Current Market Data

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

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

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