StartingPoint Realty Blog

Will Chicago Home Prices Continue Double-Digit Gains?

Will Chicago Home Prices Continue Double-Digit Gains?

Chicago's spring real estate market was hot! Hot enough that April median home prices increased 10.2% compared to April 2020. Homes in the city of Chicago spent an average of 74 days on market, meaning homes sold about 8.6% faster than last year. With the median sales...

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Preparing for a Hot Market as a Chicago Home Buyer

Preparing for a Hot Market as a Chicago Home Buyer

The Chicago and suburban real estate market is tough for first-time home buyers these days. The lack of listings has forced home prices higher, and caused homes to sell faster! Yet the basics of the home buying process are still critically important. Without them, you...

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Chicago Suburbs See Home Buying Surge

Chicago Suburbs See Home Buying Surge

Chicago area home buyers displayed a preference for suburban homes during 2020, and the trend will probably stick around for a while. Here's a look at what 2021 will bring for home buyers! Suburban home buying competition. As urban events and attractions shut down and...

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Chicago Needs More Home Sellers in 2021!

Chicago Needs More Home Sellers in 2021!

While Chicago home buyers snapped up available properties, median home prices posted a year-over-year increase. The median home price in the Chicago Metro area reached $274,050 in October 2020, representing a 14.2% gain from October 2019.

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Chicago Area Home Sales Keep a Fast Pace

Chicago Area Home Sales Keep a Fast Pace

Chicago Area Home Sales Keep a Fast Pace Chicago area home buyers are staying determined! The latest home sales report from Illinois REALTORS© shows robust September sales activity. Here’s how Chicago area home prices shaped up! The Chicago Metro’s median home price...

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Bigger is Better for Chicago Suburban Home Buyers

Bigger is Better for Chicago Suburban Home Buyers

Pandemic-induced home preferences are driving more buyers to the 'burbs. With work-from-home sticking around, and remote learning offered at most schools, Chicago home buyers need square footage like never before. Yard space has also become more important to home...

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Millennial Home Buyers Fare Better in Chicago

Millennial Home Buyers Fare Better in Chicago

Millennial home buyers have struggled against high student debt loads, rising home prices, the Great Recession and now the pandemic. But here in Chicago, Millennial home buyers are doing better than most of their counterparts around the country.  This insight...

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Chicago Home Sales Picking Up the Pace

Chicago Home Sales Picking Up the Pace

The Chicago real estate market has been surprisingly stable despite the tumultuous first half of 2020. So far, first-time home buyers are looking at conditions that aren't too different from a year ago. If anything, the market appears to be moving quicker! ...

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