Monthly Archives: October 2015

Where Will Home Prices Be Next Year? [INFOGRAPHIC]

  Some interesting facts: 25 states are forecasted to achieve higher levels of appreciation in the next 12 months than already achieved in the last year. 25 state and the District of Columbia are forecasted to experience a slow in appreciation. All 50 states & D.C. are forecasted to achieve some level of positive price […]

Posted in Chicagoland Real Estate News, For Buyers, For Sellers, Housing Trends, Move-Up Buyers | Leave a comment

Are Millennials Finally Entering the Market?

It appears that Millennials are finally beginning to enter the housing market. In a recent report, CoreLogic looked at the annual net change in household formations over the last decade (see graph below): It appears this is the year that Millennials are finally moving out of their parents’ basements and finding a place of their […]

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New Home Sales Surge By 5.7%! [INFOGRAPHIC]

  Some Highlights: The median price of a newly constructed home is currently $292,700. Sales are up 5.7% month-over-month and 21.6% year-over-year. Many buyers are looking to new homes as an option due to the lack of inventory of existing homes for sale. …read more

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#1 Reason to List Your House Today

If you are debating listing your house for sale this year or even early next year, here is the #1 reason not to wait! Buyer Demand Continues to Outpace the Supply of Homes For Sale   According to the National Association of REALTORS’ (NAR) Foot Traffic report, there are more buyers out in the market […]

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How Quickly Are Homes Selling In Your State? [INFOGRAPHIC]

  Some Highlights: The National Association of REALTORS┬« surveyed their members for their Confidence Index The REALTORS┬« Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions. Homes sold in […]

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