Current Market Data
After the October jobs report showed unexpected labor market strength, experts believe the Fed will be unlikely to plan further rate cuts.
Lower interest rates are not only keeping the market steady, they may be prolonging a housing expansion at a time of year when the market naturally begins to slow down.
NAR economist urges developers to consider converting vacant office space, shopping malls to condos to relieve housing shortage.
Lack of inventory is stalling growth. Learn why some are saying they don’t expect housing starts to reach pre-recession levels until 2022.
Once again it’s time to check in on the people and offices with the most activity in Chicagoland real estate. Get a quick glance of the people and offices who made waves in Q3 or dig deep into the full lists of the top 20 agents, offices and highest single-family closings in each of the six counties we cover.
NAR chief economist: Housing shortage is stunting potential growth.
Though existing-home sales data didn’t offer much excitement, an examination of homes going under contract indicates the kind of activity that normally marks the start of summer, not the end.
In its most recent Chicagoland Housing Report, RE/MAX reported the available housing stock to be at a 5.5-month supply, which is the highest level recorded so far this year. This is translating to something closer to a buyer’s market for the area.
Housing rebound continues, says the National Association of Home Builders, but it depends on where you live.
Check out our handy outline of the latest numbers from the National Association of Realtors and the National Association of the Remodeling Industry on the cost and return on remodeling projects.
Overall, home values made their largest monthly climb in five years, which means homeowners and appraisers are more likely to agree on market price.
Going into a deal with the right information on the environment can both give you a competitive advantage and help you answer tough questions from concerned consumers.
While Fannie Mae’s index measuring consumer sentiment is lower than last month, the survey still clocked year-over-year gains.
They can be time consuming, painstaking endeavors, but in the end, homeowners who undergo home improvement projects – both interior and exterior – are glad they did so in the end. That’s according to a new report from the National Association of Realtors.
A new report shows home prices are up but not as much as they were a year ago, citing slower growth driving the millennial market.
Although all regions saw a boost in pending sales, the biggest increases were in the West, according to NAR’s index.