Last year was a very positive one for real estate in Chicagoland’s suburbs. According to the Mainstreet Organization of Realtors (MORe), single-family detached sales rose 9.4 percent over 2014, while median sales price rose 5.2 percent. What specific suburbs, though, saw

December was a modest month for contract signings, according to NAR Pending home sales were mostly unchanged in December, but inched forward slightly, fueled by a large increase in the Northeast that outpaced declines in the other three major

First-time homebuyers have been MIA for some time – are they poised for a comeback? The National Association of Realtors reported late last week that first-time homebuyers accounted for 32 percent of existing-home sales in December, which was up

National distressed sales – including real-estate owned (REO) and short sales – fell 1.9 percentage points in November 2015, pushing the distressed share of total sales to its lowest November point since 2007, according to a new report from

The latest Case-Shiller Indices offered numerable insights into the nation’s housing market Home price growth continues to moderate in the Chicagoland housing market, according to the latest Case-Shiller Home Price Indices from Standard & Poor’s. The latest numbers, which

Home prices have been on a tear for the past couple years, and new homebuyers trying to enter the market have noticed it becoming pricier to not just buy a house, but even put a down payment on a

In December, existing-home sales re-found their footing, making up for the misstep in November. What did we learn? TRID was the cause of November’s slip, but it’s not a problem anymore. “Closing time metrics are showing minor effects of TRID,”

The major Realtor associations have all released their final set of statistics for 2015, and as usual, have provided considerable insights into how the year’s housing market ultimately shaped up. After looking through those various reports, we’ve isolated the

New research finds that millionaire ranks grew strongly in 2015 There were nearly 211,000 millionaire households in the Chicagoland area through the middle of 2015, up 4.6 percent from the same period in 2014. Millionaire households now account for 6 percent

What will the new construction marketplace look like in 2016? The Census Bureau released its latest report on new construction this morning, and as usual, the agency’s analysis had far-reaching implications on where the new construction markets are heading in

Builder’s are confident, and that bodes well for housing in the New Year Builders are starting out 2016 on confident footing, and that spells promising things for the year’s housing market. That was the central finding in the National Association

Higher interest rates may not be that big of a threat to housing’s future, after all With interest rates seeing their first increase since 2008, there is concern that the hike will harm the housing market either through harming

Earlier this week, we reported that Winnetka in the suburbs and Lincoln Park in the city saw the most luxury home sales in December, according to numbers pulled for our monthly Real Data series. Were those markets on top for

More underemployed college graduates work in the office sector than service One of the common beliefs about the current job market is the underemployed college graduate being forced to work as a barista, or another form of unskilled labor for

Earlier this week, we reported that Rolling Meadows and the Loop were the fastest-selling neighborhoods in Chicagoland’s suburban and city housing markets, respectively, for the month of December. We’ve widened our focus to report on the markets that had

In our latest Real Data report, we have the agents who closed December’s top deals Click on the tabs below to see the top single-family, condo and townhome closings in Chicagoland’s housing market in December: Single Family Condo Townhome Single