Current Market Data
Selling a house can be a cumbersome process, but if the appropriate steps aren’t taken and details considered, sellers and agents alike could be losing out on thousands. #99966933 / gettyimages.com It was only a few years ago that
Housing starts may have been down last month, but there are many more details about new construction that are of equal import. #200263624-001 / gettyimages.com The Census Bureau released its latest report on new construction, and it wasn’t pretty
After a sorrowful period in the woods, builder confidence has returned to the promised land this month. #82355279 / gettyimages.com The National Association of Home Builders/Wells Fargo Housing Market Index (HMI), the nation’s leading measurement on builder confidence in
Cost burdens have become commonplace in housing, and they’re especially pronounced in the nation’s largest metro areas. #145868156 / gettyimages.com The housing market has bounced back in a major way the last couple years, but it’s introduced us to
On early Tuesday, a collection of Coldwell Banker Residential Brokerage agents gathered in a small room of Chicago’s Omni Hotel on Michigan Ave. to listen to and learn from successful Beverly Hills-based luxury agent Jane Brill Gavens. For a
Heavy investment activity has helped deplete inventory levels, as well as buyer confidence, but a new Redfin survey suggests that dynamic may be shifting. #156881948 / gettyimages.com It’s been nearly seven years since the housing bubble collapsed; yet, the
Anyone can observe that buyer traffic is down from last year, but a new report tacks a number to that decline – and it’s a big one. #159449352 / gettyimages.com We’re hardly the first publication to point out that buyer
Foreign consumers regained their appetite for U.S. housing in a major way in the 12-month period ending March 2014. #185761563 / gettyimages.com International sales – aka, home purchases in the U.S. by foreign consumers – soared an incredible 35
Housing has made definite progress the last couple of years, but what hurdles remain for the industry? #488933561 / gettyimages.com There’s little doubt that the U.S. housing market has made notable improvements in recent years. For instance, delinquent mortgages
The nation continues to improve, clearing out thousands of foreclosures each month, but some states and cities are doing better than others. In May, the national foreclosure inventory continued its 31 consecutive months of year-over-year declines, dropping 4.8 percent,
BMO Harris Bank recently released its Bank Housing Confidence Report with results proving heightened certainty in today’s housing market. The study reported that 53 percent of Illinois residents plan to purchase a home in the next five years and
REO listings have been on a steady decline for some time, but have they reverse course in 2014? #101057102 / gettyimages.com The decline of distressed home sales has been one of the great success stories of the housing recovery.
Cash is still king, but for how much longer? New Zillow report reveals dwindling all cash purchases in many metro areas. When the housing bubble collapsed in 2007 and home prices plummeted, forward-thinking investors seized an opportunity to snatch
What neighborhoods in Chicago generated the most sales activity? #103622920 / gettyimages.com We recently reported on what Chicagoland suburbs saw the most home sales in May, and thanks to the Chicago Association of Realtors, we now have similar data
The good news train continued rolling in June with the release of Trulia’s latest Price Monitor. #475618395 / gettyimages.com Asking prices in the Chicagoland area rose a hefty 13.8 percent year-over-year in June, according to the latest Price Monitor
Millennials have been missing in action thus far in the housing recovery, but a new survey suggests that the future holds good things. #163372008 / gettyimages.com The housing market may have shown an encouraging blast of activity in 2013,