It’s been a wild ride for real estate professionals over the last year and a half, and while there have been nuances to the dramatic price increases and housing supply shortages in Chicago and its suburbs, it’s safe to say that no matter which part of the residential real estate market you focus on, you’re probably doing pretty well.
Our August issue highlights some of the finer points of the market, with top agents across Chicagoland offering their take on how things have changed in our semi-post pandemic environment. In this month’s cover story, we get an inside look at how agents are coping with high-stakes bidding wars, upgrade buyers and why some clients are still waiting to get into the market.
In our news section, we feature a new study that shows that investor real estate homebuyers are reentering the Chicagoland market in a major way, and our Real Issues feature by Jon Gorey explores the sometimes controversial practice of dual agency, where brokers represent both the buyer and seller in a deal.
Looking to put yourself ahead of the pack by becoming a local market expert? Chicago broker and tech aficionado Anne Ewasko reviews an app that will get you started. We also hear from National Association of Hispanic Real Estate Professionals President Sara Rodriguez on the obstacles and solutions to Hispanic homeownership.
Do you have a story to tell about the market? We want to hear it… and any other trends you’re seeing. Contact us at [email protected].