Housing Wire

FEBRUARY 8, 2024

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.

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Inventory Agents Housing Market Luxury Properties 441

Housing Wire

MARCH 29, 2024

Buyers are still buying and sellers are still selling. We definitely noticed a downturn last year, which coincided with interest rates going up, and buyers just put the brakes on things and wanted to wait to see what was going to happen. Michaels also noted that his business is still seeing a steady stream of out-of-town buyers. “We

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Housing Market Agents Marketing Inventory 431

Will Springer Realtor

FEBRUARY 9, 2024

SPOTTING TRENDS Builders are hearing from prospective buyers: Developers are being asked to create stylish and functional homes with little compromise on size and at lower prices. Note: Average prices include all home sales – including ultra-luxury properties – and do not portray the housing market as accurately as median prices.)

Development 36

Development Design Housing Market Real Estate 36