Even as sales improve, rate cuts won’t paper over all of the issues that emerged during the past two years, leaving some types of properties primed for sales. Here are four things buyers and sellers can look for in the coming year.
Explore key trends in Chicago’s rental market from our January 2024 Rent Report. See how median rents are shifting.
The January 2024 Rent Report uncovers the latest in rent growth, market shifts, and vacancy rates. Discover essential market insights today!
The 2024 multifamily market is generating optimism, with the Federal Housing Finance Agency (FHFA), Federal Reserve, and Freddie Mac indicating a potential increase in transaction volume after a sluggish 2023.
Based on these changes, the index suggests that investors are paying slightly less per dollar of property income compared with one year ago
The United States faces a significant housing shortage, with a deficit of approximately 3.2 million homes. This shortfall, which represents about 2.5% of the total U.S. housing inventory as of 2022, is a major contributing factor to the sustained high prices in the housing market.