3 Quick Takeaways for Chicago’s January 2023 Real Estate Market Jeff Kroop talks through 3 things you need to know: Mortgage Interest Rates Fell 1%- Will trend continue? Inventory of Homes Finally Growing- Will removing this last leg of stool make market crash? Buyers...
Happy New Year! It’s that time of year when I look back and count my blessings and express gratitude for the wonderful relationships I’ve formed over the past year and the business that has come from my past clients and friends. The process of buying and...
Will the Grinch Steal Your Equity? The Current Chicago Real Estate Market Merry Christmas and Happy Holidays! I hope everyone has a fantastic holiday and wish you the best for 2023. This is Part One of a Two-Part Series. The focus is on key statistics that show...
Sales Plummet to Lowest Since 2011 While Prices Hold Steady The number of homes sold in the Chicago area plummeted in October to the lowest sales total for that month since 2011, but the prices of those homes rose. Home sales have been expected to drop because of the...
Chicago Home Sales Plummet But Not Sales Prices (Yet) Recession fears and crazy-high interest rates curbed Chicago-area home sales, but sales prices remain strong due to continued lack of inventory. Sales Prices Hold Steady The median price of homes sold in the...
Will Chicago Housing Market Crash? A New Report Says The Risk Is High Chicago’s housing market is highly vulnerable to a decline if the U.S. economy dips into a recession, according to a new report. Attom, the property information service, rated seven Chicago-area...
