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Worried About a Recession? Most Experts Say “No Major Cause for Concern.”
Recent analyses from major institutions and economists reveal that although recession fears are widespread, most experts agree that the U.S. housing market and household finances remain strong .While high interest rates, inflation, and supply chain uncertainties persist, the data suggests that a crash similar to past economic crises is highly unlikely . Why Experts Aren’t Too Worried Here’s what many economists are pointing to: Stable household debt levels — Compared to pa
Nov 21, 20252 min read
Two Critical Things Every Home Seller Must Know Before Listing
According to a recent housing market report, a large portion of homes that went unsold this year failed for two major reasons: incorrect pricing and poor timing .Redfin data shows that only about 25.3% of homes sold above the asking price. Realtor.com also reported a 57% increase in listings being withdrawn from the market compared to last year. In other words, if you want your home sale to succeed in today’s market, two elements are absolutely essential: 1) Pricing i
Nov 20, 20252 min read
Builder Confidence Is Weakening — And What That Means for Opportunities in the Illinois Market
Recent national reports show that homebuilder sentiment has dropped again, with the National Association of Home Builders (NAHB) Housing Market Index (HMI) sitting at 38 —well below the neutral benchmark of 50.This marks the 19th consecutive month that builder confidence has remained under neutral territory. According to analysts, several factors are contributing to this cautious outlook: Labor and contracting challenges Higher material costs Rising wages Uncertainty aroun
Nov 18, 20252 min read
The Housing Market Has Passed a Turning Point – Momentum Is Building Toward 2026
Many real estate analysts are now pointing to a clear shift: after several years of stagnation, the U.S. housing market is beginning to move again—and 2026 is expected to be a major inflection year .Falling mortgage rates, rising inventory, and the return of both buyers and sellers are all contributing to this shift.For Chicago and its surrounding suburbs, this moment may be especially important. 📉 Why the Market Is at a Turning Point 1. Mortgage rates are showing signs of
Nov 17, 20252 min read
🏡 Cook County Just Released a New Housing Market Data Tool—Here’s Why It Matters
Cook County Assessor’s Office has launched a new interactive Housing Market Tracker , covering home sale prices and transaction data from 2020 to 2024 .(Link: cookcountyassessoril.gov/cook-county-housing-market-tracker ) This tool includes data on single-family homes, condos, and small multifamily buildings (6 units or fewer) , allowing residents, homeowners, journalists, and policymakers to easily see how home values in their area have changed over the last four years. �
Nov 14, 20252 min read
🏡 Is an Extra $80 a Month Really Stopping You From Buying a Home?
It Might Actually Be Your Opportunity. Recently, many buyers have been asking: “If my monthly housing payment is about $80 more than rent, should I delay buying?” But experts agree: an $80 difference is not a reason to walk away from homeownership. With the right preparation and strategy, this small gap can be managed— and it may even be the perfect moment to buy. 💵 Why Is “$80 a Month” Getting So Much Attention? Many buyers hesitate when projected monthly mortgage costs a
Nov 13, 20252 min read
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