Current Market Data

Chicago’s top-selling neighborhoods, June 2016

See our chart below for the top-selling neighborhood housing markets in Chicago in May, according to research from Redfin. To adjust between total home sales and the single-family/condo markets, click on the tabs. Some important changes from May include: Sales in

How fast can a new home be built in Illinois?

There are a number of circumstances under which a home can be built, but in 2015, homes built for sale went up faster than any other, according to a new report from the National Association of Homebuilders. In a

Chicagoland home price growth leads the nation in new Case-Shiller

Monthly home price growth in Chicagoland was the strongest in the nation, according to the new Case-Shiller Home Price Indices from Standard & Poor’s. The leading home price metric in housing, the Case-Shiller, found that Chicagoland home prices rose

Chicagoland’s top-selling suburbs, June 2016

See our chart below for the top-selling suburban housing markets in Chicagoland in June, according to research from Redfin. To adjust between total home sales and the single-family/condo markets, click on the tabs. Some important changes from May include: Sales

7 encouraging stats about Chicagoland’s 2016 housing market

This year is shaping up to be a positive one for real estate in the Chicagoland area, and we’ve sifted through the latest reports from the local Realtor associations for the most relevant statistics. Here are seven stats of

Future labor shortage may be imminent – Blame it on the Boomers?

Today, builders are facing a serious labor shortage. A few years from now, that shortage could get even worse. In a new report from John Burns Real Estate Consulting, the research group’s vice president and chief demographer, Chris Porter,

2 Chicagoland neighborhoods among best opportunity markets in U.S.

Both Cicero and Alsip offer some of the best housing opportunities in the country, according to a new analysis from RealtyTrac. In its report, RealtyTrac analyzed 3,561 ZIP codes nationwide, focusing on areas with: at least 2,500 residents; an increase

How have Trump condo values done over the past year?

After a roll call vote on Tuesday in Cleveland, Donald Trump was officially nominated as the GOP’s presidential candidate. Unfortunately, his domination in Republican polls has done little to stymie the falling value of his once-coveted branded condos. In

Chicagoland’s Top Closings, June 2016

In our new Real Data report, we’ve detailed the agents who closed June’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 safest communities in Chicagoland

Bannockburn in Lake County is the safest community in Illinois, according to a new analysis from Niche. With an assault, murder, robbery, vehicle theft, and larceny rate of zero (and a very low burglary rate), Bannockburn was rated highly

Americans say the best candidate for housing is…

In less than a year, either Donald Trump or Hillary Clinton will be president. One of them will set the policies that will impact housing over the next four years. In a recent survey from Trulia, the listing site found

Realtor.com economist – “best summer for residential real estate in a decade”

Jonathan Smoke is the chief economist for realtor.com, and in a commentary he recently wrote for CNBC, he suggested the nation’s current economic arrangement is a “nearly perfect scenario” for this summer’s real estate market. “During the boom, loose

7 Chicagoland school systems ranked among the U.S.’ top 20

Seven of Chicagoland’s suburbs are among the nation’s top 20 places with the best public schools, according to the latest school rankings from Niche. Glencoe, Kenilworth, Wilmette, and Winnetka all tied for seventh place, while Northfield placed at No. 11, Lincolnshire

Chicagoland’s 10 best places to live

Naperville is Chicagoland’s best place to live, according to a new ranking from Niche. Basing its ranking on crime, schools, cost of living, job opportunities, local amenities, and a host of other factors, Niche rated Naperville highly for its

7 essential things to know about foreign homebuyers in 2016

NAR’s latest survey of international buyers, which the association conducts annually, provided some keen insights into the U.S. housing market and the role that foreign consumers play. Here were the seven most notable findings from the survey: 1. Falling

Chicago commuters are lucky – here’s why

Everyday, millions of Americans in hundreds of cities across the country wake up and have to catch public transit – whether it be a bus or train. The experience is more pleasant for some than others. And in a

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