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...
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...
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...