Hello, this is Sang Han with Chicago Real Estate. Lately, we've been hearing that the housing market has slowed compared to the past few years. Inventory has increased, buyers have more choices, and some areas are seeing price adjustments. However, not every segment of the market is performing the same way. In fact, the luxury housing market continues to show much stronger performance than the broader market. According to a Keeping Current Matters report published on July 27,

What does a conflict in the Middle East have to do with buying a home in the Chicago area? At first glance, they may seem completely unrelated. However, geopolitical events can have a real impact on the U.S. housing market. Rising tensions in the Middle East can drive oil prices higher, which may fuel inflation, increase U.S. Treasury yields, and ultimately push mortgage rates upward. Mortgage Rates Are Rising Again According to Freddie Mac's July 23, 2026 report, the average

One of the most common things I hear from buyers today is: "The single-family homes I like are too expensive, and the homes within my budget aren't in the right location or need too much work." If that sounds familiar, it may be time to broaden your search—not by lowering your standards, but by considering a different type of home. For many first-time buyers, a condo or townhome can be a practical and financially smart way to begin building home equity. According to a Keeping

Is it stocks? Gold? Bonds? Or a savings account? When Americans are asked, “What do you think is the best long-term investment?” the most common answer has remained the same for 14 consecutive years: Real Estate. Even with today's higher mortgage rates and home prices, many people are wondering whether now is still the right time to buy. Yet one thing has remained remarkably consistent: Americans continue to view real estate as the most reliable long-term investment. A #1 Cho

This summer, the U.S. housing market feels very different from just a year or two ago. Not long ago, buyers had to rush to submit offers the moment a desirable home hit the market—often competing against multiple bidders. Today, however, inventory is growing, more sellers are adjusting their prices, and buyers are finally gaining more choices and negotiating power. According to Keeping Current Matters (July 20, 2026), rising inventory and increasing price reductions are creat

One of the biggest real estate headlines over the past week has been the rise in mortgage rates. As of mid-July 2026, the average 30-year fixed mortgage rate has climbed to approximately 6.55%, reaching its highest level in nearly a year. At the same time, new housing starts and building permits have declined, leading many people to wonder whether the housing market is slowing down again. According to Reuters and AP News (July 17, 2026), higher borrowing costs and ongoing eco