Current Market Data

Case Shiller: Chicagoland home prices rise second-most in the nation

Home prices in the Chicagoland housing market posted the second-strongest monthly increase in the U.S., according to the latest Case-Shiller Home Price Indices from Standard & Poor’s. From June to July, Chicagoland prices rose 0.9 percent, which was ahead

Cracking the code: the 10 secrets to maximizing client happiness

In one of his more famous speeches, Don Draper, the central character of the “Mad Men” television series, stated that advertising is based on one thing – happiness. And though his focus was on the ad world, Draper could

Chicago’s top-selling neighborhoods, Aug. 2016

See our chart below for the top-selling Chicago neighborhoods in August, 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

4 Chicagoland housing markets among the nation’s 100 most exclusive

The Chicagoland housing market contains several of the most exclusive markets in the U.S., according to a new analysis from Coldwell Banker. Billing itself as “the most extensive home price comparison tool in the United States,” the Coldwell Banker Home Listing

Chicagoland’s Top Closings, Aug. 2016

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

10 trends defining the real estate firm of the future

The “Profile of Real Estate Firms” is among the most interesting annual surveys from the National Association of Realtors. Conducted among its executive members, the profile offers an in-depth look at the higher echelons of the industry, as well

Chicagoland home sales recover strongly, end summer on high note

After a disappointing July, the Chicagoland housing market recovered strongly in August and closed out the summer on a positive note, according to new numbers from the Illinois Association of Realtors. With transactions totaling 11,906 for the month, Chicagoland home

The no. 1 reason why so few Millennials are buying homes in Chicagoland

For some time now, agents and analysts alike have wondered why so few Millennials are buying homes, but new Census data has provided a remarkably straightforward answer – they’re all living at home with their parents. Compiled by Time magazine,

How bad is Chicago’s need for new construction? Try 95,000 permits bad

Eighty percent of U.S. metro areas are lacking in single-family home construction, and few areas are in greater need than Chicagoland, according to a new analysis from the National Association of Realtors. Comparing home construction to job gains from

The 4 reasons that Chicago renters are not buying homes

Both economic and personal concerns are stopping renters from buying homes, according to the latest Housing Opportunities and Market Experience (HOME) survey from NAR. Conducted on a quarterly basis, the HOME survey polled Americans about their confidence in the

Are we in a bubble? Yes, no and maybe

In Jan. 2005, Alan Reynolds, a senior fellow at the Cato Institute, said that it would be “financially foolhardy” to listen to “housing bubble worrywarts.” A few months later, Jude Wanniski, a former adviser to President Ronald Reagan, authored

New rankings chart Chicago’s investment property purchase activity

About one in five homes purchased last year was bought as an investment property, according to the National Association of Realtors. The average investor had a median household income of just over $95,000 and bought a single-family home within

Real estate industry undergoes dramatic change in public opinion

The American public views the real estate industry more positively than at any time in the last decade, according to new research from Gallup. Based on its annual polling of public sentiment, Gallup found that 44 percent of Americans

6 Chicagoland suburbs among 2016’s 100 safest cities in U.S.

Six Chicagoland suburbs are among the 100 safest communities in the country, according to a ranking from SafeWise. Basing its analysis on FBI statistics of violent and property crime, along with research on local initiatives in public safety, public health

Chicago agents need to watch this demographic

Millions of Baby Boomers are planning move over the next several years – everyone knows this. But it could mean big things for agents working in Chicago. There are three reasons most homeowners between the ages of 61 and 90 want

Chicagoland’s 10 best suburbs to buy a house

The suburb of Tower Lakes is Chicagoland’s best place to buy a home, according to a new analysis from Niche. Basing its research on a myriad of factors, including home values, property taxes, homeownership rates, demographics and public education, Niche

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