July, 2019 Chicagoland Housing Market Update The Real Estate Podcast with Eric Andersen

💵 Strong appreciation in national values in 2019 (5.41% in our region)

📈 Forecasts project a national increase of 5.6% going forward

🏦 Low rates & low inventory translate to high demand and rising home values

﹪ Interest rates are at 3-year lows, which is great news for both sellers and buyers

📉 In the Chicagoland area, supply has decreased by about 8,000 homes over the past 3 years

🌟 During that same time, prices have increased about $35,000

🏙 Market time has also decreased and is sitting just below 80 days

🌟Tips for buyers and sellers at the end! As always, contact us for a smarter approach to real estate! 👍

Eric Andersen (708) 674-6725 call/text
eric@eandersenhomes.com
www.ericandersenhomes.com