Current Market Data

Chicagoland supply balances, but numbers vary wildly by county
Chicagoland supply balances, but numbers vary wildly by county

RE/MAX's June 2019 Housing Report for Chicagoland shows overall indicators of slower sales and moderately increasing prices. But the view depends a great deal on which county you’re selling

Why Chicago stayed affordable while other big cities didn’t
Why Chicago stayed affordable while other big cities didn’t

A new study finds that, since 1960, median home prices have climbed by 121 percent, and household incomes rose less than one fourth as fast. But digging into the data in Chicagoland, a more nuanced picture emerges.

More first-time buyers facing budget constraints this year
More first-time buyers facing budget constraints this year

Money woes have become a bigger obstacle for those looking to break into homeownership than they were two years ago. Also, somewhat surprising data about the proportion of first-time buyers shopping for homes in rural

Mortgage application activity remains high as rates stabilize
Mortgage application activity remains high as rates stabilize

Find out the latest numbers for mortgage application activity, interest rates and what to look for in the near future, as markets expect the Fed to lower interest rates later this

Why aren’t more homes hitting the market in Chicago, and what can be done about it?
Why aren’t more homes hitting the market in Chicago, and what can be done about it?

Just when many housing markets were seeing some relief in their scant inventory of for-sale housing, there are now fresh signs afoot that supply levels may return to a trend of

Homeowners and appraisers agree more on value
Homeowners and appraisers agree more on value

New data from Quicken Loans shows homeowners are becoming more realistic about the values of their homes, though exactly how rational they are varies quite a bit from city to city. Find out how Chicago compares to the rest of

Mortgage delinquencies hit historic lows
Mortgage delinquencies hit historic lows

Low unemployment, rising home prices and responsible underwriting are all identified as sources for these positive numbers. Still, there's one major factor external to the economy that can have a major impact on the rate of foreclosures in a given

Mortgage update for the week of June 24
Mortgage update for the week of June 24

The number of mortgage applications submitted during the week ending June 21 grew 1.3 percent, and rates on the standard 30-year fixed-rate mortgage continued their downward slide.

May pending sales report adds to positive summer housing forecasts
May pending sales report adds to positive summer housing forecasts

Less than a week after the National Association of Realtors reported stronger than expected existing-home sales for the month of May, there’s more good news for the U.S. housing market. NAR’s Pending Home Sales Index for May came in

High-end home sales decline nationwide
High-end home sales decline nationwide

In March, the luxury home market saw the largest drop in sales since 2010 with an 8.3 percent year-over-year decrease in closings, according to data gathered by Realtor.com. There were just 8,343 sales in excess of $1 million across

New Subscribe