Current Market Data

Are Home Prices Rising Too Quickly?

The turnaround in home prices has been one of the major narratives of the housing recovery, but could it be a curse disguised as a blessing? By most measures, U.S. home prices fell by more than a third from

Shadow Inventory Down 28 Percent From Peak

Shadow inventory is down an impressive 28 percent from its 2010 peak, but do its effect still languish in certain markets? CoreLogic’s latest report on shadow inventory in the U.S., which surveyed the nation’s inventory of seriously delinquent, REO

Hispanics Dominate Among First-Time Homebuyer Demographic

According to new research from the National Association of Hispanic Real Estate Professionals, homeownership among Hispanics is surging. Hispanics have been garnering increasing attention in recent months for their growing importance to the U.S. housing market, and a new

The 21 Chicagoland Markets Your Clients Should Consider

With dozens of communities and nearly 10 million residents, Chicagoland offers homebuyers a wealth of options, but these 21 markets stand apart from the rest. Zillow named Chicago the best market in the U.S. for homebuyers in 2012, and

Tight Inventory Constrains Pending Sales in February

The nation’s shrinking housing inventory has begun affecting pending home sales, the National Association of Realtors has reported. Pending home sales stalled a bit in February, as the nation’s shrinking housing inventory offered homebuyers fewer and fewer choices. The

New Homes Sales in Feb Up 12.3 Percent

Though the sales of new single-family home sales faltered a bit month-to-month, they retained their strong yearly gains. After posting its strongest numbers in more than four years in January, sales of new single-family home sales faltered a bit in

Property Near Public Transit? It’s Higher in Value

A new study commissioned in part by the National Association of Realtors found that Chicago residences located near public transportation outperformed – by a wide margin – competing properties on the real estate market. A new study by the

Freddie Mac Predicts Best Spring for Housing in Six Years

The spring homebuying season is an integral time for real estate, and Freddie Mac is predicting 2013’s will be good news all around. The last couple months, there have been repeated signs of a housing recovery. From rising home

Chicago Home Prices Up Yearly, Down Monthly in January Case-Shiller

Nationwide home prices continued to recover in January, but how did our local housing market perform by comparison? Chicago home prices continued to lag behind most of the nation’s major housing markets in January according to the lastest Case-Shiller

NAHB Improving Markets Index Hits 274 Markets in March

The NAHB’s Improving Markets Index improved yet again in March, as more and more metropolitan areas join in on the recovery. The National Association of Home Builders’ (NAHB) Improving Markets Index expanded to 274 metropolitan markets in March, as more and

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