Current Market Data
Chicagoland real estate took a step back in October, though the reasons why were encouraging On the surface, October was a lukewarm month for Chicagoland real estate, with sales falling 2.0 percent year-over-year from 9,344 to 9,155. However, as
Our REAL DATA 2015 reports look at, among other things, the top-producing agents in Chicagoland based on total sales volume. Which Chicagoland agents have grown their business the most over 2014? To find out, we took a deeper look at
Single family? Condo? 2,000-plus square feet? What defined the homes consumers bought this year? For our latest story in our continuing series on NAR’s 2015 Profile of Home Buyers and Sellers, we’re taking a detailed look at the homes
The Chicagoland area has some of the best schools in the country, but are homes affordable in those schools’ neighborhoods? Good schools are one thing, but affording homes in those areas is an entirely different matter. According to a
October provided yet more evidence of how integral multifamily building is to the current new construction economy October was a rough month for new construction, with housing starts falling 11 percent from September and 1.8 percent from Oct. 2014
The share of total residential real estate transactions carried out in all cash fell from 34.9 percent in Aug. 2014 to 31.7 percent this most recent August, according to a report from CoreLogic. Month-over-month, cash sales inched upward by
The mortgage process doesn’t often top the list of things people like to do, but as far as dealing with banks and moneymen go, customers are more approving of the mortgage process now than any other time in the
Many want to own a house, but the finances are only feasible for an increasingly select few It is a truth universally acknowledged that the vast majority of renters in America aspire to homeownership. Indeed, according to a recent
After some very positive months, builder confidence took a step back in November Builder confidence in the market for newly constructed single-family homes slipped three points to 62 from October to November in the National Association of Home Builders/Wells Fargo
May Watts Elementary School in Naperville’s Indian Prairie School District 204 is the top elementary school in the Chicagoland area. That ranking came courtesy of the analytics website Niche, which just released its 2016 rankings of public schools from
In our newest Real Data monthly report, we’re taking a look at the top luxury markets in Chicagoland, meaning the city and suburban markets that saw the most sales for homes priced $1 million and above. Click on the
What does the typical homebuyer look like in 2015? Earlier this week, we reported on first-time homebuyers, and how they are now at their lowest market share since 1987. That information came courtesy of the 2015 Profile of Home Buyers
Mortgage markets have improved, but the inequities are still pronounced Black mortgage applicants in the Chicagoland area are denied at more than twice the rate of all applicants, according to new research from Zillow. In 2014, 26.9 percent of
In September, foreclosure inventory continued its rapid decline, falling 24.3 percent since the same time last year, a new CoreLogic report found. As a testament to the market’s recovery – and a more total economic recovery – since the
Coldwell Banker released their 2015 Home Listing Report, which details the highest and lowest average price for four-bedroom, two-bathroom houses in markets across the United States. Illinois ranked as the 16th most expensive state on the list. Here are
First-time homebuyers continue to lose market share in today’s housing market First-time homebuyer share has dropped to its lowest level in 27 years, with just 32 percent of all existing-home sales going to first-time buyers in 2015. That was one