Current Market Data

Chicago makes 10 most walkable cities list

A new report by Redfin ranks large U.S. cities by walkability. Chicagoland made the list, despite a small drop in its Walk Score.

Zumper: Rents up in Chicago

Rents up slightly nationwide in February. Find out where Chicago ranked.

Millennial homeownership rates are rising . . . and in a cruel twist, so are prices

There’s no end in sight to the affordability issue, according to a recent report from CoreLogic. However, the data firm did not find homes in Chicagoland to be overpriced, as opposed to much of the rest of the country.

What features should you highlight in your listing? Study says look outside

It turns out back porches and decks are key must-haves for house hunters. Find out how buyer wants and needs break down by generation.

Homes, neighborhoods draw more people to Chicagoland than jobs

While the pursuit of new or better employment prospects normally motivates people to take on a long-distance move, recent data suggests that Americans may now be more inclined to relocate for housing related reasons.

Redfin lists the hottest neighborhoods in Chicago

Affordability is a big driver in the country’s hottest real estate markets, according to Redfin. See how Chicagoland did.

Rents are rising in Chicagoland. Here’s how tenant reps can help

Recent data shows costs to rent an apartment are rising all across the Midwest. But there are a few ways you can help your clients find the right fit for their budget.

Despite uncertainty, strong hiring buoys multifamily investment in Chicago

While both international and local headwinds are making some nervous, Marcus & Millichap’s 2020 outlook touts strengths in Chicagoland and in the sector overall.

Midwest home sales up more than 9 percent from a year ago

Existing home sales bounced back in December in every region of the U.S. but the Midwest, following a small slump the previous month, according to NAR’s monthly existing-home sales report.

How to sound smarter next time you’re asked about recession risk

The Chicago Fed’s senior economist breaks down some of the more common misconceptions about the chance of recession in 2020 and offers thoughts on how real estate pros can be better consumers of economic data.

Chicagoland finished 2019 with its largest sales increase of the year

In a year that showed slowing home sales overall, RE/MAX’s most recent market report offers a bit of sunshine.

Chicago bucks trend with increased home values, inventory

A new Zillow report shows how Chicago housing inventory performed in 2019 compared to the rest of the country.

Back from the brink: How much has Chicago bounced back from the recession?

Find out what the total value of housing is in Chicago, according to a new Zillow report.

Bidding wars on the decline in Chicago

Redfin report shows competition for homes has dropped across the nation.

Bulls and bears: Potential positives and pitfalls for Chicagoland in 2020

CAR’s 2020 Market Update featured forecasts from three economists looking at what the real estate community can expect in the near future. However, there was some disagreement in terms of what the coming year will bring.

Want to buy a house in Chicago? Here’s how much you’ll need for a down payment

Realtor.com releases down payment analysis, showing disparity in cost between major metro areas.

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