Current Market Data
Short answer: Yes. But not quite in the way mom and dad did it, according to a survey of over 2,000 American renters and would-be homeowners.
S&P Dow Jones Indices noted that inflation outpaced national home-price appreciation for the ninth month in a row.
That timeline is typical for a family saving 15% of their income, assuming a 15% down payment.
The spring market is off to a competitive start across Chicagoland suburbs, according to Mainstreet REALTORS®’ March data report.
Among over 600 home features and design aspects, exposed beams were the most popular — home listings featuring the element saw 19.7% more engagement on Zillow.com.
Boomers made up 42% of all homebuyers during the period from July 2024 to June 2025, unchanged from the same time a year prior. Millennials lost market share, making up 26% of buyers, down 3% year over year.
The average monthly payment on an outstanding home loan reached $2,005 in the fourth quarter of 2025, according to Realtor.com’s latest data based on FHFA figures.
Redfin noted that millennials are currently the largest generation, making the rate of boomer homeownership even more outsized in comparison.
S&P Dow Jones Indices noted that inflation outpaced national home-price appreciation for the eighth month in a row.
The 2026 National Housing Supply Summit was held in Washington, D.C., on March 18.
Nationally, home sales in the 51 metro areas surveyed by REMAX declined 3.2% year over year and rose 11.1% month over month.
Though the most lucrative week to list varies by city and region, spring is undoubtedly the smartest season to list.
Home sales slowed across suburban Chicago in February, but Naperville led the region with 63 detached home sales during the month, a 16.7% increase compared to last year, according to Mainstreet REALTORS®.
Regionally, pending sales rose in the Midwest, South and West, and declined in the Northeast on a month-over-month basis.
Homeowners are increasingly turning their properties into rentals, and a new report from Zillow says that the trend may not have even peaked yet. According to the report, 2.3% of homes listed for rent on Zillow were recently listed for sale, just below the six-year
Illinois isn’t a foreign buyer’s market waiting to happen. It is one that’s been quietly thriving for years.