Illinois

Housing Market Forecast & Predictions

Housing Market Forecast & Predictions

Housing Market Predictions The housing market is recovering and NAR’s new report for June shows rising listings, sales and home prices. Existing Home Sales Rebound in June June’s huge 20.7% jump in home sales is giving support to a more promising housing market forecast for the rest of 2020. Sales…
Housing Market Forecast 2021 Part 2

Housing Market Forecast 2021 Part 2

Strong Economy Bolsters Buyer Intent 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 December). And we know Millennials (50% of total home sales and mortgages) are desperate to start their families (and for years to…
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.…