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...
Chicago and Midwestern real estate has become a hot commodity, according to an analysis from property management and investment company Mynd Management. Out of the top twenty real estate markets in the U.S. for home sellers in 2020, nine of them were in the...
StartingPoint Realty, Inc. stands among an elite group of top-performing real estate sales teams, according to 2017 transaction statistics compiled by REAL Trends and as advertised in the Wall Street Journal. The teams in REAL Trend’s list of “America’s Best Real...
Higher home prices and rising interest rates have caused more home buyers to increase their debt loads, according to recent studies by CoreLogic and Arch Mortgage Insurance. While this isn’t surprising news, the trend is causing concern among industry...
Single-family home prices in Chicago are reaching levels not seen since 2007, according to a recent article in Crain’s Chicago Business. Median sale prices reached $260,000 in June, and are closing in on the record high of $275,000 set nearly 10 years ago....
With all the news about rising home prices, Chicago home buyers might be surprised by the number of distressed properties that still exist in our area. The USA Today recently reported that Chicago held the highest number of negative equity homes in the country, based...
