Current Market Data
RE/MAX recently released a report detailing large growth in the Chicagoland luxury market. Luxury home sales in the Chicagoland area rose 20 percent year-over-year in 2015’s second quarter, according to the new RE/MAX Luxury Report; with 737 sales, Q2
Technology has drastically improved the efficacy of searching for the right home. Prior to enlisting the services of an agent, buyers, who in all likelihood have a pre-established criterion for their ideal neighborhood and home, are scoping out concerns
What suburban housing markets saw the most home sales in 2015’s first half? Naperville and Aurora were by far the top-selling suburbs in the Chicagoland housing market in the first half of 2015, according to exclusive numbers Chicago Agent received from
Home sales are one thing, but where in Chicagoland’s suburbs is competition for housing most intense? Earlier this week, Chicago Agent reported that Naperville was the top-selling suburban housing market in June, leading the way in both the single-family and
Building in the Second City Making Significant Progress Residential construction spending in the Chicagoland area was up 64 percent year-over-year in June, and so far in 2015 is 39 percent ahead of where it was last year. Those encouraging stats came
Several Chicago neighborhoods saw big sales increases in June Home sales in the city of Chicago rose 9.3 percent year-over-year in June, and several of the city’s neighborhoods, according to exclusive numbers from Redfin, were especially responsible for that increase.
Institutional investors leaving real estate, but Americans still confident housing is a good investment In the immediate wake of the economic downturn, the housing market took a plunge that was devastating for homeowners but ideal for the opportunistic. In the years
Contract signings declined for the first time in 2015, according to new research Pending home sales declined 1.8 percent from May to June, according to new analysis from the National Association of Realtors. Although the Pending Home Sales Index,
Home prices were positive for the Chicagoland housing market in May’s Case-Shiller Home prices in the Chicagoland housing market rose 1.3 percent from April to May, and 2.2 percent from May 2014, according to the latest Case-Shiller Home Price
The news for new home sales was much better than the Census Bureau’s report led on Sales of new homes in June were at a seasonally adjusted annual rate of 482,000, a 21.2 percent year-to-date increase from 2014 that
Home sales in the Chicagoland area showed unexpected strength in June, according to new analysis from IAR Home sales and median prices in the nine-county Chicagoland area both rose by year-over-year measurements in June, climbing 14.2 percent and 5.7
Lawmakers threaten to end like-kind exchange tax provisions, but some say the cost would be too great There’s a contingent of lawmakers and government officials lobbying to alter the face of like-kind exchanges, with some hoping to outright repeal the
In many Chicago neighborhoods, competition for housing is intense Housing inventory in Chicago rose 17 percent year-over-year in June, reaching its highest level since August 2012, according to Redfin’s Real-Time Housing Market Tracker. Despite that increase, demand is still outpacing supply
CoreLogic released its April cash sales report today, and as has been the trend all year, cash sales declined year-over-year, bringing national levels closer to the pre-crisis baseline of around a 25 percent market share. In April, cash sales
According to Census Bureau calculations, June was one of the best months of new construction in some time…but the truth is more complicated Building permits rose 7.4 percent monthly and 30 percent year-over-year in June, according to the latest construction
CoreLogic May foreclosure report documents continued improvement in inventory and seriously delinquent mortgage rates Today, CoreLogic released its May 2015 National Foreclosure Report, which highlighted steep declines in completed foreclosures and foreclosure inventory, as well as the falling serious