Current Market Data

NAR’s 2013 Profile of Home Buyers and Sellers: Homebuyer Characteristics

Christmas comes early every year for the Chicago Agent staff with the release of the Profile of Home Buyers and Sellers from NAR. Rejoice – ’tis the most wonderful time of the year! No, we’re not celebrating an early

The 4 Most Common Homebuilder Incentives – Then and Now

Homebuilder incentives were commonplace in the housing market in the months following the market crash, but how common are they now? In the months following the housing crash, homebuilders across the country were presented with a most unique of

How Many Sellers in Chicagoland Lower Their Asking Prices?

How common is it for home sellers in our area to lower their asking prices? And how do we compare with other major metro areas? Signs have been quite clear in recent months that the housing market has noticeably

Is Consumer Interest in Housing Starting to Wane?

The housing market experienced a great swing of activity in the summer months, but what’s happening now as the market starts to cool? Homebuyer interest may have surged to its highest level in years during the summer homebuying season,

MBA: Chicagoland’s Foreclosure Inventory Down 33%

The health of Chicagoland’s housing market continued to improve, according to the latest market research by the Mortgage Bankers Association. Foreclosure inventory in Chicagoland fell a hefty 33 percent year-over-year in the third quarter, according to the latest National

Trulia: Chicago Asking Prices Jump 16.4% in October

Asking prices seem to be slowing down nationwide, but is that the case here in Chicago? October was a very positive month for Chicagoland’s asking prices, with the metro area posting some of the best numbers in the nation

The 6 Reasons that Chicago Homeowners Invest in Improvement Projects

We’re often told how great home improvement projects are for home sellers, but what are the actual reasons that sellers pursue such projects? Home improvement projects are often pegged as one of the grandest reasons for owning a home

CoreLogic: Chicagoland Home Prices Up 9.96% in September

September was a solid month for home price growth in Chicagoland, with prices rising in the latest index from CoreLogic. Home prices in the Chicagoland area rose 9.96 percent year-over-year in September, according to the latest Home Price Index

3 Undeniable Signs That the Foreclosure Markets Have Improved

It’s been a slow, steady recovery for the nation’s foreclosure markets, but CoreLogic’s latest report solidified just how far they’ve traveled. The release of CoreLogic’s latest National Foreclosure Report, which covered economic data through September, made one thing clear

How is Buyer Demand Affected By Quality Inventory?

LeapRE analyzed the total number of listings on the market by quarter compared to the average time on the market, and found that, interestingly, when there was less inventory on the market, the average time on market for a

Residential Construction in Chicago Skyrockets 74% in September

September was a VERY positive month for Chicago’s residential construction sector, which saw yearly gains that far outpaced other metro areas. Though residential construction in Chicagoland remains historically low, the area posted the strongest numbers in the nation among

The Nation’s Top Cemetery Housing Markets – A Deathly Serious Affair

This is Halloween, and cemeteries and gravestones are among the most quintessential images of the season. But year-round, how many transactions are near these arguably creepy areas? We associate many images with Halloween: witches, jack-o-lanterns, vampires, werewolves, and of

22.1% of Chicago’s Listings Pending in Two Weeks

The real estate market continues to slow down nationwide, but are the national trends consistent here in Chicago? The U.S. housing market continued to slow in September, according to the latest Real-Time Fastest Markets report from Redfin, which measured

Chicago Home Prices Up 8.7% in August Case-Shiller

August was another solid month for home prices in the Windy City in the latest Case-Shiller Home Price Indices. Home prices in the Chicago metropolitan area rose 8.7 percent year-over-year in August, according to the latest Case-Shiller Home Price

Chicago’s 10 Busiest Neighborhoods/Suburbs in September

In the latest of our monthly feature, we look at what the busiest neighborhoods and surrounding suburbs were in the wonderful Chicagoland in September. September, as we reported earlier, was a very positive month for Chicagoland real estate: home

Pending Home Sales Fall for Fourth Straight Month in September

New data from NAR shows that pending home sales continued their downward progression in September. Pending home sales fell once again in September, with the Pending Home Sales Index from the National Association of Realtors (NAR) falling 5.6 percent

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