Five Positives Heading Into the 2023 Spring Market
By now you know that 2022 was no walk in the park for the real estate market. Rising mortgage rates, falling stocks and high inflation gave buyers and sellers the blues and brought the doom-and-gloomers out of the woodwork. But
Buying or Selling in Spring 2022? Follow This Advice from Top Managing Brokers
Spring 2022 continues to be a strong sellers’ market throughout most of the Chicagoland area. To gain an understanding of overall and local market trends, and how both buyers and sellers can best prepare, we asked the following managing brokers
How Home Sellers Can Make the Most of Favorable Market Conditions
Maybe you’ve seen photos of buyers lining up outside a house, potentially gearing up for a fierce bidding war. Or maybe you’ve heard about homes getting snatched up as soon as they hit the market. While it remains a sellers’ market
Latest Housing Data Points to Chicago’s Value
According to a recent article in Crain’s Chicago Business, home sales in the city of Chicago increased 35.5% in March on a year-over-year basis, almost three times the increase that was seen nationwide. The median sales price in Chicago was up 7.8%
Outperforming the Market
One of the biggest trends to emerge from the COVID-19 pandemic is the focus on housing. As people seek more space and look to take advantage of low interest rates, the local real estate market has seen a strong recovery. In
5 Marketing Resources Every Home Seller Needs Today
With the majority of homebuyers starting their property search online, digital marketing resources are an integral part of the real estate marketing mix. So if you intend to sell your home at any point in 2020, here are a few
Chicagoland Contract Activity Points To V-Shaped Recovery For Local Real Estate Market
A year-over-year comparison of new contracts is an encouraging sign for the Chicagoland real estate market. After bottoming out in mid-April, contract activity in the entire Chicagoland region is on the upswing based on @properties data. In fact, by Memorial
Five Reasons Chicago is a Great Investment for Home Buyers
Legendary American author Mark Twain once famously quipped to a reporter that news of his death had been greatly exaggerated. Similarly, we Chicagoans frequently find ourselves in the position, these days, of having to remind others that our city is
The Future of Gold Coast Luxury Real Estate
Sales numbers from the last few years paint the picture of a down market in the Gold Coast – the upscale lakefront pocket that has long been known for ultra high-end condos and co-ops. But another evident trend that sales
Tips for Showing Your Home During the Fall
When it comes to buying and selling a home, the final months of the year present some unique advantages in the marketplace (think less competition and motivated buyers). If you’re selling your home this fall, here are a few tips to