Business

The Great Recession misled millennials: It made them think high home prices will eventually come down

History often repeats itself — but when it comes to the current housing market, don't hold your breath. If you were a homebuyer in the mid-2000s, today's hot market might look eerily familiar. Like many of your fellow Americans, you might be wondering when this housing cycle will come to a close and bring prices back down to earth. It won't be that simple this time around. That's because the US...

Where to Buy Now: City

NOTES: Median sale prices are for 2021. For Chicago neighborhoods, the data is for townhouses and condos in the encompassing community area. SOURCE: Midwest Real Estate Data $372,000 (sold), 6438 S. Woodlawn Ave., 3 bedrooms, 1,750 sq. ft.Photograph: Vis Home South Side WOODLAWN Median sale price: $235,500 Five-year change: 188% Bordered by Washington Park and the Midway Plaisance to the north...

2021 Real Estate Trends

2021 Real Estate Trends Real estate trends are always in flux. Here's what you need to know about the latest happenings. The housing market has been gaining strength in the last few years -- particularly during the COVID-19 pandemic. Home values soared, buyer demand jumped, and mortgage rates hit historic lows. And ultimately, it’s made housing one of the few bright spots during an otherwise...

How to invest in real estate

You can purchase buildings or land, or invest in REITs and crowdfunding platforms. There are several types of real estate investments, but most fall into two categories: Physical real estate investments like land, residential properties and commercial properties, and other modes of investing that don’t require owning physical property, such as REITs and crowdfunding platforms. Investing in...

Compare listings

Compare