HBA Realty

https://chicagobuyeragents.com/mortgage-rates-drop-to-the-5s-what-it-means-for-you/

Mortgage Rates Drop to the 5s: What It Means for You - The Home Buyer Agents of Chicago Mortgage rates have steadily declined over the past few months,with the 30-year mortgage rate falling by more than 1.0% sinceApril 2024, bringing rates to their lowest levels since February 2023.

Click to learn about current Chicagoland real estate market and to acess neighborhood reports for detailed info on your area.

Rare Two-Fisted Punch Smacks Chicago Real Estate Market - The Home Buyer Agents of Chicago Rising prices and interest rates made Chicago homes less affordable in March than they’ve beenat any time in the past 17 years, and probably longer.

See what market will do in 2024 and how your individual town or area is faring right now.

Its All About The Rates Baby: 2024 Chicago Housing Outlook - The Home Buyer Agents of Chicago Experts agree that the 2024 Chicago real estate market will improve if mortgage interest rates continue to fall. We would shift from a seller’s market to a more “balanced” market of 6-8 months of inventory. This will mean more sales, which are down a mind-boggling 37% from the pre-Covid years ...

https://chicagobuyeragents.com/chicagos-home-price-growth-1-in-among-major-u-s-cities/

Chicago’s Home Price Growth #1 In Among Major U.S. Cities - The Home Buyer Agents of Chicago For the third month in a row, home prices grew faster in the Chicago area than in any other majorU.S. metro area, according to new data from the S&P CoreLogic Case-Shiller Indices releasedthis morning. Chicago-area single-family home values rose 4.4% in July compared with the sametime last year.

https://chicagobuyeragents.com/chicagoland-home-prices-reach-record-highs-heres-what-you-need-to-know/

Chicagoland Home Prices Reach Record Highs: Here's What You Need to Know - The Home Buyer Agents of Chicago The disparity between Chicago and metro-area price movement continues this year’s marked trend of the housing market showing far more vigor in the suburbs than in the city

The reports are out, and the market is wild! This month we take a close look at Lincoln Park.

Buying Chicago Northside Condos Not For Feint of Heart: Be Prepared For Wild Ride - The Home Buyer Agents of Chicago Nothing in my 23 years of real estate would have prepared me for what has happened this year. We truly are in the Wild Wild West when it comes to Chicago real estate. In this article I put Lincoln Park under the microscope.

https://chicagobuyeragents.com/boom-years-officially-over-as-chicago-real-estate-prices-finally-fall/
Depends on where you live, some areas still bonkers like condos on Northside of Chicago.

Boom Years Officially Over As Chicago Real Estate Prices Finally Fall - The Home Buyer Agents of Chicago According to new data released by the Illinois Realtors, home prices in the Chicago area dropped in April for the first time in over 12 years.

Latest reports are out!

Chicago Real Estate Report: Chicago Buyers Gobble Up Condos But Home Sales Suffer - The Home Buyer Agents of Chicago Single family prices in Chicago dropped five consecutive months, while prices have stayed flat for the metropolitan area. Condo prices in Chicago continued to rise with multiple bids on many homes.

https://chicagobuyeragents.com/chicago-housing-before-and-after-the-covid-boom-and-bust/

Chicago Housing: Before and After the Covid Boom and Bust - The Home Buyer Agents of Chicago This week marks the 3rd anniversary of the Covid shutdown. Let's look at what happened to the Chicago housing market in that time.