Boom Years Officially Over As Chicago Real Estate Prices Finally Fall According to new data released by the Illinois Realtors, home prices in the Chicago area dropped in April for the first time in over 12 years. The median price of a home sold in the Chicagoland area...
Chicago Real Estate Report: Chicago Buyers Gobble Up Condos But Home Sales Suffer Chicago Single Family Homes Hurting Single family prices in Chicago dropped five consecutive months, while prices have stayed flat for the metropolitan area. Condo prices in Chicago...
Chicago Housing: Before and After the Covid Boom and Bust This week marks the 3rd anniversary of the Covid shutdown orders issued by the government. First, it collapsed a few months when fear took over and then went on a roller coaster ride of price appreciation never...
Is Huge Drop in Home Sales Normal Winter Slowdown or Actually Crash? Number of Home Sales Lower Than Pre-Covid Average In Chicago, 1,076 homes (condos and single family) sold last month, down 41.2% from January 2022. In the nine-county metropolitan area, 4,420...
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...
