Current Market Data

Rents are on the rise again, though only slightly in Chicago

A new report from CoreLogic shows U.S. single-family rent price growth is moving toward stabilization.

True colors: A room-by-room color guide

Most Realtors know a fresh coat of new paint can transform a space, but do they know which colors will attract buyers? A new study has the answer.

First American: Homesellers playing ‘musical chairs’

Homesellers continued to sell homes to each other in September, making the market resemble a game of ‘housing musical chairs,’ according to First American chief economist Mark Fleming.

Chicago home prices up 10.3% from last year

“If sky-high prices continue to lure more sellers into the market, it could prompt the inventory rebound we’ve been waiting for — which would be welcome news for frustrated buyers.” — Javier Vivas, director of economic research for realtor.com

Is the flight to the suburbs a myth?

“Increasing house price appreciation in suburban zip codes points to higher demand relative to supply in the suburbs but does not necessarily indicate what’s fueling the demand,” the study notes. 

Serious delinquencies up, despite strong housing demand

Four months into the pandemic, the 120-day delinquency rate for July spiked to 4.1%, the highest rate in more than 21 years and double the December 2009 Great Recession peak.

Real Data 2020: Quarter 4

The numbers are in for the fourth quarter of Chicago Agent magazine’s Real Data 2020!

Bigger is better, say homeowners and renters who are working from home

The work from home phenomenon — and the need for a dedicated home office— is driving demand for more space among both buyers and renters.

Chicago suburb ranks high for big city feel

The suburbs are becoming more alluring to residents of major cities as the COVID-19 pandemic continues into autumn.

Home price appreciation reaches highest level since June 2018, though declines predicted

The latest HPI Forecast predicts home price growth will slow over the next 12 months through August 2021 with price declines in 27 states.

Pending Home Sales hit record high; rally expected to continue

August contract signings exceeded pre-pandemic levels, according to the latest Pending Homes Sales Index from the National Association of Realtors.

NAR helps secure federal funds for transportation, flooding

It was a hard-fought effort to procure federal funds in the middle of a recession, but NAR announced that the president is poised to sign a bill that provides money for road projects and flooding.

Chicago home price growth lags behind national figures

The latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index shows home prices continued to rise at a modest rate across the country in July.

Chicago homebuyers rush to the suburbs

“Based on the rising popularity of the burbs, some buyers might think they can catch a break by searching in the city, but unfortunately that’s not the case,” realtor.com Chief Economist Danielle Hale said.

Homebuyers: ‘We want green homes’

Sustainable practices in real estate can increase sales and boost the community, according to a new study.

Home price increase doubles pre-pandemic rate

It was another week of firsts with the increase in home prices more than doubling the rate recorded in January 2020.

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