Real Estate Industry

Over 200,000 Chicagoland adults plan on buying a home/condo in the next twelve months. But with home inventory far outstripping demand, it’s a buyer’s market, with strong competition vying for their dollars. Meanwhile, current homeowners face continued challenges to hold on to what they have.

Chicagoland Home Buyers

  • $60, 560 median household income
  • Median age is 30
  • 34% are Hispanic

National Trends / Observations

  • Pass it on: “Hand-me-down” homes are becoming more prevalent as elderly parents are transitioning into assisted living.
  • For emergencies only: Increased uncertainty with today’s housing market negatively impacts all industries, as consumers save money so they ready for any economic surprises.

Base: 203,280 Adults A18+ plan to buy a primary new or primary existing or secondary home. Sources: Scarborough, Chicago R1, 2010; National Trends / Observations compiled by Tribune Media Group Market Strategy from various sources.

Connecting with the Real Estate Industry

hoy

Hoy & Fin de Semana

Connect with Chicagoland's Hispanic consumers with Hoy, the market's only Spanish-Language daily.

Added to your planREMOVE
apartments-com-logo

Apartments.com

Apartments.com, the premier online apartment rental resource, provides many options to showcase listings efficiently.

Added to your planREMOVE
ChicagoNow_thumb

ChicagoNow.com

As Tribune Media Group's fastest growing site, ChicagoNow.com drives local audiences that engage with each other, and your brand.

Added to your planREMOVE
TribLocal Featured Image

TribLocal

Providing unique news and information, Triblocal provides the ultimate local targeting solution.

Added to your planREMOVE
TribLocal Featured Image

TribLocal.com

TribLocal.com keeps visitors engaged by reporting on the news and information that is specific to their community.

Added to your planREMOVE
312-222-5995