Current Market Data

The End of Suburban Sprawl?

A new study suggests we may be seeing the beginning of the end of suburban sprawl. #147480838 / Since the early 1940s, many of the United State’s most prominent metro locations have been characterized by sprawl, which refers

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 / 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 / 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 / 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 / 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 / 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 / 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 / The decline of distressed home sales has been one of the great success stories of the housing recovery.

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