We keep hearing about the nation’s residential construction market, but what about our local market? The nation’s residential construction market has been receiving (justly, we should add) quite a bit of attention from analysts and housing professionals alike, and

Everyone is reporting on February’s new home sales numbers, but what broader trends do the numbers reveal? You’ve surely seen the headlines by now: the sales of newly built single-family homes in February fell 3.3 percent from January, and

The RE/MAX Professionals Select in Naperville was recently awarded for having the most closed residential sales in 2013. The office successfully completed 1,531 residential sales totaling $377,135,652 in sales volume. With 58 full-time Realtors, Re/MAX Professionals Select averaged 26

It was a contradictory month for home prices in the Chicagoland area, according to the latest Case-Shiller. January was a most contradictory month for home prices in the Chicagoland area, according to the latest Case-Shiller Home Price Indices from

Existing-home sales continue to level out in February, according to the latest analysis by NAR. Existing-home sales continue to soften in February, falling 0.4 percent from January to February and 7.1 percent from Feb. 2013, according to the latest

What are the most important trends and details about Generation X, as it pertains to the housing market? For our second story on NAR’s Home Buyer and Seller Generational Trends report, we’re looking at the one generation that is rated

Economic inequality is surging just about everywhere; how could that impact the local housing market? Income inequality has become a major news item in recent months, and for good reason – by almost every economic measure, inequality has increased

They’re called the “Post” generation and “Generation Z,” but they mean big things for the country in the coming decades. Here at Chicago Agent, we report often on the Millennial Generation, and for good reason: at 80 million strong, Millennials

The nation’s construction sector continued to bump along in February, with all measures putting out lukewarm numbers. Another month, another around of lackluster construction numbers from the U.S. Census Bureau. According to the Bureau’s latest report, housing starts were

Many factors influence homebuyer preferences when looking at newly built homes, including their ethnicity. When looking at preferences among the buyers of newly built single-family homes, how do those preferences differ when looking at the buyers’ ethnicity? According to

Builder confidence stabilized in March after experiencing its worst month in sometime in February. After a horrid month that saw builder confidence fall to its lowest level in 12 months, the NAHB’s Housing Market Index stabilized in March. The

Millennial homebuyers will be the next great source of housing demand; what traits set them apart from other generations? The National Association of Realtors’ Home Buyer and Seller Generational Trends report is among the more detailed homebuyer surveys out there,

Median time on market was way out of whack during the years of the downturn; has it finally turned the corner? Time on market has been among the most oft-watched measures of the housing recovery, and new numbers from

Threatening to halt any progress the market made in recent years is the fact that first-time homebuyers are struggling mightily. In fact, the National Association of Realtors (NAR) recently reported that first-time homebuyers possess the lowest market share the

“If you are like me,” said MRED President and CEO Russ Bergeron, “you are getting tired of listening to the constant barrage of announcements on how multiple listing services (MLSs) are going to take control of listing syndication by

Property values in Chicagoland continued to increase markedly in February, according to the latest numbers. Home values have been rising steadily in many metropolitan housing markets, but did that progress end in February? Take a look at our graph,