by Home Buyer Agents | Nov 22, 2023 | Chicagoland Real Estate Information
Chicago’s Real Estate Market Stagnates As Owners Dig In More than 80% of homeowners have 30-year mortgages with interest rates of 4% or less. Today’s rate is falling a bit from 8% to around 7.5% (with no points) but still the gap from 4% to 7.5% is enormous. Say a...
by Home Buyer Agents | Oct 20, 2023 | Chicagoland Real Estate Information
Chicago’s Home Inventory Drop Leads USA As Rates Hit 8% The number of homes for sale, called “inventory”, is way down all over the country as mortgage interest rates rose from 3% to almost 8% during the pandemic. Of all major cities, Chicago has seen the largest drop...
by Home Buyer Agents | Sep 29, 2023 | Chicagoland Real Estate Information
Chicago’s Home Price Growth #1 In Among Major U.S. Cities For the third month in a row, home prices grew faster in the Chicago area than in any other majorU.S. metro area, according to new data from the S&P CoreLogic Case-Shiller Indices releasedthis morning....
by Home Buyer Agents | Aug 23, 2023 | Chicagoland Real Estate Information
Normally Quiet August Real Estate Market Continues to Roar August is typically a slow month in real estate as people vacation then get ready for the start of the school year- spiking after school starts. However, the August market continues to roar. The market has...
by Home Buyer Agents | Jul 25, 2023 | Chicagoland Real Estate Information
Chicagoland Home Prices Reach Record Highs: Here’s What You Need to Know Median Prices Hit Record Highs in Burbs and Record Lows in City The median price of homes sold in Chicago dipped again in June, for the eighth consecutive month, while in the nine-county...
by Home Buyer Agents | Jun 21, 2023 | Chicagoland Real Estate Information
Buying Chicago Northside Condos Not For Feint of Heart: Be Prepared For Wild Ride Life as a Chicago agent has been a wild ride in the last few years, as supplied tightened and not enough homes were on the market to go around. Nothing in my 23 years of real estate...
