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Agents in Illinois grapple with the state’s housing inventory shortage

Housing Wire

In downtown Chicago, with the high rises, it’s a buyer’s market — maybe the biggest buyer’s market in history if it’s a luxury property. “In We have a lack of inventory, like a lot of communities, and it goes back to around 2019,” Van Cleve said. And when I checked earlier this week, we had about 500.”

Inventory 468
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SEATTLE ‘WALKING’ TOWARDS URBAN CONNECTEDNESS

Will Springer Realtor

It has been discussed in this newsletter the sharp decline in Seattle office occupancy; most recent stats show weekday worker foot traffic in downtown at 55% of July 2019 traffic, a figure that will likely increase – but by how much more? The few homes that are available are selling quickly and at or above list price.”

Sellers 36
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TRACKING THE SINGLE HOUSEHOLD AND OTHER LIFESTYLE CHOICES

Will Springer Realtor

The figure is a 20% jump from 2019 and represents 43% of all city households, the sixth-highest total in the nation. BY THE NUMBERS >> Seattle jumped five notches between 2019 and 2022 among big U.S. of resold properties. >> property on a just-shy, 0.2-acre Built in 2019, the home includes 7.25