What suburban markets in Chicagoland saw the most home-sale activity in the month of October? Earlier today, we reported that Chicagoland’s overall housing market continued to normalize in October, with sales falling, prices rising and greater balance coming to

The term “affordability” is thrown around quite a bit, but when it concerns the middle class, the scenario is all the more interesting. Chicagoland is the second-most affordable large metro area in the nation, with 67 percent of the

Though Americans feel better towards housing, wider economic concerns persist – which, in turn, affect the housing market. #470896401 / gettyimages.com It’s become quite clear, in 2014, that housing’s recovery will depend in large part on wider economic trends,

Seventy-seven percent of buyers say they’ll know immediately when they’ve found their ideal home, according to a survey of about 2,500 Americans by BMO Harris Bank. Unfortunately, the house hunting process takes time, and not all buyers exude confidence during

Our new construction market, according to new data, is among the nation’s best. #128108910 / gettyimages.com Through September of 2014, Chicago had the No. 6 new construction market in the country. According to fresh numbers from Dodge Data & Analytics, Chicago’s construction

The emotions that Illinois homebuyers most often experience may surprise you. Homebuyers experience many emotions when searching for a home, but what emotions do Illinois homebuyers experience the most often?  That was the question of a BMO Harris study

The share of households featuring roommates has been on a steady rise the last few years, and the cause could not be more straightforward. Housing affordability is a common topic of coverage here at Chicago Agent, and for good reason

Why are Millennials not buying homes? The answer is far simpler than you may suspect. There are some lofty explanations out there for why Millennials are staying on the real estate sidelines, but new research from Moody’s Analytics has

In case you were wondering, our housing market continues to get less affordable, not more. In the last year and a half, housing affordability in America has dramatically fallen, and our local metro is no exception. We recently reported that NAR’s Housing

How has new construction shifted in recent years to a more affluent, wealthy clientele? See our analysis below to find out: Create

In a city-wide examination of the relationship between median monthly rent price asked (MMRA) and proximity to a CTA station for selected neighborhoods in the Chicago metro area, RentHop found that at both the city-wide and neighborhood level MMRA

Though prices have shown signs of a slowdown at 2014 draws to a close, they’ve remained in positive territory. Though asking prices nationwide have shown some signs of a slowdown, they remained in confidently positive territory through October, according

The market share for first-time homebuyers just keeps falling; what could be behind the fall? First-time homebuyers in 2014 have made up just 33 percent of primary residence purchases, according to new numbers out this week from the National

There have been many encouraging developments for the housing market, but we’ve uncovered the most encouraging nugget yet. There were many stats provided in NAR’s latest existing-home sales report, many of which were positive for the housing market  (see

When put in the proper context, residential construction has made considerable progress in recent years. The Census Bureau’s latest report on construction spending came out earlier today, and it represented what appeared to be more of the same –

Some measures of the U.S. home construction market suggest things have radically improved, but does the data support that? The Housing Market Index, the chief measure of homebuilder confidence for the single-family home construction marketplace, fell five points in