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Chicagoland’s housing recovery has been picking up steam in recent months, but some markets have been performing better than others. What are the busiest housing markets in the city and suburban markets of the Chicagoland area? To answer that
In the last year, we’ve entered a new world order in real estate, and homebuyers are facing a number of concerns as a result. It’s a new world out there in the U.S. real estate market. Gone are the
Pending home sales were at their third-highest level since 2006 in June, but are rising mortgage rates beginning to have an impact? Pending home sales were at their third-highest mark in more than six years in June, though industry
The May Case-Shiller was the best news yet for Chicago’s housing market, with home prices in the city putting up some of the best numbers in the nation. May’s Case-Shiller Home Price Indices report from Standard & Poor’s offered
Of MRED’s 36,000-plus users, how many login to connectMLS from a mobile device? And how do those numbers compare with past years? Click on our infographic below to find
In terms of traffic and contract growth, DuPage County is among the top 5 new construction markets in the nation. DuPage County is one of the top 5 new construction markets in 2013, according to data from Metrostudy. Analyzing
It’s the big question on everybody’s mind – will the rising mortgage rates of the last couple months produce a noticeable fall in home sales? Mortgage rates have been on the rise the last couple months. Since the beginning
June was a rollicking good month for new residential home sales, which posted strong increases on both monthly and yearly measures. New single-family home sales were up 38.1 percent year-over-year in June, in addition to an 8.3 percent monthly
The news was good for housing inventory in Monday’s existing-home sales report from NAR, but has the situation improved at all here at home? Housing inventory nationwide increased just under 2 percent from May to June, rising to a
June was a strong home for home sales in both the city of Chicago and its surrounding suburban markets, according to new research. In the nine-county Chicago Primary Metropolitan Statistical Area (PMSA), home sales (single-family and condominiums) in June
June’s existing-home sales may have fallen from May, but they retained strong yearly increases, while other fundamentals improved. Existing-home sales may have fallen by 1.2 percent from May to June, but June’s seasonally adjusted annual rate of 5.08 million
Compromise is an inevitable component of the homebuying process…or is it? A new NAR survey has tracked what homebuyers do – and do not – compromise on. News flash: the homebuying process can be a darned frustrating experience. You
What were the most important features to homebuyers in 2013? What features of the home, and the greater area, were most valuable to them? There are many types of property available to today’s homebuyers, but as any savvy agents
Though builder confidence hit its highest mark in seven years this week, the latest construction report from the Census Bureau was underwhelming…or was it? June was a bit of a downer for new construction – at least on the
May was a tough month for home prices in Chicago, with the Windy City lagging behind the rest of nation on both monthly and yearly measures. May was a good month nationally but a tough month locally for home
July was a mighty good month for homebuilders, if the latest Housing Market Index from the National Association of Home Builders is any indicator. Builder confidence for newly built, single-family home market hit its highest mark in more than