Trends
For data-driven stories, to appear under “Trends” menu
What should be on your horizon, as the 2015 housing market begins to take shape? The 2015 housing market is nearly upon us, and to help you prepare in your business, we’ve described below three of the big trends
S&P’s newest Case-Shiller report revels a slow climb towards balance and a strong end to 2014. It was another month of balance for the Windy City, according to the newest Case-Shiller Home Price Indices from Standard & Poor’s. Chicago
Chicagoland’s luxury market is on the rise. But how does that bode for the rest of the industry? The story of Chicago over the last 12 months can be summed up in a single word: bifurcation. Though the market
Yet again, Chicago’s Near North Side neighborhood triumphed. Last week, we reported that Aurora was the place to be for home sales in Chicago’s suburbs in November, and now, in a follow-up report using the same information from Redfin, we’ve found
Negative equity may be down in Chicagoland, but that doesn’t mean that it’s no longer a problem. Last week, we reported a much-needed dosage of good news – that after peaking a few years back, negative equity in Chicagoland has
These were Chicagoland’s top-selling suburbs, according to the latest data November was a good month to be an agent in Aurora – according to numbers that Redfin provided us, the town was not only the top-selling Chicago suburb last
The latest new home sales report is out, but what details of that report should you keep in mind for your business? The latest Census Bureau report on new construction dropped this morning, and it concerns the home sale
Hey! Congress did something good! Here’s a great piece of news for the holiday season – in a refreshing act of bipartisanship, the Senate approved a measure 76-16 this week to extend the Mortgage Debt Forgiveness Act (MFA) through 2015;
Numbers may have been down in Chicagoland’s housing market in November, but it all is part of a larger plan. Home sales in the nine-county Chicagoland area were down 8.8 percent year-over-year in November, while median sales price was up
As the temperature falls, so have existing-home sales, but numbers still indicate a slow return to normalcy. The market peaked for 2014 in October, according to the National Association of Realtors recently released existing-home sales report. In November, existing-home
The Fed’s language on interest rates changed at its last meeting, throwing into question its future policies. It’s the big question on everyone’s mind – when will the Federal Reserve decide to raise interest rates? Indeed, there are few
The negative equity situation in Chicagoland has improved markedly, according to new research by Zillow. Here is some encouraging news for you to end the week with – here in the Chicagoland area, the share of mortgage properties in
Builder confidence remains high while home construction continues to trod along – what gives? Builder confidence this month fell just one point, according to the latest Housing Market Index from the National Association of Home Builders. Finishing up 2014
We all want to think that an explosion is pending in Millennial homeownership, but the numbers to justify that are hardly cooperating. The last few months, we’ve reported consistently that the big problem facing housing (as well as the
The headlines have been merciless regarding the latest new construction report, but was it truly that bad? We’ve seen the headlines too, and on the surface, they’re not pretty – per the latest numbers from the Census Bureau, housing
Everyone knows that mortgages and rents have ran in opposing directions, but the numbers are still jaw-dropping. For some time, we’ve been hearing two independent narratives in housing: one, that mortgage rates and payments were at an all-time low;