Current Market Data

Local trends to watch for in the coming decade, according to @properties

Thad Wong and Mike Golden discuss the state of the market, up-and-coming towns and neighborhoods in Chicagoland, and what agents should look for in the coming decade in a recent webinar.

Suburban inventory hits decade-long high

MORe data offers impressive January numbers. Is this a sign of a booming 2020, or evidence of a timing shift in the Chicagoland market?

What Chicagoland’s high-end homebuyers want

Though the luxury market has seen a bit of a slowdown in the Chicago metro area, Coldwell Banker’s annual Global Luxury Report offers insight into shifting priorities and design trends.

Midwest housing starts jump up over last year

Despite a month-over-month dip of 5.9 percent nationwide, residential construction had a strong showing in the Midwest.

Inventory, mild weather boosted Chicagoland home sales last month

RE/MAX’s housing report for the Chicago area found the new year started off with a bang.

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NAACP and NAREB announce partnership to increase black homeownership

The two organizations joined together to provide members the resources and tools that will help more African Americans purchase homes.

The commute factor: Why it’s become the ultimate deal breaker for buyers

Here’s why commutes matter more, even though we’re commuting less than ever.

Chicago home prices up 4.7 percent for Q4 2019

There was no quarter in 2019 when metro prices didn’t increase, posing challenges for potential buyers, according to NAR.

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.

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