Current Market Data

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

Chicago’s top-selling neighborhoods in 2016’s first half

See our chart below for the top-selling Chicago neighborhoods in the first half of 2016, 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

Appraising solar: a new approach

By the end of 2016, the Department of Energy estimates 1 million homes will be equipped with a solar energy system. And still there is no definitive way to value those systems in appraisals. A new report from the

Chicagoland’s top-selling suburbs in 2016’s first half

See our chart below for the top-selling suburban housing markets in Chicagoland in the first half of 2016, according to research from Redfin. To adjust between total home sales and the single-family/condo markets, click on the tabs. Total Home

FinCEN expands luxury real estate money laundering investigation

In January, the Financial Crimes Enforcement Network, a division of the Treasury Department, announced two Geographic Targeting Orders, or GTOs, to monitor all cash luxury transactions in both Manhattan and Miami. The purpose was to help authorities identify possible

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

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