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Chicago Housing Market 2021

Predictions for the 2021 Chicago Real Estate Market

What will happen in the 2021 Chicago Real Estate Market? Real estate agents aren’t psychics. We don’t know what will happen tomorrow, let alone one year from now. But with the current information we have, we make our best guesses as to what the future will bring and use that information to help guide our…

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There are Two Sides to Every Story

It’s been an interesting year in Chicago real estate, to say the least. Every week that goes by we have new data to use that helps determine what’s going on and where the market is headed. As of late, the most interesting piece of data I’m seeing is the build in the inventory of condos…

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Openhouse-a-palooza!

Are you in the market for a new home in Chicago? Maybe you’re a first time homebuyer and looking for just the right place? Well, I have FOUR options for you this weekend to check out. Four open houses for four listings, this is OPENHOUSEAPALOOZA!   Saturday 10:00 – 12:00 2930 N Sheridan Road #2205…

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A Full Circle Sale

Recently I sold a condo at 1931 W Diversey Pkwy, that closed for just under list price and sold in the first weekend with two offers. And while that’s great and all, this one was especially important to me because how it came to be was a roller coaster ride that can be traced back…

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Why We’re Buying a Home During a Pandemic

As the dust settles from a chaotic June, July has still been an active market, including my fiance and I buying a new home. We have been looking for 6-8 months pretty actively, some weeks more than others. While we found a few that would work, we ultimately compromised on a few things with the…

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June Update on the State of the Chicago Market

June. Was. Crazy. There was lots of speculation over what we thought could happen, although no one knew for sure. Once we saw numbers starting to creep back up in late April, we could see a market heating back up, but with demand rising faster than inventory. Buyers are more easily able to go back out…

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May Update on the State of the Chicago Market

When the COVID-19 pandemic hit in March, there was a frenzy in the market and most activity came to a screeching halt. March numbers were down year over year, but we wouldn’t see what was really happening in each neighborhood until we got the full month of April in. Well, as the month went on,…

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April Update on the State of the Chicago Market

Yesterday, Governor Pritzker announced a 30 day extension of the stay-at-home order for Illinoisans, meaning we are in this predicament until at least May 30th. While this is worrisome and frustrating for everyone, they are seeing positive outcomes from this order and hopefully we can start to resume some normalcy come June. As for the…

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An Update in Response to the Coronavirus Outbreak

I want to start off this post with a quote/meme I saw which perfectly sums up the present day: “I don’t even remember what we used to talk about before the coronavirus.” While it’s a very serious issue right now, we need to remain positive and think of ways we can best prepare for the…

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How Much Interest Rates Matter

If you haven’t been paying attention to the news recently, you may be missing out on the fact that mortgage rates are reaching all time lows. “Investors are fleeing to safe-haven investments amid renewed coronavirus fears, sending 10-year Treasury yields sharply lower and this, in turn, will push U.S. mortgage rates to new lows.” Bankrate –…

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