Current Market Data

Study: Chicagoland starter homes becoming more difficult to attain

Starter homes in the Chicagoland area remain relatively affordable, but they are slipping out of reach for many consumers. That was the finding of a very interesting new study from Trulia, which assessed the status of starter homes in

How a slight rise in Chicago home prices damages affordability

Affordability is a chief concern in the Chicago real estate market, as it is in many markets. But even though it’s a popular talking point for industry insiders, few understand the true volatility of “affordable.” To some families, the line

Trump’s immigration policies may dramatically increase foreclosures

There are about 11 million illegal immigrants in the U.S., eight million of whom are a part of the country’s labor force. Although it’s hard to say where President-elect Donald Trump actually stands on undocumented workers – he has promised to deport all of

Do not worry – rising mortgage rates are not the end of the world

The news sounds bad: mortgage rates have risen aggressively since the presidential election, and are now at their highest level since July 2015; for the first week in December, rates posted the largest weekly jump since 2013; and the Federal

Real estate leaders show concern for the 2017 market

We are only a few weeks away from the New Year, and a little over a month away from a new president, but the future of the economy, and housing specifically, has never been more uncertain. At least those

3 signs of how Millennial homeownership has fallen in Chicagoland

It’s no mystery that Millennials face unique challenges on the homeownership front. From slow wage growth to soaring student debt burdens, economic forces have kept Millennials on the housing sidelines, and a huge share still live at home with

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

New Subscribe

  • This field is for validation purposes and should be left unchanged.