Infographics

Why Chicagoland is a top 5 market for first-time homebuyers

The Chicagoland area is one of the top first-time homebuyer markets in the country, according to a new study from Zillow. The analysis, which looked for housing markets where mortgage payments were more affordable than rental payments (along with the relative

Which Chicagoland county has the highest property taxes?

The average homeowner in Lake County pays more than $7,770 in yearly property taxes, which is the highest in the Chicagoland area, according to a new analysis from the NAHB. Additionally, Lake County homeowners pay an average tax that

This Chicago market is a ‘boom town’ in 2016

Chicago’s 60603 ZIP code, which includes the city’s Loop and downtown, is one of America’s top residential boom towns, according to a new study by realtor.com. The analysis – which looked at job growth, household formations and housing starts

Chicagoland’s Top Luxury Housing Markets, March 2016

Lincoln Park and the Near North Side were the top luxury housing markets in Chicago in March, while Hinsdale was the top-selling market of the suburbs, according to a custom Real Data report by Chicago Agent. In the city, Lincoln

Chicago’s luxury housing market is heating up

Chicago has one of the busiest luxury housing markets in the country, according to the new Luxury Market Report from Coldwell Banker Previews International. In 2015, Previews reported, sales of homes priced $1 million and above totaled 1,149 in Chicago. That

The one thing your buyers won’t compromise on

Schools are an integral part of the search process for many a homebuyer, and new research from the National Association of Realtors has reinforced just how non-negotiable the issue is. According to NAR’s 2016 Home Buyer and Seller Generational

Chicago residential construction is booming in 2016

This year is shaping up to be a hugely positive one for residential construction in Chicagoland, according to the latest numbers from Dodge Data & Analytics. In February, residential construction spending in Chicagoland totaled $195 million, a 13 percent

First-time homebuyers battle low inventory

It’s getting harder for first-time homebuyers to find suitable starter homes The Chicagoland housing market has become an increasingly precarious place for first-time homebuyers, according to a detailed new report from Trulia. In a deep analysis of the nation’s housing

The single most challenging housing trend for Chicagoland agents

Housing affordability is a major issue, and there’s one trend in particular that’s making it worse It’s no secret that housing affordability is a major concern for U.S. homebuyers, but a new report from RealtyTrac has underscored just how pronounced the

Chicago’s top-selling neighborhoods, Feb. 2016

See our chart below for the top-selling neighborhood housing markets in Chicago in February, according to research from Redfin. To adjust between total home sales and the single-family/condo markets, click on the tabs (and click here to see the top-selling neighborhoods in Chicago).

Chicagoland’s top-selling suburbs, Feb. 2016

See our chart below for the top-selling suburban housing markets in Chicagoland in February, according to research from Redfin. To adjust between total home sales and the single-family/condo markets, click on the tabs (and click here to see the

Why Chicago is One of the Nation’s Hottest Millennial Markets

The Chicagoland area has the seventh-best Millennial housing market in the country, according to a new analysis from LendingTree. Per LendingTree’s numbers, 45.48 percent of purchase requests in Chicagoland come from Millennials, with the average age of the buyers being

The 5 Big Reasons that Consumers Buy Homes

Why do consumers buy homes, nowadays? There are many reasons that someone may want to purchase a home, but among America’s homebuying public, which reasons are the most common? According to the new Home Buyer and Seller Generational Trends

In Chicago Real Estate, these Two Groups Value Homeownership the Most

Asian and Millennial consumers are the most eager to buy homes in the Chicagoland area, according to a new survey from Zillow. The survey, which polled more than 10,000 renters and homeowners, asked consumers whether or not they associated

Chicagoland New Construction Soars in 2016

The residential construction community in Chicagoland kicked off 2016 in a strong fashion, with overall spending rising considerably from a year ago, according to the latest numbers from Dodge Data & Analytics. Per Dodge Data’s analysis, residential construction spending

The 10 Things Clients ‘Must Have’ in New Construction Homes

Baby Boomers are famous for their embrace of suburbs, and new research suggests that their love for the housing style remains fervent as ever. According to new research from the National Association of Home Builders (NAHB), 22 percent of

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