Current Market Data

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.

How’s the market? Depends on who — and where — you ask

Is it a good time to buy? Good time to sell? What’s happening with the economy? The answers to these questions change in relation to how much money you earn, where you live and how old you are.

Kitchen renovations surge, but so do prices

As your clients look ahead to possibly listing in spring, make sure you understand what’s causing remodeling costs to increase so rapidly and how homeowners are adjusting in response.

Chicago home price gains up slightly for the year

S&P Dow Jones Indices director calls price gains data reassuring.

Seeing 2020: Real estate predictions from the experts

As the decade comes to a close, we’re looking ahead. We reached out to a handful of insightful real estate leaders to get their thoughts on what the next ten years might look like, and what industry professionals need to do to get ready.

A roundup of real estate predictions reports

This time of year, there are so many organizations, economists and experts offering their thoughts on what’s to come in the next year that it’s hard to keep up. Here’s a quick look at what we’ve gleaned so far.

Real estate myths exposed

Just because something is repeated over and over again doesn’t make it true. Here’s are a few ideas that Chicagoland real estate experts wish they could finally put to rest in 2020.

Determining the future of Chicagoland: Consumer confidence, investment and ‘hipsturbias’

The Urban Land Institute’s Emerging Trends in Real Estate report offers a forecast of what municipalities have going for them, and where possible threats lurk in the near future. See what they have to say about Chicagoland.

Home sales up in the Midwest but down in Illinois

The latest numbers from Realtor associations at the local, state and national level reveal a “choppy” picture, but one key factor is the same in pretty much every market you look at.

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