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Agents in Illinois grapple with the state’s housing inventory shortage

Housing Wire

Real estate professionals throughout the state attribute the resilience of the state’s housing market to its perpetually low inventory problem. Inventory is almost nonexistent,” said Melissa Kingsbury , a Redfin agent who works in the southwest suburbs of Chicago. “If As of Feb. Across the state, as of Feb. 1 through Dec.

Inventory 429
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How to Sell Your House Fast in Chicago with Targeted Updates and Spot-on Pricing

Chicagoland Appraisal Blog

Westhoff’s clients run the gamut in terms of age, ranging from college students and young professionals to growing families and empty nesters. in 2019 over the previous year, perhaps an effect of high property taxes, falling population, and an excess of homes after the mid-2010s construction boom.

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TRACKING THE SINGLE HOUSEHOLD AND OTHER LIFESTYLE CHOICES

Will Springer Realtor

The figure is a 20% jump from 2019 and represents 43% of all city households, the sixth-highest total in the nation. BY THE NUMBERS >> Seattle jumped five notches between 2019 and 2022 among big U.S. of resold properties. >> Total inventory remains low, however, keeping prices higher on an annual basis.