Buyers, sellers, and realtors alike have kept a close eye on the Chicago real estate market in the last couple of years, waiting for a sign that recovery is on its way. One factor that plays into this is home prices–everyone wants to know when they’ve reached the lowest point so that they’re getting the […]
If you’re in the market to buy or sell a home in Chicago, chances are you’ve been following Chicago real estate news for the past few years–the ups, the downs, and all the predictions of what’s next. Because of our early spring and the unusually warm weather, I am seeing a lot of potential buyers […]
The Chicago real estate market has endured a lot of ups and downs this year—and with each new report, the market is picking up, slowing down, or not moving at all. Lots of potential buyers are left wondering if this is the time, if the time already passed, or the best buyer’s market has yet to come.
With the housing market showing signs of recovery and increased speculation about rising interest rates, prospective higher-end buyers may want to consider pulling the trigger on that purchase of a Chicago home. The banking industry is bracing for a potential rate hike anywhere from 2 to 4 percent during the course of the next 12 […]
For those who have been on the fence to purchase a new downtown Chicago condo, now may be the ideal time. While several buildings downtown are still being built, new construction downtown projects in Chicago have slowed down considerably, and not much is in the window for the foreseeable future. According to an article in […]
The Illinois Association of Realtors announced last month that December’s total home sales were up 20.1 percent compared to December 2008. The report marked the fourth consecutive month that sales were on the upswing—so is the Chicago real estate market looking up?
While there’s no shortage of good deals among Chicago real estate, there is one type of property that you might find at even more of a discount: the 3-bedroom Chicago condo. An article in November’s Chicago magazine said three-bedroom condos have been a tough sell in a down real estate market. The reason? Those who […]
It’s no secret that real estate has been a bit topsy-turvy. But the good news is that Chicago homes are still selling – particularly high-end properties in coveted neighborhoods like Gold Coast, Lincoln Park and Lakeview. In today’s Chicago real estate market, these high-end homes go from anywhere from $2 million up to $15 million. […]