Tag: chicago market update
What to Expect in 2023
Against a backdrop of profound economic and social change brought on by the COVID-19 pandemic, the last two years saw historic home price increases...
July 2022 Market Recap
2022 is the year of the seller! We may be approaching the end of summer, but one thing has remained the same all year...
Spring Market Update: April 2022
It’s no secret that this spring has been an unprecedented real estate market – with a very low inventory of homes for sale, and...
Chicagoland housing inventory remains low while demand soars
With the holidays upon the Chicagoland area, many would-be buyers are evaluating their housing wish list. While there has been a slight slowdown in new...
Chicago area housing sales are strong and stable
In the first week of November, experts are noting that the Chicagoland real estate market is still holding strong. As of November 2, 2020,...
Chicagoland home prices are rising fast
With interest rates maintaining historic lows, the Chicago area housing prices are seeing sudden double-digit growth after years of holding steady. According to recent...
Chicago’s real estate market continues to see huge gains
The Chicago area real estate market is continuing to see high demand, setting all new records along the way. MRED data shows that 3,444...
Illinois home sales up 14.6% in this summer
Illinois home sales climbed statewide in July, reaching the highest level seen in recent years. Motived by historically low interest rates, buyers have been...
Mortgage rates dropped below 3% for the first time ever
Experts predicted that mortgage rates would fall at the beginning of the coronavirus pandemic, but none could have predicted that rates would drop below...
The Chicagoland real estate market continues to see huge gains
As Illinois continues to make progress against COVID-19, experts are finding that the housing market in the Chicagoland area is seeing positive gains as...
