Midwest Regional Intelligence

Here you will find all of our articles with topics that cover the Midwest Region.

Midwest Markets Late to the Game—but Ready to Play Ball

by John Burns Real Estate Consulting June 11, 2018

The US economic recovery is currently in its ninth year of expansion—and heading into extra innings. While the Cubs, Royals, and Cardinals have all won the World Series during the recovery, the Midwest housing markets have had little to brag about. …

Midwest Income Growth by Market

by John Burns Real Estate Consulting September 16, 2016

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The Midwest Price Gap: Existing Home Median Price vs. New Home Median Price

by John Burns Real Estate Consulting January 8, 2016

As we tour housing markets across the Midwest, the topic at the forefront of discussion is the price gap between new homes and existing homes. This gap has widened in every major market across the Midwest since the beginning of …

Chicago: Lessons from the Most Beat-Up Market in the Country

by John Burns Real Estate Consulting October 29, 2015

For years, our thesis has been that the national downturn and recovery (in blue below) will play out similarly to the mid-1980s downturn in Houston (in orange below) and the early-1990s downturn in Southern California (in green below) because both …

Housing Market Fall Classic

by John Burns Real Estate Consulting October 26, 2015

“Never let the fear of striking out get in your way” – Babe Ruth October is here: the leaves are changing, jack-o-lanterns are carved, and builders are preparing to hit year-end sales goals. October, of course, is also home to …

Chicago Housing Outlook an A+ after Falling 91%

by John Burns February 4, 2014

Watch out for a housing renaissance in the Chicago metro area. The region massively overcorrected in this last downturn and just recently joined the recovery. New home revenue fell 91% from 2005 to 2010, and most private builders went out …