales have slumped in the Chicagoland area, there were signs that our housing

Chicago One of Top 10 Luxury Markets in the Nation

New data shows that the city of Chicago is one of the most active luxury housing markets in the entire U.S. The city of Chicago is the No. 4 luxury housing market in the U.S. in terms of sales,

What Income Does Your Client Need to Qualify for a Mortgage in Chicago?

At the end of the day, how much income do consumers need to qualify for certain mortgages in our housing market? In our most recent analysis of housing affordability, we looked at what percentage of our housing market’s inventory

Multifamily/Single-Family Construction Post Sizable 2014 Increases

Though overall construction is mostly flat from last year, both single family and multifamily are putting up some encouraging numbers. Residential construction spending was up just 1.3 percent from September to October and 1.8 percent from Oct. 2013, rising

Newly Built Homes are 50% More Expensive Than in 2010

Everybody wants a new home, but fewer people will be able to afford them at this rate. Newly built single-family homes are extremely expensive. That was the big takeaway from the latest new home sales report from the Census

Market Ranking: What Markets are Chicago’s Most Expensive and Affordable?

Coldwell Banker Real Estate released its 2014 Home Listing Report (HLR), which provides a side-by-side comparison of four-bedroom, two-bathroom homes in nearly 2,000 markets across the country, as well as rankings of the most expensive and affordable markets in all 50

If Homebuilding is Flat, Why are Builders So Darn Confident?

It would appear to be a glaring contradiction in the nation’s housing market, but a bit of flip-side thinking immediately clears things up. The HMI, the NAHB’s measurement of builder confidence, rose yet again this month, jumping four points

Forget Home Sales – This is Housing’s Most Encouraging Trend

Sure, existing-home sales were up, but there was another side of NAR’s report that suggested even better things for housing. Last week, the National Association of Realtors announced that existing-home sales in October posted their first yearly increase in

The Top-Selling Neighborhoods in the City of Chicago

Are the usual suspects at the top of the heap, or did October’s market offer some surprises? All hail the Near North Side! As was the case the previous month, Near North was the top-selling neighborhood in Chicago in

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