Current Market Data

Being an international agent: 9 things to know about Colombians

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

7 incredible stats on how student debt is harming the housing market

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

Home values differ dramatically across CTA L stations – and reinforce the legacy of racist housing policies

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 economy ranks under 28 other states’ in new report

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

Sanders, Clinton or Trump? Homebuyers choose “other”

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

McMansion ascending – U.S. homes are bigger than ever

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

These are homebuyers’ top two concerns in 2016

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 –

Green home features are the new normal

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

These 20 Chicagoland offices have grown the most in 2016

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

A detailed look at Chicago’s 8 hottest neighborhoods

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

4 tips to keep agent relationships strong through expansion

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,

Spring buying season complicated by falling Chicagoland housing inventory

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

Retirement surge: It “will completely transform housing”

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

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

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