Posts by Liz Hughes

Tour Santa’s home, workshop on Zillow

“Santa gets a peek into millions of homes each year. Now, millions of Zillow surfers are getting a peek into one of the most famous homes in the world,” Amanda Pendleton, Zillow's home trends expert....

December brings a record increase in housing supply

Homes are lingering on the market longer, up 15% from last year during the four weeks ended Dec. 4, marking the largest uptick in home supply since...

Declining mortgage rates boost homebuyer demand

Homebuyer demand is rising as mortgage rates continue to decline, according to a new Redfin report....

Mortgage applications rise as home supply sees record increases

That wasn’t the only good news as the end of the month neared....

Pending home sales drop 32.1% in October, the steepest year-over-year decline in nine years

If inflation continues to cool, the historic slowdown could...

When’s the best time to get a deal on a home in Chicago?

Mid-week price cuts offer the most bargains in today’s...

Home-price growth slows as early-stage demand levels off

It's not the only metric decelerating in today’s market. Inflation is also starting to slow which is helping bring down mortgage rates....

Market changes put buyers in the driver’s seat

From dropping home prices, increased inventory and homes staying on the market longer, today’s buyers should look at the upside to what the market means for their...

Homebuyer demand stabilizes as mortgage rates dip

Homebuyer demand is starting to stabilize as October home sales posted the largest decline since 2015, according to a new report....

Homes staying on the market longer, sellers feeling the pressure

The median age of inventory in Chicago is 57 days, down from 81 before the pandemic...

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