Infographics

NAHB: Builder Confidence Inches Higher in March

Builder confidence stabilized in March after experiencing its worst month in sometime in February. After a horrid month that saw builder confidence fall to its lowest level in 12 months, the NAHB’s Housing Market Index stabilized in March. The

Time on Market in Chicago Down 7.41%

Median time on market was way out of whack during the years of the downturn; has it finally turned the corner? Time on market has been among the most oft-watched measures of the housing recovery, and new numbers from

Housing Performance Differs Radically Across Chicago

‘A Tale of Two Cities’ is often summoned when discussing Chicago, and the metaphor is particularly apt for the city’s housing market. Recent housing numbers out of Chicago have been very impressive. In January, for instance, median price in

Price Per Square Foot in Chicagoland Leaps 16.5% in February

Property values in Chicagoland continued to increase markedly in February, according to the latest numbers. Home values have been rising steadily in many metropolitan housing markets, but did that progress end in February? Take a look at our graph,

CoreLogic: Chicagoland Foreclosure Inventory Down 38% in January

Our fine metro area continued to make progress through its foreclosure inventory in 2013, according to new analysis. Foreclosure inventory in Chicagoland is down a whopping 38 percent year-over-year through January, according to the latest National Foreclosure Report from

Asking Prices in Chicagoland Up 14.2% in February

Confidence remains strong among Chicagoland home sellers, with asking prices posting yet more increases in February. Asking prices in the Chicagoland housing market increased 14.2 percent year-over-year in February, according to the latest Price Monitor from Trulia. In addition,

CoreLogic: Chicagoland Home Prices Jump 12.6%

Home prices continued their double-digit performance in January, according to the latest CoreLogic numbers. Home prices in the Chicagoland housing market rose 12.6 percent year-over-year in January, according to the latest Home Price Index (HPI) from CoreLogic. That exceeded

Chicago Housing Inventory Down 7.6% in February

Though housing inventory was down in Chicago in February, there do seem to be signs of improvement. Housing inventory in the Chicago housing market fell 7.6 percent year-over-year in February, according to the latest State of the Market report

What Share of Illinois’ 2013 Home Sales Were New Construction?

We all know that new construction has made steady progress the last couple years, but what’s its share of home sales? As we reported last week, new home sales remain historically low. Though they did hit their highest mark

New Residential Construction in Chicago Flat in January

The latest numbers from McGraw Hill Construction gave us insights to the nation’s new construction markets. New residential construction activity in Chicagoland increased slightly in January, with total construction spending increasing 1.0 percent from $130 million to $131 million,

NAR: Pending Home Sales Flat in January

Pending home sales continued their sluggish performance in January, though worst may still be to come. Pending home sales were flat in January, according to the latest analysis by the National Association of Realtors. Per NAR’s Pending Home Sales

Chicagoland’s Top 10 Suburban Housing Markets in January

Home sales in Chicagoland slowed a bit in January, but what individual markets performed the best? Home sales in the Chicagoland chilled a bit in January, falling 8.9 percent year-over-year. Behind that disappointing number, though, what housing markets performed

Chicagoland Home Prices Expected to Rise 29% by 2018

A new study predicts great things for Chicagoland’s housing market in the coming years. Home prices in the Chicagoland residential real estate market are expected to rise by 29 percent from 2012 to 2018, according to the latest report

Owning in Chicago 47% Cheaper than Renting

We all know that rising mortgage rates and price increases have taken a bite out of affordability, but how does renting compare with owning in 2014? The homeownership/renting debate is an everlasting one, but in the post-boom housing market,

Foreclosures in Chicagoland Down 49.8% From Peak

The Chicagoland housing market has made considerable strides in the last year, according to CoreLogic’s latest MarketPulse. Home foreclosures in the Chicagoland housing market are down 49.8 percent from their peak, according to the latest MarketPulse report from CoreLogic,

The 8 Biggest Concerns for Homebuilders in 2014

What issues in the homebuilding process keep builders up at night? Last week, we reported that builder confidence dropped to its lowest point in 12 months in February, with lousy weather and market concerns the main reasons for the

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