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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. As of Feb. Across the state, as of Feb.

Inventory 406
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While the Austin housing market isn’t sizzling, agents say it is still warm

Housing Wire

But like the temperatures, which are far from the triple-digit figures the residents of the Texas state capital will see in the coming months, local real estate professionals say that even though the market is warming up, it is nowhere near the frenzy at the height of the COVID-19 pandemic.

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TRACKING THE SINGLE HOUSEHOLD AND OTHER LIFESTYLE CHOICES

Will Springer Realtor

The so-called STEMdex from Real Estate Consulting puts our city behind only Austin and Denver in an annual ranking of markets most likely to see the strongest STEM (Science, Tech, Engineering, Math) job growth. >> The typical home fix-and-flip in the U.S. Total inventory remains low, however, keeping prices higher on an annual basis.