Home Buying Changes in one Month I take calls every day from prospective clients, and to my surprise most have never heard of the NAR settlement. Since it impacts the entire real estate transaction (not only in Chicago but nationwide), I must spell it out...
Deals Galore With Glut of Downtown Luxury Condos Chicago Home Prices Finally Double Since 2000 According to March data from S&P CoreLogic Case-Shiller Indices, Chicago home prices here are now two times what they were as the year 2000 began. Finally, Chicago home...
Rare Two-Fisted Punch Smacks Chicago Real Estate Market Rising prices and interest rates made Chicago homes less affordable in March than they’ve beenat any time in the past 17 years, and probably longer. A monthly index of affordability that the Chicago Association...
NAR Settlement Fallout: Buyers Screwed Like Never Before Many of you are aware of the NAR settlement reached last week. Sadly, most of the articles wrongly concluded that sellers will no longer have to pay buyer agent commissions, that buyer agents are not needed and...
Home Showings Rise With The Sun The number of real estate showings so far this year in the Chicago area is well above the same period in any of the previous four years, including the pre-COVID months of 2020, a weekly report posted by Midwest Real Estate Data on Feb....
Its All About The Rates Baby: 2024 Chicago Housing Outlook Experts agree that the 2024 Chicago real estate market will improve if mortgage interest rates continue to fall. We would shift from a seller’s market to a more “balanced” market of 6-8 months of inventory. ...
