by Home Buyer Agents | Jun 24, 2022 | Chicagoland Real Estate Information
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...
by Home Buyer Agents | May 19, 2022 | Chicagoland Real Estate Information
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...
by Home Buyer Agents | Apr 23, 2022 | Chicagoland Real Estate Information
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...
by Home Buyer Agents | Mar 19, 2022 | Chicagoland Real Estate Information
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...
by Home Buyer Agents | Feb 19, 2022 | Chicagoland Real Estate Information
Is the Chicago 2022 housing market in a correction? Are we experiencing Temporary Covid Blues? Maybe… Almost universally, the new listings and inventory for most Chicago neighborhoods in January 2022 has fallen 50% from the same time last year. Closed listings,...
by Home Buyer Agents | Jan 22, 2022 | Chicagoland Real Estate Information
Top Five 2022 Market Outlook Takeaways for Chicagoland 1. The Worst of the Inventory Strain Has Passed, But Inventory Will Still Be a Challenge The Chicago metro area had 15,400 homes for sale in December 2021 compared to 31,600 homes in December 2016. Intense housing...
