Current Market Data
Chicago’s 60603 ZIP code, which includes the city’s Loop and downtown, is one of America’s top residential boom towns, according to a new study by realtor.com. The analysis – which looked at job growth, household formations and housing starts
In an age where we can order groceries through Amazon and watch Wolf Blitzer via hologram, it seems a little old hat for real estate agents to include direct mail in their marketing campaigns. But it’s not. While the
Lincoln Park and the Near North Side were the top luxury housing markets in Chicago in March, while Hinsdale was the top-selling market of the suburbs, according to a custom Real Data report by Chicago Agent. In the city, Lincoln
It’s strange how little we hear about Generation X, because as consumers they are a pretty important group for agents to understand. Why? For starters, Gen Xers – which represents persons currently aged 36 to 50 – accounted for
Chicago has one of the busiest luxury housing markets in the country, according to the new Luxury Market Report from Coldwell Banker Previews International. In 2015, Previews reported, sales of homes priced $1 million and above totaled 1,149 in Chicago. That
Bankrate’s latest Financial Security Index offers up good news There are many studies that look into how Americans spend money, but agents should take note of a new Bankrate Financial Security Index, which measures American consumers’ confidence in the market, their net
Baseball may not enjoy the same status it had in its glory days as the country’s greatest pastime, but in many places it remains a significant influence on real estate. Well, its stadiums do. A new report from real estate
Home prices around the country are feeling the Spring season bump. According to a new report from CoreLogic, prices rose 6.8 percent year-over-year in February. At a state level, the gains were universal. “Home prices continue to rise across
In a new report on its 2016 Real Estate Outlook survey, KPMG found that many real estate investors are still confident in the market’s ability to produce returns, though some have found reason to temper that optimism with caution.
Forget what you thought you knew about the housing market – according to Freddie Mac, 2016’s housing market will see a return to pre-crisis levels. In the year following the recovery surge of 2014, the market slowed – a result
Schools are an integral part of the search process for many a homebuyer, and new research from the National Association of Realtors has reinforced just how non-negotiable the issue is. According to NAR’s 2016 Home Buyer and Seller Generational
Breaking down the many barriers to credit erected in the wake of the mortgage crisis has been a slow process. Credit issues have kept older homeowners from selling and younger renters from buying. But according to Fannie Mae’s Q1 Mortgage Lender Sentiment
This year is shaping up to be a hugely positive one for residential construction in Chicagoland, according to the latest numbers from Dodge Data & Analytics. In February, residential construction spending in Chicagoland totaled $195 million, a 13 percent
The consumer equation is messy – expectations are up, attitudes towards the current market are down, and overall, confidence is on the rise, according to The Conference Board’s March Consumer Confidence Index. Using 1985 as the index’s baseline, where
Construction employment was up across the nation in the early months of 2016, according to the Associated General Contractors of America – a good sign for the industry , which currently suffers from labor and inventory shortages. So, if
Urban buyers today would have hated the 1950s. In the Urban Land Institute’s “America in 2015” report, a survey of U.S. residents found that approximately half considered “walkability” a top or high priority when determining where to live. But