Current Market Data

Is Chicagoland’s Inventory Heading Towards a Surplus?

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

Chicago Boasts Highest Price Per Square Foot Increases in Nation

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 3 Things that Could Hold Housing Back in 2014

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

Regulators Close to Chucking 20% Downpayment Requirement

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

CoreLogic Report: Chicagoland Home Prices Rise, Pace Slows

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

The Serious Delinquency Roller Coaster Ride

We keep hearing that the nation’s serious delinquency rate has fallen, but what does its overall trajectory look like? #a0071-000153 / gettyimages.com The other week, news broke that the nation’s serious delinquency rate, as measured by Fannie Mae, fell

The 3 Things You Should Know About Student Loan Debt

Student debt is back in the news this week; as real estate agents, what details should you know? #107831987 / gettyimages.com Thanks to President Obama, the student debt crisis is back in the news, and once again, the numbers

Shocking Number of Americans Think We’re Still in a Housing Crisis

The numbers may be telling us that the housing crisis is a thing of the past, but don’t say that to a shockingly high percentage of consumers. #109350597 / gettyimages.com You’d think it was a fabricated stat – 70

CoreLogic Report: How Does Chicagoland Stack Up?

A new report from CoreLogic shows a slight increase in the amount of equity in the market – but some did better than others. #466666229 / gettyimages.com The timeline of the housing crisis unfolded differently from state to state, with some feeling

More than Half of U.S. Adults Cannot Afford Their House

A new survey from the MacArthur Foundation is generating substantial waves, and for good reason – its findings are quite surprising. #83590515 / gettyimages.com Here’s a stat you wouldn’t expect to see: in the past three years, 52 percent

Why We Might Be Saying Good-bye to Fannie and Freddie

The U.S. Senate has taken a step towards reforming Fannie Mae and Freddie Mac, only it might be in the wrong direction. #479290095 / gettyimages.com Go back five or six years and you’d be hard pressed to find a news

Chicagoland Asking Prices Post Dramatic Growth

Asking prices remained quite strong in our metro area in May, according to fresh numbers from Trulia. #159405477 / gettyimages.com The good times continued to roll for home prices in the Chicagoland area in May, with asking prices rising 13.5

New Legislation Has Industry Insiders Drawing Battle Lines

SB2664 passes the state General Assembly, but arguing sides has “veto” ringing in the governor’s ears. #129313580 / gettyimages.com In 1963, the Illinois General Assembly passed into action the Condominium Property Act. For more than four decades, the legislation has

New Report Has Chicagoland Homebuyers Smiling

New report from CoreLogic details the slow, but steady recovery of the nation’s housing market as states plow through pending foreclosures – how did your city do? #172917078 / gettyimages.com As one of 24 judicial states, which require all

Mortgage Payments in Illinois Way Down Since 2006

Mortgage payments were way out of control during the boom era, but new data suggests they’ve simmered down considerably. #157740817 / gettyimages.com During the housing boom years, home prices were not the only numerical value relating to housing that

Redfin Report: What Has Many Homes Selling Faster

Despite depleted inventories, a new Redfin reports finds home tours, offers and overall demand are still holding strong. #172155167 / gettyimages.com Home tours and offers have historically responded to the ebbs and flow of available inventory – an almost

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