by Jeff Kropp | Jun 20, 2020 | Chicagoland Real Estate Information
We finally have some solid figures on how COVID impacted Chicagoland real estate. These figures reflect a deep negative impact on real estate but also hope the worst is over. As we hit and then passed the peak of COVID in May, closed sales and new listings were way...
by Home Buyer Agents | May 25, 2020 | Chicagoland Real Estate Information
The April 2020 market statistics for Chicago are complete. We’re beginning to see a fuller picture of COVID-19’s effect on the housing market. On average, closed sales are down 22.2% from 2019. Demand is still there but constrained by inventory which has also fallen...
by Jeff Kropp | Apr 26, 2020 | Chicagoland Real Estate Information
No one knows for sure. But most housing experts believe the wave of across-the-board home-price slashing and desperate sell-offs that characterized the aftermath of the Great Recession are far less likely to materialize this time around. Why will things be different?...
by Home Buyer Agents | Apr 13, 2020 | Chicagoland Real Estate Information
Spring is here, which typically means home buyers are looking at out properties, negotiating, and closing on new places. But the coronavirus outbreak along with stay at home measures and economic uncertainties have many real estate shoppers wondering: Should I buy a...
by Jeff Kropp | Mar 21, 2020 | Chicagoland Real Estate Information
The last few weeks have been some of the most interesting times we have experienced in recent history. First and foremost, stay safe and stay at home. We know what we have to do. You are probably wondering how the coronavirus situation may impact your purchase, your...
by Jeff Kropp | Feb 19, 2020 | Chicagoland Real Estate Information
2020 here we come! Analyzing sales across different segments (high, middle and low end) and neighborhoods, one trend that stands out is almost double market times compared to last January. This is true even for the very few hot spots where sales of condos are booming...
