Is Now a Good Time to Buy a Home? According to the latest market reports foo the city of Chicago, there has been a rise in real estate prices and demand throughout the city. The average sales price for a single-family homes have held steady with a modest 1.4% increase...
Chicago Real Estate Market Update Market Snapshot – City of Chicago 3,839 properties were sold in the City of Chicago in June 2021. This is an 85.4% increase from June 2020. The median sales price in the City of Chicago for June 2021 was $350,500, up 6.9% from...
Chicagoland’s Housing Boom Officially Over, Prices Expected To Fall The Housing Boom is Over For the first time since the pandemic-era housing boom began, Chicago-area home sales in May dropped below the level of pre-COVID years, a clear signal that the boom is...
Prices Finally Dip- Our 2022 Chicago Housing Market Predictions Several factors are in play that are causing the outlook of the Chicago area housing market to be uncertain. Let’s take a look at them: Certain Posh Neighborhoods Still Red Hot. In certain areas on...
Chicago Real Estate Market is Setting Records The Chicago-area housing market is still going strong for a second year. There is one area that is slowing down a bit- the city condo market. Home sales in both the city and the nine-county metropolitan area in March were...
Buyer Anxiety Surges-No End In Sight For Feeding Frenzy Rising rates of over 1 full percentage point for 30-year fixed rate are driving would-be fence sitting buyers into the Spring market. These first time home buyers are in for a shock, as there are barely any homes...
