Tag: Chicago
The Downtown Apartment Market Will Return
After a year of slowdown, the downtown apartment market is finally showing signs of return. Rental prices are going back up, as is the demand for apartments. How the Apartment Market Changed in the Last Year The last year saw an increase in rental vacancies, with downtown Chicago’s overall apartment occupancy having reached a … Continue
Chicago Foreclosures: Present and Future
Currently, the state of the housing market in Chicago is positive, with few foreclosures. However, since the start of the pandemic, many businesses have closed and employees have experienced job loss. This may leave many wondering what the future of the real estate market will hold. It’s important to find facts about foreclosure rates in … Continue
Selling High-End Homes in Chicago
Over the last few years, and more recently since the beginning of the pandemic, high-end home buyers have had a shift in both their demographics and their wish lists. First of all, the demographics of the buyers themselves are changing—the millennial generation is beginning to increase their presence in the luxury home market as well … Continue
Coronavirus and Chicagoland Real Estate Investment
Throughout the state of Illinois, including the Chicago metropolitan area, residents are slowly reopening the doors of their non-essential businesses and attempting to resume work in the midst of COVID-19 health precautions. However, as many other states haven’t been as slow to reopen, they are seeing resurgences in the virus and are reinstating stricter rules. … Continue