Current Market Data

Chicago improves walkability: How it ranked No. 6 nationwide

Walkability has become one of the chief concerns among U.S. homebuyers, especially Millennials. And as Redfin’s new “Most Walkable U.S. Cities of 2016” report confirms, some cities are responding to the demand better than others. “Improving a city’s Walk

Luxury lockdown in Chicago’s suburbs

Luxury sales have stalled in Lake Forest. As of April, the relatively small city has a $1 million-plus inventory of 211 homes. Considering only 106 such homes have been sold over the past 12 months, that is a significant

Chicagoland new construction: 4 springtime trends you should know

The “Regional Executive Summary” report from Tracy Cross & Associates, Inc. is among the most detailed analyses of Chicagoland’s new construction market. Below, we have collected the four more important findings from the report: 1. New Home Sales are Down

Chicago among top 5 housing markets for international buyers

Chicago will be one of the top five housing markets in the U.S. for international homebuyers, according to a new analysis from Colliers International. The Global Investment Outlook (GIO) report, which Colliers produces each year, surveyed more than 600

Chicagoland’s top-selling suburbs, March 2016

See our chart below for the top-selling suburban housing markets in Chicagoland in March, 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

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

How to explain Chicago’s high new construction prices to buyers

In 1963, the median price for a new construction home in the U.S. was $18,000, according to the U.S. Census Bureau; in 1980 it was $64,000; in 2000 it was $169,000; and in 2015, after nearly 52 years of consecutive year-over-year

SEO for real estate agents: 5 trends you should know

If you’re looking to grow your real estate agent brand and, with it, your business, then understanding how to optimize your Web presence for search engines isn’t an option. It’s a requirement. SEO techniques and best practices change often, because

Chicagoland home prices trail the nation in new Case-Shiller

Chicagoland home prices posted some of the weakest numbers in the country in the latest Case-Shiller Home Price Indices. Covering numbers through February, the Case-Shiller reported that home prices fell in Chicagoland by 0.3 percent from January to February,

Suburbs lead the way in 2016 Chicagoland home sales

Home sales in suburban Chicago were positive in 2016’s first quarter, rising 5.5 percent over where they were a year ago, according to research from the Mainstreet Organization of Realtors (MORe). That stood in contrast to sales in the whole nine-county

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

5 ways to jump-start your rise to Top Producer status

It’s easy to say that top producers in real estate are a “different breed” of agents. But that assumes that top producer status is somehow predetermined. It’s not. People aren’t born to top producer status – they earn it.

Two Chicago school districts make national top 10 list

New Trier Township High School District No. 203 is the best school district Greater Chicago (and the No. 4 district nationwide), according to educational rankings and review site Niche. Real estate agents should take note. Evaluating on criteria including academics, teacher

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

4 ways to harness the selling power of direct mail

In an age where we can order groceries through Amazon and watch Wolf Blitzer via hologram, it seems a little old hat for real estate agents to include direct mail in their marketing campaigns. But it’s not. While the

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

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