Last August when we started seeing a slowdown in the market and a rise in interest rates. Currently, rates are are in the 7% range. Last year at this time, rates were hovering around 4.99% Why does this matter? With our August numbers out, it shows that there are …

July 2023 Housing Update

July was a hot month! Homes are still moving and quickly, even with the higher interest rates. While homes are moving quickly, they aren't moving quickly unless they are priced properly; and neighborhood, schools and location are all important factors in the home buying decision …

June 2023 Housing Update

June stats are in and the market is still showing signs of low inventory and higher sales prices.  New listings are down and this first part of July is typically the slowest week of the year due to the 4th of July holiday and summer …

March 2023 Housing Update 

The numbers for March are no lie!  A shortage of inventory is keeping home prices up, while the number of homes for sale continue to decrease.  Boomers are now making up the largest percentage of transactions by downsizing and paying cash or purchasing a …

February 2023 Housing Update 

The number are in for February and both Tinley and Orland are stable from last month and are up anywhere from 8.9% to 13.5% from last year at this time. However, our supply has also remained flat. This is due to a number of …

The January numbers are in and 3 very interesting things stand out:

1.  Buyers are re-entering the market

2. We still have an unbalanced supply of homes.

3. Market time of homes has increased.

What does this mean overall?  It means that there are fewer but more serious …

Housing numbers remained relatively flat from last month, but year over year, all markets are up over 25-45%! Can you guess which had the biggest gain? How does this differ from the headlines we are reading? Tag me📍, email📧 , text or call📱 me! I'd love to talk to you …

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Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood …