In a market like we’ve seen over the last year, who would dare predict what lies ahead in 2023? While most of us ride the economic wave with all of its twists and turns, it’s the industry professionals in leadership positions who have to anticipate what’s next, when that change will take place and how best to adapt and thrive.
That’s why we’ve drawn from the expertise of some of the top minds in the market to hear how they’re preparing for the next 12 months. The big question on everyone’s mind is whether the wild fluctuations in interest rates will begin to even out, but what else is keeping these executives up at night?
In our annual questionnaire, we hear from managing brokers, mortgage lenders, developers and more to get their prognostications on everything from what’s hot in the market to how prices, inventory and a myriad other factors shape their vision of the future.
Our panel of experts includes:
Vice President and Mortgage Production Manager, Regions Bank
CEO and License Partner, Engel & Völkers Chicago
Branch Manager, Union Home Mortgage
Executive Vice President of Sales and Marketing, Belgravia Group
Regional Vice President-Midwest North, Compass
Executive Director of Capital Markets, Guaranteed Rate
Chief Mortgage Officer, GreenState Credit Union
Executive Director, Senior Lending Manager for Illinois and Wisconsin, JPMorgan Chase & Co.
Senior Vice President of Residential Sales, Baird & Warner
COO, Executive Vice President, Designated Managing Broker – City Offices, Jameson Sotheby’s International Realty
President, Berkshire Hathaway HomeServices Chicago
Senior Vice President, Director of Sales, Key Mortgage Services
President, Coldwell Banker Realty, Central West Region
Regional/State Managing Broker, eXp Realty Illinois
Senior Vice President – Capital Markets, Wintrust
Executive General Manager of Development, Lendlease Chicago
President, Wolf Development Strategies
Thad Wong, Co-Founder and Co-CEO, @properties
Click the categories below to read what our real estate experts predict for 2023