Current Market Data
New report finds national existing-home sales increasing for the second consecutive month. #183008215 / gettyimages.com Carrying the momentum picked up in April, national existing-home sales continued rising strongly in May, according to a report from the National Association of
Though the headlines will likely highlight Chicagoland’s drop in home sales, that decline is actually a good thing. #162503778 / gettyimages.com We’ll get the disappointing news out of the way: in May, home sales in the nine-county Chicagoland area
April was another strong month for local home prices, according to the latest statistical wizardry of the Case-Shiller. #149906951 / gettyimages.com Home prices in the Chicagoland area posted another strong month of returns in April, rising 2.0 percent from
With home prices and new listings on the rise, Chicagoland is continuing along its lengthy path towards recovery. #495404109 / gettyimages.com A new report compiled by Midwest Real Estate Data, published early Monday morning, marked another step in the
We all think we have a handle on how real estate referrals function, but the following stats are still eye popping. #151910629 / gettyimages.com Everyone and their uncle knows that referrals for the bedrock of any flourishing real estate
We’re conditioned to think that downpayments lower than 20 percent are in scant supply, but the data doesn’t bare that out. #96161922 / gettyimages.com It’s the peanut butter and jelly of today’s mortgage markets – not only do lending
After a few months of fluctuations, it appears builder confidence has regained its, well, confidence! #103724088 / gettyimages.com Builder confidence for the single-family new construction home marketplace rose four points in June to reach a level of 49, according
National real estate job prospects are expected to grow over the next eight years, but it is a much different story in Illinois. According to data provided by the U.S. Bureau of Labor Statistics, the real estate industry, particularly
The Census Bureau’s new data on residential construction is out, but as always, we’re here to report on what lies between the lines. #482869355 / gettyimages.com Housing starts in the month of May reached a seasonally adjusted annual rate
A new report finds that construction is failing to meet the explosive level of job growth in many areas throughout the country; though, what that means is up for debate. #102853195 / gettyimages.com Earlier this month, the Department of
Everyone knows that mortgage rates increased in a sudden, dramatic fashion in 2013, but how did that increase end up impacting housing? #98476417 / gettyimages.com It was the most dramatic story to hit housing since the downturn: on May
New State of the Real Estate Market from Movoto highlights significant gains in inventory throughout the country, but not every metro was so lucky. #92418005 / gettyimages.com It’s been a good year for the Windy City and things are
May was another banner month on the price per square foot front, according to the latest numbers from Movoto. #152405650 / gettyimages.com Price per square foot in the Chicagoland housing market rose an incredible 27.6 percent year-over-year in May,
The housing market has made considerable strides in the last few years, but what could hold it back from a true recovery? #173807241 / gettyimages.com There are many uncertainties in this world, but here’s something we can be fairly
The 20 percent downpayment in the Dodd-Frank bill proved quite controversial, but it’s looking like it will not become a reality. #112781338 / gettyimages.com A newly announced compromise between the SEC and federal regulators will likely result in the
New report finds home prices on the rise all throughout the nation – How did we do? #184395627 / gettyimages.com A new report from CoreLogic, released earlier this month, revealed that home prices in Chicagoland are continuing to ebb their way