Current Market Data

4 things to know about multigenerational households

Multigenerational households – those that include two or more adult generations, or grandparent and grandchildren – are at an all-time high in the U.S., according to a new Pew Research Center analysis. Based on census data through 2014, Pew

To sell or remodel: Homeowners choose…

In June, the nation’s housing inventory fell. It’s now at a 4.6-months supply. It’s a trend defining several metropolitan markets throughout the country. A report from John Burns Real Estate Consulting recently explained, at least in part, what may

3 ways Chicagoland homeownership has changed since 2007

From plummeting sales to skyrocketing levels of negative equity, the housing crisis affected Chicagoland’s market in a number of ways, but how did the metro area’s homeownership rate fair amidst all that upheaval? To find out, we consulted new research

Here’s how much average closing costs are in Illinois

Average closing costs in Illinois are among the lowest in the nation, a new report from Bankrate confirmed. The implementation of TRID, and its new closing disclosure form, has helped reduce confusion around what closing costs actually entail. But

What’s the final word on student debt and housing? It’s complicated.

The statistics are hardly encouraging: student debt has more than tripled in the last 10 years; its serious delinquency rate is higher than any other form of debt, including mortgages and credit cards; it now totals $1.37 trillion, and

Chicago’s walkability only improves as new construction thrives

Chicago is already among the six most walkable cities in the U.S., and new research finds that the Windy City’s current construction boom will only boost the city’s walkability further. According to a report from Redfin, a whopping 89 percent of

Chicagoland new construction posts best growth since 2009

New home construction in the Chicagoland area is now at its highest level in seven years, according to a new report from Metrostudy. The firm’s analysis, though, extended far beyond that headline-grabbing statistic, and below, we’ve spotlighted the report’s

Chicagoland’s Top Closings, July 2016

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

Chicagoland’s top 10 luxury markets in 2016

Highland Park was Chicagoland’s top luxury housing market in the second quarter, according to new research from Redfin. Within Highland Park’s luxury market, the average sales price was $2.16 million in Q2, a 41.2 percent increase over Q2 2015;

The top 20 Chicagoland offices that have risen in the 2016 rankings

Last week, we reported on 2016’s top agents by year-to-date growth – agents whose 2016 business has grown the most over 2015. Now, we’re taking a similarly deep look at Chicagoland’s real estate offices, and which ones have grown their

JD Power says consumers like this brokerage more than any other

JD Power today named its annual home buyer/seller satisfaction award recipients, and in all four real estate consumer categories – first-time buyers, first-time sellers, repeat buyers, repeat sellers – Century 21 was the top pick; though, the brokerage tied once with

The top 10 Chicagoland schools in affordable housing markets

How do the housing markets compare among Chicagoland’s top-performing schools? And how do those scores look when the schools are separated by the home prices of their respective markets? Courtesy of a detailed analysis from RealtyTrac, we have charted

The Top 20 Chicagoland Agents in 2016 by YTD Growth

Which Chicagoland agents have seen the biggest year-over-year gains in their business so far in 2016? We took a deeper look at the market trends and put together the following chart, which shows the 20 agents who rose the most in the

Brexit: one expert speculates on what’s in store for real estate

On June 23, 2016, citizens of the United Kingdom voted to leave the European Union. In the wake of the decision, the British pound fell to a 31-year low against the U.S. dollar, the euro dropped one percent, and U.S.

7 signs that housing still has a long way to go

Americans are deeply pessimistic about economic mobility. By an overwhelming margin, they believe it is harder today to secure a middle-class lifestyle than it was for past generations. And a large majority continue to see the housing market in

Chicagoland home sellers see modest returns in 2016

Home sellers in the Chicagoland housing market have seen some of the most modest returns in the nation, according to the Q2 2016 U.S. Home Sales Report from RealtyTrac. Basing its analysis on publicly recorded sales deeds from more than 900 counties

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