Current Market Data

10 Chicagoland brokerages that have risen – and fallen – in the 2016 rankings

Recently, we looked at which Chicagoland agents have seen the biggest year-over-year gains in their business so far in 2016, and now we’re back with a similar report on Chicagoland’s real estate offices, albeit with a twist. In addition

The salary your clients need to buy in Chicagoland

Across the country, the salary needed to live in the largest metro areas has fluctuated in 2016, according to a new report from HSH.com. In the Chicagoland area, the median salary required to live in the metro area is $57,168.35, a 0.15 percent

Case Shiller: Chicagoland price growth among nation’s slowest

Home prices in the Chicagoland area posted some of the slowest growth in the nation, according to the latest Case-Shiller Home Price Indices from Standard & Poor’s. In March, Chicagoland home prices rose just 1.9 percent year-over-year, which was

Chicagoland’s top-selling suburbs, April 2016

See our chart below for the top-selling suburban housing markets in Chicagoland in April, 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

Chicago’s top-selling neighborhoods, April 2016

See our chart below for the top-selling neighborhood housing markets in Chicago in April, 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

Cheap ZIPs with good schools – Chicago neighborhood makes the cut

All parents want their children to go to a good school, but not all parents can afford to live in the districts that house them. That’s not the case in Oak Park, according to a recent analysis from HomeUnion.

Chicagoland new construction continues stellar 2016

The Chicagoland new construction market continued its sterling 2016 performance in April, according to new numbers from Dodge Data & Analytics. In April, Chicagoland saw more than $407 million in total residential construction spending, a 25 percent increase over

The gender gap is real among Chicagoland homeowners

It is a well known fact that women earn less income than men, but new research from RealtyTrac has found that the gender gap also extends into real estate – especially here in Chicagoland. According to RealtyTrac’s research, Chicagoland homes

NAR: Pending home sales hit 10-year high

Pending home sales rose for the third consecutive month in April and reached their highest level in over a decade, according to new analysis from NAR. The Pending Home Sales Index, a forward-looking indicator based on contract signings, hiked

The true cost of homeownership in Chicago

Earlier this week, Estately Blog released its rankings of U.S. cities by percentage of income spent on owning a home. Chicago was named among the top 15. In recent years, Chicago has been on the slow track to recovery.

Millennials find housing opportunities in Chicagoland

The Chicagoland housing market is among the most open to Millennial homebuyers – especially those with student debt. That finding came from a new study by Apartment List, which looked at the number of years it takes Millennial consumers

Chicagoland’s top luxury offices in Q1 2016

Among many interesting insights into Chicagoland’s housing market, our Real Data 2016 report featured rankings on the top offices in the area by sales volume through the first quarter. Which Chicagoland offices saw luxury home sales – transactions with sales prices of $1 million-plus – make

Who do housing experts want for president?

By this time next year, the United States will have a new president – either Bernie Sanders, Hillary Clinton or Donald Trump (though, at this point, one of the latter two seems most likely). It will be from the

TRID haters quieted as April loans close quicker than previous year

Loans closed faster in April than in any time over the last 12 months (excluding last month), Ellie Mae’s new Origination Insights Report confirmed. Questions about the true impact of TRID are likely to follow. In the wake of

Chicago buying season kicks off with a strong April

April showers seem to have brought spring flowers – at least as Chicagoland’s housing market is concerned. According to the newest housing report from the Illinois Association of Realtors, home sales in the nine-county Chicagoland area totaled 10,216 in April, a

Highlights from NAR’s new member profile

Sixteen percent of agents have at least one personal assistant. The median age of new Realtors is 43 years old. And 83 percent are very certain they will remain active as real estate professionals for another two years. Those

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