What’s Causing Today’s Competitive Real Estate Market?

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What's Causing Today's Competitive Real Estate Market | Real Estate Updates.

Some Highlights

  • Today’s strong seller’s market is the direct result of high demand and low supply, causing a highly competitive environment for buyers.

  • Low mortgage rates and generational trends have created an increased demand for homes. Meanwhile, the slower pace of new home construction and homeowners staying in their homes longer have both led to today’s low supply.

If you’re thinking of selling in Chicago, let’s connect with real estate professionals in Chicago at KM Realty Group LLC to talk about our local area and how you can take advantage of today’s housing market.