Current Market Data
In 2017, the home trends seem to indicate that people want to spend more time outside, but not far from home. Porches seem to be swinging back in style with a majority of new home construction projects begun in
Source: Sherwin-Williams Sherwin-Williams released its 2018 Color Forecast, where Oceanside was named color of the year. Oceanside (SW 6496), a rich, deep blue color, won for its comforting warmth, while still leaving a hint of the unknown, evocative of
It seems as though homeowners who believe that next year will be a better time to sell may be right as home prices continue to rise. Not only increasing year-after-year, but also month-to-month as of August 2017. CoreLogic released
Homeowners in 2017 want a lot in their bathroom space. However, what used to be one of the main bathroom components — the bathtub — is one they do not want, preferring alcove or corner showers. Houzz recently released their
Less homes are being flipped, for less of a profit, and for those who do, the cost is the most expensive it’s been in nearly 10 years, according to a new report from ATTOM Data Solutions. Flipping trend on
As population demographics continue to change, so too does the fate — and face — of the average American homebuyer. Accounting for nearly 17 percent of the U.S. population, the typical homeowner is more likely than ever to be
Housing prices increased 7.7 percent in August, according to a recent report from Redfin. This new hike in costs represents the greatest uptick in year-over-year home prices since May 2015. Nationally, the median sale price rested at $293,000, indicating
A new study by HSH.com reveals what salary Americans must earn in order to afford a median-priced home in any given metro. For Chicago residents, the cost of homeownership rings in at $64,681.50 a year, an 8.44 percent increase overall from
According to the CoreLogic Home Price Index (HPI), home prices increased significantly both month-over-month and year-over-year in July. The study analyzed listing prices for a comprehensive set of single-family attached and detached homes in gathering its findings. Nationally, the average
Buying a home remains a goal for many Americans. However, the road to homeownership is rockier for some than for others. A new Apartment List report reveals that the rate of homeownership in the United States varies greatly by
A new study by Zillow reveals that rent growth continues to eclipse income growth for Chicago’s lowest-income residents. The report – which considered both multifamily rent prices and U.S. Census data – concluded that even the cheapest apartments in
Though the amount of construction in Chicago might seem abundant to its residents, the dollar amount spent on construction starts is actually on the decline throughout the city. A recent report by Dodge Data & Analytics reveals that total
It used to be that post-college, people strove for suburban living, where they could easily afford more space and vehicles, allowing them to be more mobile. But today, that age group is increasingly attracted to urban cores, thanks to
As with any major investment, there is much to worry about when it comes to purchasing a home. For many potential buyers, the road to ownership is often blocked by personal hazards such as growing student loan debt, limited
The Country Lakes neighborhood in Naperville is one of the top 10 Hottest Neighborhoods in the country, according to Redfin. The list is based on recent growth in home listing page views and favorites on Redfin.com. The median sales price
Dust off that gaudy chandelier and break out the lace: Victorian interiors are back in style, at least for some Americans. Though it may be surprising, a recent report from custom furniture brand Joybird reveals that Victorian-era designs are the most