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Current Market Data

Chicago Real Estate Shows Life in 2012, Sales Up 26.7 Percent

The Chicago real estate market showed considerable signs of life in 2012, with year-end home sales totaling 90,365, a 26.7 percent increase from 2011, according to the Illinois Association of Realtors. Homes sales in December were similarly strong, increasing

MRED’s Inventory of Homes Half That of Two Years Ago

Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service, announced that December 2012 figures indicate the volume of properties for sale on Dec. 31, 2012 was at about 50 percent of that for 2010, with the number of for-sale

Home Price Increases Lift 1.4 Million Borrowers From Negative Equity

Riding the wave of increasing home prices, approximately 100,000 borrowers were lifted out of negative equity in the third quarter of 2012, according to the latest analysis of mortgages by CoreLogic. From January to September 2012, 1.4 million borrowers

2012 Ends on Solid Footing in Redfin Real-Time Price Tracker

The U.S. housing market ended 2012 on solid footing in the Redfin Real-Time Price Tracker, with home prices, housing inventory and home sales all improving over 2011. A monthly measure of the housing market’s key fundamentals, the Real-Time Price Tracker tracks

Are Price Reductions Becoming More Infrequent?

Heavy price reductions were one of the ugliest side effects of the housing downturn, but a new study by Trulia suggest that price reductions may be happening with fewer frequency as the housing market

Housing Starts Soar in December to Highest Level Since 2008

Housing starts soared in December, climbing 12.1 percent from November and 36.9 percent from December 2011 to a seasonally adjusted annual rate of 954,000, according to the latest numbers from the U.S. Census Bureau and the Department of Housing and

Builder Confidence Holds Firm in January Housing Market Index

Builder confidence in the newly built, single-family homes market held firm in January, remaining at a level of 47 in the NAHB’s Housing Market Index, the industry’s leading measure of builder confidence. That’s the eighth consecutive month of gains for the

Home Prices Increase 7.4 Percent in CoreLogic HPI, Hit Six-Year High

By Peter Ricci Home prices increased 7.4 percent from November 2011 to November 2012 in the lastest CoreLogic HPI, which is the ninth straight month of year-over-year home price increases and the strongest showing from home prices since May

CoreLogic: Total Home Sales Increased 6 Percent from 2011 to 2012

Total home sales increased 6 percent in 2012 over 2011 according to the January MarketPulse report from CoreLogic, a wide-ranging analysis of the housing market that anticipated good things for the real estate industry in 2013. With that 6

Improving Markets List Adds 47 New Metros, Positive Sign for Housing

According to the National Association of Home Builders/First American Improving Markets Index (IMI), the number of metropolitan areas on the IMI list rose for a fifth consecutive month to 242 in January, marking what the NAHB calls “the latest

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