Current Market Data

Real estate in 2025: 4 things to expect from the market of the future

The real estate market is subject to change, and over the next 10 years, it’s going to do just that – or at least that’s the conclusion of a joint report from the Urban Land Institute and Terwilliger Center for

Study: Winnetka the most expensive housing market in Illinois

Winnetka is the most expensive housing market in Illinois, according to the annual Home Listing Report from Coldwell Banker. With the average price of a four-bedroom, two-bath single-family home going to $840,355, Winnetka came out on top in the

Chicagoland’s Top Closings, Sept. 2016

In our new Real Data report, we’ve detailed the agents who closed September’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

Real estate to play a big role in U.S. investors’ 2017 strategy

Better Homes and Real Gardens Real Estate surveyed 1,000 U.S. investors and found that 89 percent are interested in investing in real estate as part of their investment strategy.  The survey also revealed that 80 percent of investors believe

How do consumers view housing? 7 facts agents should consider

Fannie Mae’s National Housing Survey is among the more detailed inquiries into how everyday consumers view the U.S.’ housing market, and the Home Purchase Sentiment Index (HPSI) portion of the survey – which details how Americans view the buying

Student debt remains huge obstacle for thousands of Chicagoland buyers

Few cities are more affected by the problems of student debt than Chicago, according to a new LendingTree analysis. Based on data from My LendingTree, the Windy City has one of the highest average student debt burdens in the country at $33,880.87. Our

Appraisals remain a problem for thousands of real estate agents

Back in 2012, appraisals were a hot item. Thanks to a myriad of factors – chief among them inexperienced appraisers and dramatic changes to how the industry was organized – low appraisals were the cause of numerous contract failures

2 Chicagoland school districts among 10 most valuable in U.S.

Two of Chicagoland’s school districts carry the highest housing premiums in the nation, according to a realtor.com analysis. In the Kenilworth Sd 38 and Winnetka Sd 36 school districts, the median list price is far above the median for Cook County.

Illinois properties find interest on Chinese listing portal

Illinois listings have made their way to China, and it’s helping drive buyer interest, a new report from Juwai found. Juwai.com is China’s biggest international listing portal, with more than 2.5 million property listings across 89 countries. The website

One simple way to help buyer clients save money in Chicago

The chief dilemma for the contemporary real estate agent is: how do I demonstrate my value? It’s a question that can be answered in a variety of ways (i.e. be an information source, develop neighborhood expertise, etc.) and for

Crowdfunding expert David Wieland talks 1031 exchanges – “…30-40 percent return on their net equity in less than 180 days”

David Wieland is the founder and CEO of Realized, an online crowdfunding platform that simplifies the 1031 exchange process; a process he discussed with us in regards to how it affects real estate agents.  Chicago Agent (CA): First and

The 10 biggest challenges for real estate firms in 2016

Last week, we reported on NAR’s “Profile of Real Estate Firms,” an exhaustive look at the composition of today’s realty businesses and a projection of where they are heading. Our first report looked at the state of real estate firms

A threat to recovery? The major trend challenging Chicago’s housing market

This year has been a very positive one for Chicagoland’s real estate market: there have been 80,766 home sales thus far, a 4.8 percent increase over 2015; median sales price is up 4.7 percent to $225,000; days on market

Chicagoland new construction leads the nation in 2016

The Chicagoland new construction market is putting up some of the most impressive numbers in the nation in 2016 performance, according to research from Dodge Data & Analytics. In August, Chicagoland saw more than $1.216 billion in total residential construction spending, a

The digital marketing strategy agents can’t afford to ignore

For most buyers and sellers, contacting a real estate agent isn’t their first step. Their first move is to go online. Sixty-six percent of Realtors and 70 percent of brokers have a website, the National Association of Realtors’ 2015 Member

Chicagoland’s top-selling suburbs, Aug. 2016

See our chart below for the top-selling suburban housing markets in Chicagoland in August, 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

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