In a typical home sale, a buyer who discovers problems during inspection can negotiate a lower price, and the seller – motivated to keep the deal together – often agrees to meet somewhere in the middle. That expectation is so deeply ingrained that many buyers carry it straight into a bank-owned purchase, where it does ...
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Illinois Real Estate News,
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We interview the verified agents, lenders, and operators working Illinois, county by county, town by town, and report what they tell us first-hand.
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At KeyCrew Media, we conduct first-person research with hundreds of active real estate agents, lenders, and operators working markets across the country.
Latest Illinois Real Estate News
Home prices across Chicago’s western suburbs remain high enough that short-term investors cannot execute the buy-low half of a flip. With roughly one and a half months of single-family inventory across DuPage County, according to Debbie Pawlowicz, owner and designated managing broker at DPG Real Estate Agency in Lisle, Illinois, sellers have little reason to ...
First-time buyers in Chicago’s south suburbs face a problem patience alone cannot solve: the homes they want cost more than they can afford at today’s interest rates. Rather than settle for a smaller house or wait for rates to drop, a growing number are buying small multi-unit properties and letting a tenant cover part of ...
Plainfield, Illinois Is Caught Between Its First Wave of Aging Homes and Buyers Who Won't Touch Them
Plainfield, Illinois, about 40 minutes southwest of Chicago, spent the last two decades building itself into a family-oriented suburb with good schools, highway access, and prices well below neighboring Naperville. That growth phase worked. Families moved in, raised children, and put down roots. Now many of those original homeowners are entering retirement, and their homes ...
The Chicago metropolitan area has spent the past two years doing something its coastal counterparts have not: appreciating. While markets in New York and Los Angeles have undergone price corrections, according to Sean Zhu of Frog City Realty LLC, housing values across the Chicago region have continued climbing, a dynamic pulling both relocating families and ...
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There is a growing divide in the Florida Keys housing market, and it runs along a single fault line: whether a buyer needs a mortgage. Cash buyers – many of them retirees and business owners from out of state – are driving the market’s strongest numbers. Buyers who depend on financing face compounding costs that ...
Home buyers in the Jamestown, New York, area are running into an unexpected obstacle in 2026 – and it is not the home inspection. It is the appraisal. According to Heather Shea-Canaley, a licensed real estate agent with ERA Team VP Real Estate in the Jamestown and Chautauqua County area, appraisers have grown noticeably more ...
Most deals that fall apart in Maine do not collapse because of financing problems or appraisal gaps. They collapse at the negotiation table, usually over inspection disputes worth a few hundred dollars, according to Joshua Cousineau, an agent with Cousineau Real Estate whose team covers a corridor from Kennebunk to north of Bangor. That pattern ...
Austin's Luxury Market May Have Hit a Floor - but the Forces That Pushed Prices Down Haven't Cleared
After a period of declining values that followed Austin’s pandemic-era price surge, prices in the city’s luxury segment appear to have stopped falling. For buyers who have been waiting for a better deal, that changes the calculus – but the political and economic uncertainty that suppressed demand in the first place has not fully resolved, ...
Austin’s median home price has dropped roughly 10% – from around $499,000 to $450,000, according to Laura Blessing, team leader of Blessed Life Realty Group at Keller Williams Realty. But that number obscures what confuses sellers: why one home on a given street sells in a week with competing offers while the house three doors ...
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