Current Market Data

Looking For the Most Encouraging Trend in Housing Right Now? We Have It

There are many positive things happening in housing right now, but this may be the most encouraging trend of all. On the surface, NAR’s latest existing-home sales report is not a very positive affair, with sales falling 6.1 percent

Special Report: Rental Housing in Chicagoland Continues Strong Growth

Though Chicagoland’s for-sale market is showing signs of a seasonal slowdown, its rental market continues to charge ahead. The rental market in the Chicagoland area continued its ascent in 2014’s fourth quarter, completing one of the strongest rental years in

Just How Much is Our Housing Market Worth?

We all know that our housing market has quite a bit of value behind it, but what’s the big number that it all adds up to? We’ll cut straight to the big number – $740 billion. That’s the cumulative

The 8 Big Obstacles to Homeownership in 2015

What obstacles remain in the homebuying process? Consumers have many expectations for the housing market in 2015, but they’re also operating under little allusion as to the obstacles that remain in place between them and their dream home. So

The Top 3 Consumer Expectations for Housing in 2015

Agents may be looking up when it comes to 2015’s housing market, but how do consumers feel about the impending year? The news cycles have been chock-full of stories on what analysts and trade professionals expect for housing and

Are Americans Finally Feeling Better About the Economy?

Economic sentiment has been pretty low for some time here in America, but does new survey data show that’s changing for the better? After a long purgatory, it seems that Americans are finally re-gaining their confidence in the economy,

3 Important Trends To Follow For the 2015 Housing Market

What should be on your horizon, as the 2015 housing market begins to take shape? The 2015 housing market is nearly upon us, and to help you prepare in your business, we’ve described below three of the big trends

Latest Case-Shiller Reports Balanced Home Prices in the Windy City

S&P’s newest Case-Shiller report revels a slow climb towards balance and a strong end to 2014. It was another month of balance for the Windy City, according to the newest Case-Shiller Home Price Indices from Standard & Poor’s. Chicago

High-End Condo Sales Highlight Division in Chicagoland Market

Chicagoland’s luxury market is on the rise. But how does that bode for the rest of the industry? The story of Chicago over the last 12 months can be summed up in a single word: bifurcation. Though the market

The Top-Selling Neighborhoods in Chicago

Yet again, Chicago’s Near North Side neighborhood triumphed. Last week, we reported that Aurora was the place to be for home sales in Chicago’s suburbs in November, and now, in a follow-up report using the same information from Redfin, we’ve found

Special Report: The Problem of Negative Equity in Chicagoland is Far From Over

Negative equity may be down in Chicagoland, but that doesn’t mean that it’s no longer a problem. Last week, we reported a much-needed dosage of good news – that after peaking a few years back, negative equity in Chicagoland has

The Top-Selling Suburbs in Chicagoland

These were Chicagoland’s top-selling suburbs, according to the latest data November was a good month to be an agent in Aurora – according to numbers that Redfin provided us, the town was not only the top-selling Chicago suburb last

5 Important Stats in Today’s New Home Sales Report

The latest new home sales report is out, but what details of that report should you keep in mind for your business? The latest Census Bureau report on new construction dropped this morning, and it concerns the home sale

Good News For Chicagoland – Congress Extends Mortgage Forgiveness Debt Act

Hey! Congress did something good! Here’s a great piece of news for the holiday season – in a refreshing act of bipartisanship, the Senate approved a measure 76-16 this week to extend the Mortgage Debt Forgiveness Act (MFA) through 2015;

Chicagoland Housing Market Continues Balancing Act in November

Numbers may have been down in Chicagoland’s housing market in November, but it all is part of a larger plan. Home sales in the nine-county Chicagoland area were down 8.8 percent year-over-year in November, while median sales price was up

November Marks a Month of Decline, But Promise

As the temperature falls, so have existing-home sales, but numbers still indicate a slow return to normalcy. The market peaked for 2014 in October, according to the National Association of Realtors recently released existing-home sales report. In November, existing-home

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