Illinois

Housing Market 2020 2021

Housing Market 2020 2021

Housing Market Forecast 2021 As forecasted, the housing market continues its spectacular recovery into the fall months.  August’s sales were up 8.8% from July and 24% over last August. Surveys show the outlook for home sales and prices in October, November, and perhaps December. is up but listings may dwindle…
Housing Market Forecast 2021 Part 2

Housing Market Forecast 2021 Part 2

Home Price Bolstered by Strengthening Economy The improving, post pandemic economy will be flush with renewed optimism about the housing market, which currently is on a tear. We know the economy is going well, and with trade deals firmed up, unemployment at record lows (3.5%) and wages rising (3.7% in…
Illinois Real Estate Market

Illinois Real Estate Market

Illinois and Greater Metro Chicago Real Estate The months of January and February revealed the Illinois housing market and especially Metro Chicago housing market performed much better. 2020 was starting in a promising rising direction with upward projections for the next 3 months. Now with the Covid 19 work shutdown,…
Homes for Sale Searches Heating Up in Central US

Homes for Sale Searches Heating Up in Central US

Google Trends Keyword Search Reports Showing Sparks It’s normal to see search activity pick up as spring approaches, yet this year’s activity seems to be a little stronger. Kind of harkens back to the pre crash era where real estate was huge and people actually believed they could buy a home.…
Chicago Housing Market Predictions

Chicago Housing Market Predictions

Chicago Housing Market Update The recovering Chicago housing market is facing some strong challenges, yet its weaknesses may well be key strengths by 2020. The Chicago market health rating was one of the lowest in the country (only Washington DC had a lower price performance outlook), yet that could be changing.…