Current Market Data

The Top 20 Chicagoland Agents in 2015 by YTD Growth

Our REAL DATA 2015 reports look at, among other things, the top-producing agents in Chicagoland based on total sales volume. Which Chicagoland agents saw the biggest year-over-year gains in their business in 2015? We took a deeper look at the market trends

Chicagoland’s Top Luxury Housing Markets, Dec. 2015

Click on the tabs below to adjust between the city and suburban markets that saw the most luxury sales in December, in terms of sales for homes priced $1 million and above. Stay tuned for later this week, when we’ll

Chicagoland’s Fastest-Selling Markets, Dec. 2015

Click on the tabs below to adjust between the city and suburban markets where homes sold the fastest in December, in terms of average days from listing to closing. Stay tuned for later this week, when we’ll report on  Chicagoland

Can Chicagoland’s Cash-Strapped Renters Become Buyers?

Nearly 957,000 renters in the Chicagoland housing market struggle with the cost of housing, according to a new report from the Joint Center of Housing Studies at Harvard University. Titled “America’s Rental Housing,” the center’s report examined how low

U.S. Job Growth Exceeds Expectations

The 2015 job market finished out the year on a high note The economy added 292,000 jobs in December, while the unemployment rate held steady at 5.0 percent, according to the latest report from the Bureau of Labor Statistics.

3 Real Estate Trends That Will Not Change in 2016

Some Americans think 2016 will offer more of the same for housing Earlier this week, we reported on a new realtor.com study, which featured a largely positive list of trends that will change heading into 2016. Trulia published their own survey of

Is the Chicagoland Rental Market Finally Slowing Down?

How did the local rent markets close out the year? The Chicagoland rental market may have finally fallen back to earth in 2015, according to new analysis from Reis. For the 12-month period ending in December, Chicagoland rents rose

Green Features Remain Important to Homebuyers

“Green” and energy-efficient features remain important to homebuyers, though some options are more sought-after than others. That finding came courtesy of NAR’s 2015 Profile of Home Buyers and Sellers, and to parse through the results, we put together the

CoreLogic: Chicago Home Price Growth Remains Moderate

Since 2014, home prices have been in what CoreLogic Chief Economist Frank Nothaft recently described as a “sweet spot,” consecutively rising between 5 and 6 percent for 15 months. According to the research group’s newest report, home prices rose

Tight Inventories Push Down Pending Home Sales

Pending home sales in November declined for the third time in four months as buyers continue to battle both rising home prices and limited homes available for sale, according to the National Association of Realtors. The Pending Home Sales

Record-Breaking Foreign Investment in Chicago Sets the Stage for 2016

Chicago continues foreign investment boom through 2015 More foreign money has been spent on real estate in 2015 in Chicago than any year prior, according to a Crain’s Chicago Business report. In total, $3.27 billion dollars have been spent on

Chicagoland New Construction on Pace for Strong Year

The latest analysis from Dodge Data provided an encouraging assessment of new construction in Chicagoland According to the latest numbers from Dodge Data & Analytics, residential construction spending in the Chicagoland housing market totaled $397 million in November, and

Homeownership Out of Reach for Many Chicagoland Renters

Stagnant wages and high rents combine to push homeownership out of reach for thousands of Chicagoans Nearly 957,000 renters in the Chicagoland housing market struggle with the cost of housing, according to a new report from the Joint Center of

Strong November New Homes Sales Could Make for Best Year Since 2007

New home sales are shaping up for their best year since 2007 Sales of new single-family homes in November rose 4.3 percent from October and 9.1 percent from Nov. 2014 to a seasonally adjusted annual rate of 490,000, according

What Rising Rents and Declining Affordability Mean for Housing

Housing is on a precipice of affordability, according to a new study The Joint Center for Housing Studies of Harvard University has offered some unflinching examinations of the nation’s housing market, particularly in terms of affordability and the growing

Is Young Adult Homeownership Ready for a Turnaround?

Data suggests the young adult homeownership rate is stabilizing After decades of decline, the 25-to-34-year-old homeownership rate has begun to level out, seeing no significant decline in 2014, according to Fannie Mae’s Housing Insights report. That trend, according to

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