Current Market Data
The Chicagoland housing market continued its strong spring activity in May, according to new stats from the Illinois Association of Realtors. May home sales for the nine-county area totaled 11,664, a 7.5 percent increase from a year ago. Median sales
There is a significant disconnect between consumers and homebuilders, according to a new analysis from the National Association of Home Builders. Comparing Census Bureau data with that of its most recent Home Buyer Preferences Survey, the NAHB found that
In our latest Real Data report, we’ve detailed the agents who closed May’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 international market is a valuable one for real estate agents, but only if they’re able to capture it. Just as Americans have particular customs so ingrained they’re almost considered common sense – such as shaking hands during a first meeting – foreign
Student debt continues to be a major problem for the housing market, according to a detailed new survey from the National Association of Realtors and SALT, the consumer literacy program. The survey, which sampled thousands of non-homeowners currently repaying
Chicago is among the most segregated cities in America, and a new Estately analysis has reinforced the wildly unequal home values that such segregation creates. In its study, Estately assessed the price per square foot and median sales price of
Illinois has a top 25 economy in terms of “economic activity” and “innovation potential” when compared to other states in the U.S., a WalletHub report recently confirmed. It’s good news for real estate professionals. Compiling data that runs the
By this time next year, we will have a new president. Regardless of who it is, not every homebuyer will be happy about it. Twenty-seven percent of homebuyers say the outcome of the presidential election, no matter what, will “make the housing
It was supposed to be the end of the McMansion era. New homes in the U.S., after steadily growing in size for more than 30 years, finally reached their peak during the mother of all housing bubbles. Following the inevitable
Recently, Redfin surveyed buyers on their concerns about the housing market. Surprisingly, the survey found that homebuyers are not as concerned about supply as they were in the past, despite it being the driving factor of homebuyers’ current concerns –
If a new preference survey from the National Association of Homebuilders is to be believed, demand for green features is here to stay. In a survey ranking 150 different home and community features, the NAHB confirmed late last month that
Last week, we reported on the real estate offices in Chicagoland whose Q1 2016 business has risen – and fallen – the most over Q1 2015, based on their overall ranking in the marketplace. Those rankings, though, left out quite
It’s no mystery, for anyone who follows the city of Chicago’s housing market, which eight neighborhoods are the hottest: the Gold Coast, Lakeview, Lincoln Park, the Loop, River North, the South Loop, Streeterville and the West Loop. Among those
More business means growth, and in real estate, where the harder you work the more you make, brokerages, offices and even individual agents have a tendency to look beyond their current stations to bigger and better things – namely,
This spring homebuying season could be a difficult one for first-time buyers and middle-income consumers in Chicagoland, according to a recent analysis from Zillow. According to the company’s April Real Estate Market Report, the inventory of homes in Chicagoland’s
Our population is aging, and when the current retirement surge is complete, the nation’s real estate landscape may look very different. In a 2015 article from the National Association of Realtors’ Realtor magazine, citing a Counselors of Real Estate survey, the country’s