Current Market Data

5 things agents should anticipate in the 2017 market

The New Year is nearly upon us, and a number of housing analysts and firms are prepping their end-of-the-year reports. Trulia’s report has, historically, been among the more interesting of that batch, and the website’s 2017 Housing Outlook, which

4 reasons suburban markets are thriving – and will only grow stronger

Over the last 15 years, 91 percent of population growth in the country’s 50 largest and most urban cities took place in the suburbs, according to a joint report from the Urban Land Institute and RCLCO. That’s a stat

Chicagoland’s Top Closings, Nov. 2016

In our new Real Data report, we’ve detailed the agents who closed November’s top home sales throughout Chicagoland. Click on the tabs below to adjust between the single-family, condo and townhome markets: Single Family Condo Townhome Single Family Sales Price Property

The 10 best elementary schools in Chicagoland

Meadow Glens Elementary in Naperville is the best elementary school in Chicagoland, according to new rankings from Niche. Using such factors as state test scores, student-teacher ratio, student diversity, teacher quality and the overall quality of the school district, Niche ranked elementary

A majority of consumers are terrified of the mortgage process

The overwhelming majority (92 percent) of U.S. consumers recognize buying a home as a better financial decision than renting, a national survey from Sente Mortgage confirmed. The problem is that most (70 percent) do not know how or where

Chicago is the country’s No. 1 investor market

In analyzing the country’s biggest residential real estate markets, weighing cap and rental rates, as well as median single-family home price, the online investment and management firm HomeUnion found that purchasing in Chicago is a savvy move. Since last year,

Case-Shiller: Chicagoland home prices slow considerably in the fall

After some strong summer months, Chicagoland home prices slowed in the fall, according to the latest Case-Shiller Home Price Indices from Standard & Poor’s. From August to September, Chicagoland prices were flat, while year-over-year, prices were up 4.3 percent,

Chicagoland new construction continues to post huge gains in 2016

The Chicagoland new construction market is putting up some of the most impressive numbers in the nation this year, according to research from Dodge Data & Analytics. In October, Chicagoland saw more than $361 million in total residential construction spending,

Chicago’s top-selling neighborhoods, Oct. 2016

See our chart below for the top-selling Chicago neighborhoods in October, according to research from Redfin. To adjust between total home sales and the single-family/condo markets, click on the tabs. Total Home Sales Single-Family Home Sales Condo/Townhome Sales Neighborhood Total

Chicagoland’s top-selling suburbs, Oct. 2016

See our chart below for the top-selling suburban housing markets in Chicagoland in October, according to research from Redfin. To adjust between total home sales and the single-family/condo markets, click on the tabs. When possible, we have also noted how

The 3 trends that will define housing’s future

The cliche goes that the devil is in the details, and in no sector of the economy is that adage more appropriate than housing, where many slow moving, nearly imperceptible trends gather momentum outside the mainstream’s gaze – and then 20

Low inventory, seasonal factors force sales decline in Chicagoland

Home sales in the nine-county Chicagoland area lost some steam in October, according to the latest report from Illinois Realtors. For the month, there were 8,762 sales, a 6.3 percent decline from Oct. 2015 and 12.91 percent drop from

Chicagoland home to the nation’s top 2 high schools

In an incredible testament to the area’s education resources, five Chicagoland high schools were ranked among the 10 best in the U.S. in a new Niche analysis – including the No. 1 and 2 spots. The rankings are as follows: Adlai

Study: The best teachers in the U.S. work in New Trier Township

New Trier Township High School District No. 203 has the best teachers in the U.S., according to a new analysis from Niche. Basing its rankings on student and parent reviews of teachers, teacher absenteeism, teacher tenure and student-teacher ratio, Niche

The savings gap – why fewer Americans can buy homes

According to the 2016 Profile of Buyers and Sellers from the National Association of Realtors, 61 percent of all homebuyers used their savings to cover their down payment, while among first-time buyers, the share was even higher at 76

2 Chicagoland school districts among the nation’s 10 best

Two Chicagoland school districts are among the top 10 in the country, according to a new ranking from Niche. The analysis, which considered such factors as academics, culture/diversity and teachers, ranked Vernon Hills’ Community High School District No. 128

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