Current Market Data

CoreLogic: Chicago Homes Appreciate in April

New study from CoreLogic reveals how prices are changing around the country Marking more than three years of consecutive year-over-year growth, home prices nationwide, including distressed sales, pushed forward another 6.8 percent in April, according to a new report

Chicagoland New Construction Up 28% in 2015

This year proving to be especially positive for Chicagoland new construction Residential construction spending in the Chicagoland area totaled $362 million in April, a 17 percent increase over the $309 million of April 2014, according to the latest report

Hispanics will be Key Driver of Housing’s Future

The Hispanic demographic struggles to recover from housing crash, but could become a big shaker in future markets Between now and 2020, roughly four out of every 10 new households in the U.S. will be headed by someone of

240 Million Unique Visitors to Real Estate Websites in 2014

There were 240 million unique visitors to real estate websites in 2014, but where did they go? And where is that traffic coming from? Find out in our infographic below with statistics from a RealTrends study on the market’s

Hidden Truth Behind 2015’s Soaring New Home Sales

Last month’s new home sales appear hugely positive, but is there a hidden truth behind the numbers? On the surface, it would appear to be a wholly positive development for housing – sales of newly built single-family homes, according to

Chicago’s Top-Selling Neighborhoods

What neighborhood housing markets in the city of Chicago saw the most home sales in April? Last week, we reported that suburban sales in the Chicagoland area outpaced home sales in the city of Chicago, with the suburbs’ 12.8

Chicagoland Home Prices Bounce Back in New Case-Shiller

Have Chicagoland home prices in finally turned the corner? Home prices in the Chicagoland area rose 0.9 percent from February to March and 3.4 percent from March 2014, according to the latest Case-Shiller Home Price Indices from Standard &

FAA Awards Commercial Drone Exemptions

Federal Aviation Administration approves 400-plus commercial drone exemptions As of late May 2015, the Federal Aviation Administration had granted 434 section 333 exemption petitions, which allow for the commercial use of unmanned aerial vehicles, or drones, and among them,

Freddie Mac Research: Rising Rents Do Not Increase Homeownership

New Freddie Mac research casts doubts on notion that rising rents push consumers toward homeownership It has been a common narrative in the post-boom housing market that rising rents would eventually push more consumers toward homeownership, but new research

RealtyTrac: Chicago Striving to Clear Foreclosure Backlog

RealtyTrac foreclosure report showed  increased activity In a market still reeling from an onslaught of foreclosures dating back early a half-decade, any news of foreclosures that approaches negative is likely to put the industry on edge, which is why RealtyTrac’s

The Top-Selling Suburbs in Chicagoland

What Chicagoland suburbs saw the most home sales in April? April was a good month for home sales in suburban Chicago, with sales rising 12.8 percent year-over-year. Some suburban markets, though, performed better than others, and utilizing numbers from the

NAR: Strong March Leads to Weak National Housing Market in April

NAR documents 6 percent jump in existing-home sales Market indicators have detailed a continual progression towards normalcy since early 2014, but a hiccup in April’s existing-home sales could mark yet another slow down in the pace of progress, according

Chicagoland Housing Recovery Continues with Strong April Sales

Chicagoland housing sales and prices up in April Spring was in the air for the Chicagoland housing market in April, with sales rising 7.4 percent year-over-year and median price jumping 10.5 percent, according to the latest market report from the Illinois Association of

Is Weak Economic Recovery Hampering Homebuilding?

After strong series of months, builder confidence a bit bumpy thus far in 2015 Builder confidence has been one of the unqualified success stories of the housing recovery, but weak economic fundamentals could hamper its progress. That’s one of

5 Critical Details about New Construction in 2015

April new construction numbers excellent, but stats could be misleading On the surface, April was a fabulously positive month for new construction. Not only did housing starts jump 20.2 percent from March (the second largest jump ever recorded), but their

Healthy Living: Minorities and Millennials Want More

A study from ULI found that while most people are happy with their living arrangements, many are lacking in some fundamental amenities, like healthy food Real estate supports a wide spectrum of standards, encompassing a plethora of lifestyles and preferences

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