Current Market Data

3 Implications of Zillow’s $3.5 Billion Acquisition of Trulia

The Zillow/Trulia merger could mean serious alterations to how agents and consumers interact. After a weekend filled with rumor and speculation, news dropped this morning that Zillow will indeed acquire Trulia for a cool $3.5 billion, creating by far the

The Top-Selling Chicago Neighborhoods in 2014 – Thus Far

Last week, we reported on the top-selling Chicago neighborhoods of June, but what neighborhoods are on top thus far in 2014? We’re halfway through 2014 – what Chicago neighborhoods have put up the most home sales? And how do

The 10 Top-Selling Suburbs in Chicagoland in 2014’s First Half

What were Chicagoland’s busiest suburban housing markets in 2014’s first half? #154343349 / gettyimages.com Earlier this week, we reported on the top-selling suburban housing markets in June, but what have been the top selling markets in the first half

4 Important Tidbits on the Demoralizing New Home Sales Report

June proved a very rough month for new home sales, but how bad are things, really, for the beleaguered homebuilding sector? #162748979 / gettyimages.com The headlines sure are negative – at a seasonally adjusted annual rate of 406,000, the sales

Subprime Market Major Hurdle for Hopeful African American Homeowners

Despite improve racial equality by leaps and bounds, the U.S. housing market continues to struggle with racial disparities. #157169491 / gettyimages.com Through much adversity, African Americans have made considerable strides towards equality in the U.S. However, barriers to homeownership,

The Top-Selling Neighborhoods in Chicago

The city of Chicago outperformed the greater metro area in June; how did its specific neighborhoods shape up? Earlier this week, we reported that the city of Chicago saw higher sales activity than the wider metro area in June.

NAR: National Market Posts Strong Performance in June, Construction Still Lacking

Existing-home sales were up in June, which bode well for the market, but construction and low wages remain barriers to full recovery. #187462241 / gettyimages.com The third quarter of 2014 is already churning out good news for the housing

More Than a Third of Chicagoland Home Sales Still All-Cash

All-cash sales still remain quite prevalent in the U.S. housing market, especially here at home. #463245891 / gettyimages.com A hefty 37 percent of home sales in the Chicagoland area were all-cash transactions in April, according to exclusive analysis from CoreLogic, the

4 Reasons the Housing Market Could Improve in 2014’s Second Half

What good signs lie beyond the horizon for housing in 2014’s second half? Using analysis from a recent Redfin report, we put together the following

5 Things You May Not Have Known About the Mortgage Market

The mortgage industry has been subject to several changes over the last few years, and they might be having a bigger impact than you expected. Over the last year and a half, the financial side of real estate has

The Top 10 Selling Suburbs in Chicagoland

During the rainy month of June, what housing markets in Chicagoland’s suburbs saw the most home sales? #91902827 / gettyimages.com Earlier today, we reported that the city of Chicago saw stronger sales activity than the surrounding suburbs, though price

IAR: Chicago City Housing Market Outperforms Metro Area in June

The city of Chicago posted stronger housing numbers than the surrounding metro area in June, according to new analysis. Home sales in the city of Chicago rose 1.2 percent in June from last year to 2,761 sales, while median

Between a (Rental) Rock and a Hard Place

The unaffordable simply becomes more unaffordable in today’s whacky rental landscape. #88689600 / gettyimages.com At the start of July, we reported on the latest rental data from Reis, which found that the nation’s rental market continued to grow more expensive

9 Mind-Blowing Facts About Real Estate in the U.S.

Even we were surprised by some of the following facts. #469971159 / gettyimages.com The U.S. housing market is a massive industry, one that incorporates not only elements of real estate, but of banking (both commercial and investment), appraising, marketing, advertising

Does Healthy Growth Mean Less Affordability in Chicago?

Rising home prices are indicative of a healing housing market, but some Chicagoland buyers are finding they can’t afford as much as they used to. #182363428 / gettyimages.com In the throes of recovery, Chicagoland buyers have grown somewhat accustom

The End of Suburban Sprawl?

A new study suggests we may be seeing the beginning of the end of suburban sprawl. #147480838 / gettyimages.com Since the early 1940s, many of the United State’s most prominent metro locations have been characterized by sprawl, which refers

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