Trends

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Seeing 2020: Real estate predictions from the experts

As the decade comes to a close, we’re looking ahead. We reached out to a handful of insightful real estate leaders to get their thoughts on what the next ten years might look like, and what industry professionals need to do to get ready.

A roundup of real estate predictions reports

This time of year, there are so many organizations, economists and experts offering their thoughts on what’s to come in the next year that it’s hard to keep up. Here’s a quick look at what we’ve gleaned so far.

Real estate myths exposed

Just because something is repeated over and over again doesn’t make it true. Here’s are a few ideas that Chicagoland real estate experts wish they could finally put to rest in 2020.

Determining the future of Chicagoland: Consumer confidence, investment and ‘hipsturbias’

The Urban Land Institute’s Emerging Trends in Real Estate report offers a forecast of what municipalities have going for them, and where possible threats lurk in the near future. See what they have to say about Chicagoland.

How the rent vs. buy calculation has changed in Chicagoland

Looking at real estate data over the last decade, some clear trends emerge in terms of costs, demographics and housing stock. See how this has impacted the market in the Chicago area.

Where are Illinois residents relocating to?

While Chicagoland appears to be attracting residents fleeing the Golden State, migration patterns are still leaving us with fewer residents overall.

Flip or flop? Profits are down, according to a new report

The days of a quick flip and big profit seems to be a thing of the past, according to a new report.

8 design trends buyers will be looking for in 2020

As many are predicting the market to favor buyers more in the coming year, listing agents can help sellers prepare by ensuring their homes are in line with the latest looks.

Do your clients understand the real cost of homeownership? New polls suggest they don’t

Two new studies point to the fact that many buyers don’t have a complete picture of what it costs to buy and own a home.

NAR predicts slower price gains in 2020

The association brought together a group of economists to provide a forecast of the market, and the consensus is that housing construction shortages will continue into next year.

3 trends that millennials will bring to the market in 2020

In its predictions for 2020, Zillow revealed a few ways in which Gen Y might impact housing in the near future.

Chicago ranked internationally as a top smart city

Learn where Chicago is doing a particularly good job in technological advancement, and how this investment can pay off in the local economy.

Is Chicagoland safe? It’s complicated.

A new study purports to reveal the safest cities in America.

Chicago ranks 2nd in share of residential skyscrapers in U.S.

A new study shows that high-rise buildings aren’t just for worker bees anymore.

Chicagoland home prices up in September, though far below national trend

The rebound could mean an accelerating market nationwide.

The boomers are coming: Here’s what’s on their homebuying list

Some builders are saying “OK, boomer: What do you want in a house?” Here are some of the top amenities this demographic may be searching for.

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