Current Market Data
CoreLogic’s third quarter equity report helps instill confidence for 2015. Early today, CoreLogic released its quarterly equity report, detailing the state of both the nation and individual metros in regards to the current level of equity in the market.
The news was ALMOST uniformly good for the housing market in the latest government jobs report. The economy ended 2014 in a most delightful fashion, with the government releasing a very positive jobs report for December. How does such
Asking prices ended the year with a bang, according to new analysis. The Chicagoland housing market closed off 2014 in a strong way, with asking prices rising 9.6 percent for the year, according to the latest Price Monitor from
Latest CoreLogic report shows prices falling moving into 2015. However, experts say we’re still poised for a strong year. National home prices climbed yet another rung on the industry ladder in November, according to CoreLogic’s latest home price report.
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
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
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
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
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
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,
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
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
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
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
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
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