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Current Market Data

Who’s doing better in home sales, liberals or conservatives?

A new report by Redfin shows counties of both political stripes are benefitting from a booming real estate market. See how the numbers break down.
Existing-home sales reach 14-year high in August

Total existing-home sales rose to an annualized rate of 6 million in August, the highest level since December 2006, according to the National Association of Realtors.
Housing market potential reaches highest level since 2007

A new report from First American Financial Corporation shows strong fundamentals like demographic demand and low interest rates are propelling housing market potential.
American homeowners got a little richer in Q2, though slowdown in equity growth predicted

A new report from CoreLogic shows homeowners gained over $620 billion in equity in Q2 2020.
Single-family construction up, multi-family construction down

The latest New Residential Construction report points to builder momentum, though supply-side challenges linger.
Chicago leads nation in home sales increase of 20%

Home sales across the nation were up 4.3% year over year, making it the third best month for home sales in the 13-year history of the report.
Mortgage applications down slightly as some consumers wait for another rate drop

A new report from the Mortgage Bankers Association shows a slight drop in mortgage application volume amid expectations of further mortgage rate reductions.
Wallethub: Illinois middling when it comes to COVID-19 restrictions

A new report from the financial website Wallethub ranks each state on COVID-19 restrictions.

Sluggish rent growth shows signs of steadying

July rent price increases in lower-priced rentals far exceeded other price levels, according to a new report from CoreLogic.
iBuyer activity down 88% in Q2

The biggest players in the iBuyer market closed up shop at the beginning of the pandemic, and a new report shows the numbers.
Housing sentiment up in August as consumers recognize window of opportunity

The share of consumers who say now is a good time to buy a home has risen to 59%, according to the latest Fannie Mae Home Purchase Sentiment Index.
CoreLogic: Foreclosures could double by 2022

Serious delinquencies are expected to rise — particularly among lower-income households, small business owners and for those working in sectors hard hit by the pandemic.
Unemployment down in August, but long-term damage continues

The U.S. economy added 1.4 million new jobs in August, but one economist warns that permanent job losses are a bigger problem.
Along with COVID-19 hotspots comes homeowner distress, according to a new study

Along with the resurgence of COVID-19 cases and local shutdowns, mortgage delinquencies are on the rise.

 A young, serious African American woman sitting in a boardroom across the table from a young businessman. They are both wearing business suits and the man is looking at the woman and typing on a digital tablet. She is in focus and may be answering questions for a job interview.
Gender pay gap in commercial real estate grows to ‘staggering’ levels

This year’s release of the CREW Network’s benchmark study shows some backsliding in the industry, though there were a few bright spots as well.

July home prices rebound to pre-pandemic highs, but slowdown predicted

CoreLogic’s latest HPI Forecast shows annual home price growth slowing through July 2021, reflecting the anticipated elevated unemployment rates during the next year.

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