#1 Property Management Company in Chicago, IL. Chat with us!

kmrealtygroup.net

Foreclosures & Bankruptcies Won’t Crash the Housing Market

If you’ve been following the news recently, you might have seen articles about an increase in foreclosures and bankruptcies. That could make you feel uneasy, especially if you’re thinking about buying or selling a house. But the truth is, despite the numbers going up, the data shows the housing market isn’t headed for a crisis. Foreclosure Activity […]

Are More Homes Coming onto the Market?

An important factor shaping today’s market is the number of homes for sale. And, if you’re considering whether or not to list your house, that’s one of the biggest advantages you have right now. When housing inventory is this low, your house will stand out, especially if it’s priced right. But there are some early signs that more listings […]

Get Ready for Smaller, More Affordable Homes.

Have you been trying to buy a home, but higher mortgage rates and home prices limit your options? If so, here’s some good news – based on what Ali Wolf, Chief Economist at Zonda, has to say – smaller, more affordable homes are on the way: “Buyers should expect that over the next 12 to 24 months there will be a notable increase […]

How Inflation Affects the Housing Market.

Have you ever wondered how inflation impacts the housing market? Believe it or not, they’re connected. Whenever there are changes to one, both are affected. Here’s a high-level overview of the connection between the two. The Relationship Between Housing Inflation and Overall Inflation. Shelter inflation is the measure of price growth specific to housing. It comes from a survey of […]

Gen Z: The Next Generation Is Making Moves in the Housing Market

Generation Z (Gen Z) is eager to put down their own roots and achieve financial independence. As a result, they’re turning to homeownership. According to the latest Home Buyers and Sellers Generational Trends Report from the National Association of Realtors (NAR), 30% of Gen Z buyers transitioned straight from living under their parents’ roofs to owning their own homes.   […]

More Jobs and Better Pay Leads to More Buyer Demand.

There’s been talk about a recession for quite a while now. But the economy, and particularly the housing market, has been remarkably resilient. Why? One reason is employment and wages within the housing sector have stayed strong. Let’s delve into the latest information on each one and why both are good news if you’re considering […]

Why You Need a True Expert in Today’s Housing Market.

Today’s housing market continues to shift and change, and in a fast-moving landscape like we’re in right now, it’s more important than ever to have a trusted real estate agent on your side. Whether you’re buying your first home or selling once again, it’s mission-critical to work with an expert who can guide you through each […]