Visiting an “open house” in Chicagoland is fun, but the nature of an open house can work against home buyers. An open house is purposely casual, welcoming, and social. And because this kind of home tour doesn’t require an appointment or any...
Chicago area home buyers have a couple things in their favor. The inventory of Chicago homes for sale has improved, and mortgage interest rates have retreated from previous highs. Sellers still have the driver’s seat, but their grip on the wheel isn’t as...
Timing the Chicago real estate market has its hazards. Statistically, the best time to list your Chicago home for sale is during the last two weeks of May. Home buyers are out in force during the spring, and this short-lived sweet spot seems to catch home buyers at...
The Chicago area real estate market could have more homes on the market in 2025, according to Mainstreet REALTORS®. More inventory would be welcome for Chicago area home buyers! But for homeowners planning to move, it potentially means a more competitive selling...