Trends

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Redfin: Over half of big-city dwellers working from home want out

More than half of those working remotely said they would leave the city if they didn’t have to go into an office.

NAR survey: Buyers want home offices, yards and larger residences

The weekly flash survey by the National Association of Realtors shows that buyers are looking for different features post-COVID-19.

Lifestyle adjustments from COVID-19 will change homebuyer preferences

NAR’s vice president of demographics and behavioral insights says rising preference away from metro areas could be a boon to smaller cities.

Which Chicago neighborhoods will be hit hardest by COVID-19?

Although all Chicagoans are at risk for contracting the novel coronavirus, the economic fallout will likely hit certain communities harder than others. Find out which neighborhoods DePaul University’s Institute for Housing Studies identified as being most at risk.

Co-founders of @properties offer predictions, advice in the face of COVID-19 fears

In their latest market update, Mike Golden and Thad Wong offer projections for the real estate market in both the short and long-term, as well as thoughts on how indecisive buyers and sellers should move forward.

Report warns landlords to think twice about evictions

A new Marcus & Millichap report calls on multifamily owners and operators to implement a 90-day moratorium on evictions.

Staging for the post-coronavirus era: 3 features buyers are going to want

Looking to attract buyers during or after the COVID-19 pandemic? Here are three elements agents should pay attention to right now.

Could COVID-19 change homebuyer preferences?

A new survey asks agents how they think their clients will respond to the novel coronavirus pandemic, as well as how they’re shifting their business activities.

Illinois ranks 2nd lowest in U.S. for new construction

While our state underperformed when it comes to new residential units per capita, there is one building metric where we outpaced the national numbers.

Buyers pull back early; sellers, not so much

A national survey of real estate agents digs into how clients are reacting to the coronavirus outbreak, how home values will be impacted, and the likelihood that we’ve entered a recession.

The HGTV effect: From television trend to real estate spend

A new report from Zillow outlines what to highlight in a listing and what to de-emphasize.

Avocado toast and white picket fences: What millennial homebuyers have in common with their parents

A new survey conducted by Coldwell Banker highlights the similarities in homebuying behaviors between Gen Y and older groups.

Navigating generational homebuying and selling trends in 2020

NAR’s 2020 Generational Trends Report shows that young millennials and the silent generation value similar things when buying homes.

Midwest shows significant year-over-year growth in showing activity

ShowingTime’s index points to growing demand for listings in the Midwest, signaling a competitive spring housing market is in the works.

Illinois has 2nd highest property tax rate in the nation

We knew property taxes were high, but a new study shows how our state compares to the rest of the nation on this important homebuyer metric.

Local trends to watch for in the coming decade, according to @properties

Thad Wong and Mike Golden discuss the state of the market, up-and-coming towns and neighborhoods in Chicagoland, and what agents should look for in the coming decade in a recent webinar.

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