Trends

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How the rent vs. buy calculation has changed in Chicagoland

Looking at real estate data over the last decade, some clear trends emerge in terms of costs, demographics and housing stock. See how this has impacted the market in the Chicago area.

Where are Illinois residents relocating to?

While Chicagoland appears to be attracting residents fleeing the Golden State, migration patterns are still leaving us with fewer residents overall.

Flip or flop? Profits are down, according to a new report

The days of a quick flip and big profit seems to be a thing of the past, according to a new report.

8 design trends buyers will be looking for in 2020

As many are predicting the market to favor buyers more in the coming year, listing agents can help sellers prepare by ensuring their homes are in line with the latest looks.

Do your clients understand the real cost of homeownership? New polls suggest they don’t

Two new studies point to the fact that many buyers don’t have a complete picture of what it costs to buy and own a home.

NAR predicts slower price gains in 2020

The association brought together a group of economists to provide a forecast of the market, and the consensus is that housing construction shortages will continue into next year.

3 trends that millennials will bring to the market in 2020

In its predictions for 2020, Zillow revealed a few ways in which Gen Y might impact housing in the near future.

Chicago ranked internationally as a top smart city

Learn where Chicago is doing a particularly good job in technological advancement, and how this investment can pay off in the local economy.

Is Chicagoland safe? It’s complicated.

A new study purports to reveal the safest cities in America.

Chicago ranks 2nd in share of residential skyscrapers in U.S.

A new study shows that high-rise buildings aren’t just for worker bees anymore.

Chicagoland home prices up in September, though far below national trend

The rebound could mean an accelerating market nationwide.

The boomers are coming: Here’s what’s on their homebuying list

Some builders are saying “OK, boomer: What do you want in a house?” Here are some of the top amenities this demographic may be searching for.

Chicago’s millennials still want to own, but the percentage is shrinking

A generation marked by economic instability and student loan debt is giving up on homeownership, according to a new survey.

Housing starts up nationwide, Midwest still struggles to keep pace

Two percent jump in housing starts nationwide could mean lower chance of recession

The homeownership gap is closing, albeit slowly

Minority homeownership, which plummeted during the Great Recession, is climbing back up.

Midwestern home buyers slightly more optimistic about buying

Still, more than two-thirds of homebuyers believe housing availability getting scarcer.

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