One of the biggest questions we all seem to be asking these days is: When are we going to start to see an economic recovery? As the country begins to slowly reopen, moving forward in strategic phases, business activity will help bring our nation back to life. Many economists indicate a recovery should begin to happen in the second half of this year. Here’s a look at what some of the experts have to say. [Read more…]
Total home sales in Chicago is down 2.6% from this time last year, though the median sale price is up 5.8% over the same period. Low inventory remains a problem. Market times have dropped from last year by 11%, as home buyers who are in a position where they need to move are still moving. This market reflects that optional move up buying has slowed.
Take a look at the market for the neighborhoods I serve. If you are thinking of making a move, or just curious, I can help you navigate the process with my objective, data-driven perspective and over 20 years of experience.
Have you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session? [Read more…]
The National Association of Realtors, The Mortgage Bankers’ Association, Freddie Mac and Fannie Mae are all projecting that home sales will increase in 2017. [Read more…]
Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey. [Read more…]
As the temperature in many areas of the country starts to cool down, you might think that the housing market will do the same. This couldn’t be further from the truth! Here are 4 reasons you should consider buying your dream home this winter instead of waiting for spring! [Read more…]
There are some industry pundits claiming that residential home values have risen too quickly and that current levels are on the verge of another housing bubble. [Read more…]