Current Market Data

Single-Person Households on the Rise

Single-person housing is becoming a long-term solution, even into older years One of the most pronounced trends since the 1940s is the rise of the single-person household. According to the U.S. Census Bureau, single-person households were the second most common household type

CoreLogic: Chicago Gets an Equity Boost

CoreLogic’s newest equity report finds rising home values have pushed 90 percent of homeowners into positive equity A new analysis from CoreLogic found that rapacious home price appreciation over the last year has had the well-received effect of dredging the

CoreLogic: Cash Leaves Chicago, Homebuyers Rejoice

CoreLogic’s March cash sales report found cash purchases are falling dramatically all across the nation The pool of real estate cash is shrinking as all-cash buyers continue leaving the market, making way for more traditionally financed buyers, particularly first-time

Multifamily Dominates New Construction in Chicagoland

In the last 10 years, the market share for multifamily construction has grown by an extraordinary amount In April, the most recent month for which we have data, multifamily construction soared 35.5 percent across the country from March. That was

First-Ever LGBT Home Buyer and Seller Survey Released

Up until now, there has been very little information available about the LGBT community’s preferences in the real estate business. But for the first time, Better Homes and Gardens has released their LGBT Buyer and Seller Survey, which asked

CoreLogic: Chicago’s Distressed Sales Cut in Half

Compiling data from CoreLogic, we review nearly a decade of distressed sales data CoreLogic released its distressed sales report for the month of March this week, and what the group revealed was nothing short of expected: REO and short sales

41% of Americans Think Housing Crisis is Still Happening

Latest housing survey from MacArthur Foundation finds many Americans skeptical of housing and the wider economy What a difference a year makes – or, in the case of the MacArthur Foundation’s “How Housing Matters” survey,  what a difference a

RealtyTrac: Nation Faces Zombie Outbreak

RealtyTrac’s Q2 Zombie Foreclosure Report shows macro progress and micro struggles Zombies are plaguing the nation, but no amount of shotgun shells and machetes are likely to help. Less likely to shuffle after a person’s brainy bits than they

CoreLogic: Is a Wave of Foreclosures Heading for Chicago?

CoreLogic’s April Foreclosure Report revealed another month of positive stats…for most markets Since late 2008, when the walls of the world’s economy started to tumble, approximately 5.7 million foreclosures have been completed in the U.S., and even more if

Down Payments are Down, but are Home Sales Up?

Down payment trends may hint at first time homebuyer confidence The average down payment for single-family homes, condos and townhomes was down to 14.8 percent of the purchase price for Q1 2015, the lowest number since Q1 2012, according

Is Chicagoland’s Luxury Housing Market Falling Behind?

Could Chicago’s strong luxury housing market be slowing down? Sales prices for Chicagoland’s luxury housing market slipped behind the general marketplace this year, according to a new Redfin analysis of the nation’s luxury markets. Redfin’s study analyzed the top 5 percent

7 Important Things about Housing in the Government’s New Jobs Report

Latest jobs report features interesting implications for housing May was a positive month for the U.S. labor market, with the economy adding 280,000 jobs and the unemployment rate holding steady at 5.5 percent, according to the latest analysis from

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

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