Current Market Data

Realtor.com: Chicago housing recovery continues

It’s still a seller’s market as buyers extend the spring shopping season into summer, according to Realtor.com chief economist Danielle Hale.

As states reopen, Chicago home sales jump in June

Inventory hits a record low in June, according to RE/MAX, which reports that nationwide the supply is now under two months.

Feeling confident again, builders race to meet demand

Housing starts are up and builders are building again, but is it enough to address pent-up demand for homes as Americans flee to the suburbs?

Zillow: Strong home prices could be cooling

Those who jumped into the market in the spring were rewarded, and their success could attract more sellers.

Permits down in Chicago, but long-term millennial demand remains strong

As the housing market recovers in fits and starts, the long-term outlook remains positive, thanks to a slow looming wave of millennial household formation.

Early-stage mortgage delinquencies exceed Great Recession levels

A new report from CoreLogic shows the ripple effect of the pandemic-induced recession, as massive job losses lead to past-due mortgages.

Illinois sees lower rates of manufactured housing than rest of U.S.

While prefabricated homes are six times less expensive than the average site-built home, trends in factory-built housing have always been volatile.

It’s a seller’s market, according to HomeLight report

Nearly half of all agents reported that their business was growing in June.

Who did the most business in Q2?

This snapshot of the agents and offices that recorded the most residential sales on the MLS in the second quarter of 2020 offers insight into where the market has been in the past three months, and perhaps even a look forward in these uncertain times.

Is real estate recovering? Most Realtors say yes

Nearly a third of NAR members told the association they’re prepared for a second wave of the novel coronavirus.

Chicago high-end listings come roaring back in June

Zillow: Now could be a good time to trade up on luxury homes.

Now is a good time to buy a home, say 61% of Americans

After hitting near bottom in April, confidence in housing is gaining steam.

Home prices up in May, although summer slump predicted

The latest CoreLogic report forecasts a drop in home prices across the country by May 2021, although just how much depends on where you live.

Millennials poised to fuel a ‘roaring 20s’ of homeownership demand

Though the pandemic presents new challenges to achieving homeownership, millennial lifestyle decisions will continue to support potential homeownership demand in the years ahead, according to the latest First American Homeownership Progress Index.

Pending home sales make record comeback in May

Contract activity surged 44.3% in May, the biggest gain on record, as homebuyers rushed back to the market after lockdowns.

In Chicago, a new kitchen adds nearly $13,000 in value

A new report reveals the improvements that homeowners and renters say add the most to the overall price of a home.

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