Current Market Data

3 Important Trends in Housing For the Rest of 2013

The housing market has grown in many interesting ways so far this year, and agents will have some interesting details to consider for 2013’s second half. The housing market has cut an encouraging path the last six months. What

WWBD: What Would Buyers Do For That Dream House?

Homebuyers have a number of worries regarding the housing market, as the summer draws to a close; what lengths would they go, though, for that dream house? Earlier this week, we reported on the seven things that worry homebuyers

CoreLogic: Foreclosure Inventory Down 28% in June

The nation’s foreclosure markets continued to improve in June, according to the latest report from CoreLogic. CoreLogic’s National Foreclosure Report for June brought further good news to the housing recovery, with foreclosure inventory and completed foreclosures both showing encouraging

The Enormous Potential of Millennial Homebuyers

Everyone says that Millennial homebuyers offer a huge opportunity for housing, but now, we can finally put a number behind it – and it’s a big one. It’s no mystery that Millennial homebuyers have been missing in action thus

What Are Chicago’s 10 Busiest City/Suburban Markets?

Chicagoland’s housing recovery has been picking up steam in recent months, but some markets have been performing better than others. What are the busiest housing markets in the city and suburban markets of the Chicagoland area? To answer that

The 7 Things That Worry Buyers Most about the Buying/Selling Process

In the last year, we’ve entered a new world order in real estate, and homebuyers are facing a number of concerns as a result. It’s a new world out there in the U.S. real estate market. Gone are the

Pending Home Sales Near Six-Year High in June

Pending home sales were at their third-highest level since 2006 in June, but are rising mortgage rates beginning to have an impact? Pending home sales were at their third-highest mark in more than six years in June, though industry

Chicago Home Prices Rise 3.7% From April to May in Case-Shiller

The May Case-Shiller was the best news yet for Chicago’s housing market, with home prices in the city putting up some of the best numbers in the nation. May’s Case-Shiller Home Price Indices report from Standard & Poor’s offered

How Many MRED Users Login to connectMLS From a Mobile Device?

Of MRED’s 36,000-plus users, how many login to connectMLS from a mobile device? And how do those numbers compare with past years? Click on our infographic below to find

What Features Do Homebuyers Value Most in Online Listings?

We all know how important the Internet is for real estate today, but what features of the Internet do homebuyers most value? Here’s a shocking piece of information – the Internet is an extremely important component for selling real

DuPage County Among Top 5 New Construction Markets in U.S.

In terms of traffic and contract growth, DuPage County is among the top 5 new construction markets in the nation. DuPage County is one of the top 5 new construction markets in 2013, according to data from Metrostudy. Analyzing

Will Rising Mortgage Rates Lead to Lower Home Sales?

It’s the big question on everybody’s mind – will the rising mortgage rates of the last couple months produce a noticeable fall in home sales? Mortgage rates have been on the rise the last couple months. Since the beginning

Census Bureau: New Home Sales Jump 38.1 Percent in June

June was a rollicking good month for new residential home sales, which posted strong increases on both monthly and yearly measures. New single-family home sales were up 38.1 percent year-over-year in June, in addition to an 8.3 percent monthly

Inventory is on the Rise Nationally – What About in Chicago?

The news was good for housing inventory in Monday’s existing-home sales report from NAR, but has the situation improved at all here at home? Housing inventory nationwide increased just under 2 percent from May to June, rising to a

The Top 10 Features that Upscale Buyers Want in Their Homes

Upscale buyers are a different breed of consumer, and their desires for their residences are outside the beaten path, as a new NAHB survey uncovered. What do the affluent want? That’s the question at the center of a very

Chicagoland Home Sales Jump 18.7 Percent in June

June was a strong home for home sales in both the city of Chicago and its surrounding suburban markets, according to new research. In the nine-county Chicago Primary Metropolitan Statistical Area (PMSA), home sales (single-family and condominiums) in June

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