Current Market Data

The agents and offices doing the most business in Q1

The first quarter of 2020 ended on a disconcerting note, with the declaration of a state of emergency, alongside a “stay at home” order that we’re still operating under. But that doesn’t mean we can’t celebrate the hard work that kicked off the year.

Report warns landlords to think twice about evictions

A new Marcus & Millichap report calls on multifamily owners and operators to implement a 90-day moratorium on evictions.

Homebuilder confidence takes a hit, though experts see light at the end of the tunnel

Economists believe home sales can help drive the nation’s economic recovery from COVID-19.

A quarter of Realtors have sold homes sight unseen

A National Association of Realtors survey shows that one in 10 members have either seen their business grow or remain flat under COVID-19.

Staging for the post-coronavirus era: 3 features buyers are going to want

Looking to attract buyers during or after the COVID-19 pandemic? Here are three elements agents should pay attention to right now.

Residential construction a bright spot in dire jobs report

The extreme spike in job losses in March are largely in the leisure and hospitality sectors, and keeping those workers afloat could be key to a robust recovery, according to economists.

How COVID-19 is affecting rents in Chicago

A recent report reveals how COVID-19 has impacted what landlords charge, as well as how current rental trends throughout the nation may fluctuate as the pandemic worsens.

Could COVID-19 change homebuyer preferences?

A new survey asks agents how they think their clients will respond to the novel coronavirus pandemic, as well as how they’re shifting their business activities.

Illinois ranks 2nd lowest in U.S. for new construction

While our state underperformed when it comes to new residential units per capita, there is one building metric where we outpaced the national numbers.

NAR chief optimistic on home sales rebounding

February was another good month for pending home sales across the nation, but the coronavirus will put that all on hold.

Buyers pull back early; sellers, not so much

A national survey of real estate agents digs into how clients are reacting to the coronavirus outbreak, how home values will be impacted, and the likelihood that we’ve entered a recession.

Homebuying was getting easier in early 2020, but all bets are off with COVID-19

ATTOM Data Solutions report has encouraging news on the affordability gap, but the coronavirus outbreak poses a potential setback.

Showings are down dramatically in Illinois

A new dataset from ShowingTime offers a state-by-state comparison of how activity is changing in response to the new coronavirus.

Existing-home sales up, for now

Soak up the good news while you can. The picture painted by the National Association of Realtors’ latest existing-home sales data is one of a healthy housing market not yet impacted by COVID-19 fears.

NAHB reports slight decline in builder confidence

The NAHB/Wells Fargo Housing Market Index shows a dip in builder confidence in the Midwest resulting from novel coronavirus outbreak.

The HGTV effect: From television trend to real estate spend

A new report from Zillow outlines what to highlight in a listing and what to de-emphasize.

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