Current Market Data

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

4 ways to ditch waste-of-time meetings

The average meeting is expensive, long and a waste of time. Those are not the inherent traits of meetings; they are the reality of what contemporary business culture has relegated them to.. But you and your agents deserve better.

Chicago is a top 25 city for startups. Here’s why

Chicago is one of the best cities in the country for startup companies, according to a joint analysis from the U.S. Chamber of Commerce Foundation, 1776 and Free Enterprise. And it has room to improve further. “We are at

These 20 Chicagoland agents have grown their business the most in 2016

Our REAL DATA 2016 reports look at, among other things, the top-producing agents in Chicagoland based on total sales volume. 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

Single-family construction is having a great year

Single-family homebuilding is showing encouraging strength in 2016, according to new numbers from the U.S. Census Bureau. Through April, single-family authorizations were at a rate of 736,000, which is 3.3 percent above the revised March rate of 725,000. Monthly new

Builder confidence points to strong construction in 2016

Builder confidence in the market for newly-built single-family homes remained unchanged in May at a level of 58 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Ed Brady, the NAHB’s chairman, explained in the association’s report

4 ways the cloud can improve agents’ business

Approximately 80 percent of real estate’s top performing agents use the cloud, according to Austin-based real estate team The Eitel Group. It’s a testament to the technology that its application is nearly universal among the industry’s elite. But what

Millennials dream of homeownership…from their moms’ basements

Millennials may be America’s largest, most vivacious generation yet, but new research suggests that their homebuying prospects have only worsened with time. According to a new analysis from Zillow, more Millennials now live with their parents than at anytime

Chicagoland mortgage activity jumps double digits in 2016

Overall mortgage activity is down in the Chicagoland housing market this year, but that only tells half the story, according to RealtyTrac’s Q1 2016 U.S. Residential Property Loan Origination Report. Through the first quarter, RealtyTrac found, Chicagoland lenders oversaw 45,982

This “boring” topic could be worth thousands to your clients

We know, we know – private mortgage insurance (PMI for short) is one of the more profoundly unsexy topics in real estate, and offers little of the glitz and glamor of staging, showing and negotiating. But it is a

Chicagoland’s top-selling homebuilders, Q1 2016

See our chart below for the top-selling homebuilders in Chicagoland in Q1 2016 by net contract signings, according to the latest “Regional Executive Summary” report from Tracy Cross & Associates, Inc. Click here for more perspective on new construction in Chicagoland, and

Chicagoland’s Fastest-Selling Markets, April 2016

Click on the tabs below to adjust between the city and suburban markets where homes sold the fastest in April, in terms of average days from listing to closing. Fastest-Selling Suburban Markets Fastest-Selling City Markets Suburb Days on Market Number

Why Illinois is a top 10 place to live for working moms

The prevalence of women in the workforce has grown tremendously over the past few decades, and as a result, working moms have gained buying power in the real estate market. However, as a recent study from WalletHub pointed out,

Chicagoland’s Top Closings, April 2016

In our latest Real Data report, we’ve detailed the agents who closed April’s top deals 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

Two Chicago suburbs named among nation’s most dangerous cities

Earlier this week, we reported on NeighborhoodScout’s new list of the top 100 safest cities in the U.S. In part two of this two-part series on crime, we’ll be counting down the top 100 “most dangerous” cities in America. The

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