Current Market Data

5 Common Selling Missteps That Every Agent Should Know

Selling a house can be a cumbersome process, but if the appropriate steps aren’t taken and details considered, sellers and agents alike could be losing out on thousands. #99966933 / gettyimages.com It was only a few years ago that

The 7 Things You Should Know About New Construction

Housing starts may have been down last month, but there are many more details about new construction that are of equal import. #200263624-001 / gettyimages.com The Census Bureau released its latest report on new construction, and it wasn’t pretty

Builder Confidence Once Again in Positive Territory

After a sorrowful period in the woods, builder confidence has returned to the promised land this month. #82355279 / gettyimages.com The National Association of Home Builders/Wells Fargo Housing Market Index (HMI), the nation’s leading measurement on builder confidence in

How To Be the No. 1 Luxury Agent in Your Market: Top 5 Takeaways from Jane Brill Gavens

On early Tuesday, a collection of Coldwell Banker Residential Brokerage agents gathered in a small room of Chicago’s Omni Hotel on Michigan Ave. to listen to and learn from successful Beverly Hills-based luxury agent Jane Brill Gavens. For a

Redfin: Are Sellers Losing Market Control?

Heavy investment activity has helped deplete inventory levels, as well as buyer confidence, but a new Redfin survey suggests that dynamic may be shifting. #156881948 / gettyimages.com It’s been nearly seven years since the housing bubble collapsed; yet, the

Foreign Purchases of U.S. Real Estate Soars in 2014

Foreign consumers regained their appetite for U.S. housing in a major way in the 12-month period ending March 2014. #185761563 / gettyimages.com International sales – aka, home purchases in the U.S. by foreign consumers – soared an incredible 35

The 4 Big Challenges Housing Faces in the Coming Years

Housing has made definite progress the last couple of years, but what hurdles remain for the industry? #488933561 / gettyimages.com There’s little doubt that the U.S. housing market has made notable improvements in recent years. For instance, delinquent mortgages

BMO Harris’ Housing Confidence Report Shows Heightened Optimism Despite Potential Purchasing Setbacks

BMO Harris Bank recently released its Bank Housing Confidence Report with results proving heightened certainty in today’s housing market. The study reported that 53 percent of Illinois residents plan to purchase a home in the next five years and

REO Wars, Episode V: The Empire Strikes Back?

REO listings have been on a steady decline for some time, but have they reverse course in 2014? #101057102 / gettyimages.com The decline of distressed home sales has been one of the great success stories of the housing recovery.

Vast Majority of Millennials Still Aspire to Homeownership

Millennials have been missing in action thus far in the housing recovery, but a new survey suggests that the future holds good things. #163372008 / gettyimages.com The housing market may have shown an encouraging blast of activity in 2013,

The 4 Big Things That Will Shape Housing in the Coming Years

The post-bubble housing market have many moving parts, but what components will have a lasting impact on its future? #178684401 / gettyimages.com Many things go into a housing market – so many, in fact, that it can prove dizzying

Bubble Watch: Trulia’s “Housing Barometer” Heralds Good News

The market continues its ascent to a full recovery, but one thing in particular is standing it its way, according to Trulia’s latest Housing Barometer. #85739476 / gettyimages.com For more than two years now, Trulia has charted the recovery

Don’t Believe the Hype – Baby Boomers Ain’t Downsizing Yet

We keep anticipating a wave of downsizings from the nation’s Baby Boomers, but the data does not bare out such a shift. #182110608 / gettyimages.com Baby Boomers are the grand representatives of single-family suburban homes, and analysts and real estate

NAR Report: What Pending Home Sales Can Tell Us About the Market

Pending home sales increased for the month of May, but many first-time buyers are looking for more incentive to enter the market, according to NAR. #154455910 / gettyimages.com In May, pending home sales and inventory levels rose as mortgage rates

4 Key Housing Trends at 2014’s Halfway Point

We’re just about at the halfway point for 2014 – how has the housing market fared, thus far? #172290866 / gettyimages.com We’re now at the halfway mark for 2014, and unsurprisingly, the year has brought many new surprises and

5 Takeaways From the Latest New Home Sales Report

The Census Bureau came out with its latest report on new home sales this week; what were its main findings? #152392688 / gettyimages.com The U.S. Census Bureau released its latest findings on new construction housing this week with a

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