Current Market Data

Reis: Chicagoland Rents Just Keep on Increasing

The rental markets have been on a steady rise since 2009, but did that continue into 2014’s second quarter? In a word, yes! #88900792 / gettyimages.com The rental market in the Chicagoland area continued its ascent in 2014’s second quarter,

Residential Construction in Chicago Stumbles in May

Residential construction markets were a bit inconsistent in May, though the news was not all bad. #104316676 / gettyimages.com Residential construction in Chicago declined a bit in May, falling 9 percent year-over-year to $238 million, according to the latest

CoreLogic Report: How Home Prices Did In May

Home prices are on the rise, according to a new report from CoreLogic. But what do those gains mean for the industry? #135385164 / gettyimages.com National home prices again rose in May, marking the 27th consecutive month of year-over-year

What Has Chicago Investors Flipping?

A new report from Redfin details the state of house flipping in the country, and what that might mean for the immediate future of the industry. #173242927 / gettyimages.com In 2013, while home prices were still being driven up by

NAR Report: What Pending Home Sales Can Tell Us About the Market

Pending home sales increased for the month of May, but many first-time buyers are looking for more incentive to enter the market, according to NAR. #154455910 / gettyimages.com In May, pending home sales and inventory levels rose as mortgage rates

4 Key Housing Trends at 2014’s Halfway Point

We’re just about at the halfway point for 2014 – how has the housing market fared, thus far? #172290866 / gettyimages.com We’re now at the halfway mark for 2014, and unsurprisingly, the year has brought many new surprises and

“Coming Soon” Listings: A Blessing or a Curse?

Zillow’s move to include “Coming Soon” listings has led to an industry-wide conversation about the potential of the strategy. When someone wants something, there’s no better way to make him or her want it even more than by putting

Which Billionaire Could Buy Your Chicago Suburb?

Of America’s various billionaires, who has the necessary funds to buy an entire Chicagoland suburb? Take a look at our infographic below, which collects data from a very interesting Redfin study, to find

5 Takeaways From the Latest New Home Sales Report

The Census Bureau came out with its latest report on new home sales this week; what were its main findings? #152392688 / gettyimages.com The U.S. Census Bureau released its latest findings on new construction housing this week with a

New Home Sizes in the U.S. Just Keep Growing and Growing and Growing

It’s no mystery that newly built single-family homes are pretty big nowadays, but the latest data still surprises. #173750263 / gettyimages.com The last couple of years, we’ve been steadily tracking the return of large new construction homes, but even we

The 10 Top-Selling Suburbs in Chicagoland

What suburbs in Chicagoland saw the most sales activity in Chicagoland in the rainy month of May? #140686864 / gettyimages.com We reported yesterday on the wider home sales trends in Chicagoland, but what specific suburbs saw the highest number

NAR Report: Market Improving After “Lackluster” First-Quarter

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

Chicagoland’s Housing Market Continues to Normalize in May

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

Chicagoland Home Prices Continue Ascent in Case-Shiller

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

MRED Report Reveals How Chicagoland Did in May

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

5 Eye-Opening Stats on How Referrals Truly Work

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

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