Chicago Housing: Affordability and Inventories

Chicago housing market update

The Spring home buying and selling season is nearly upon us. Punxsutawney Phil predicted an early Spring. Hope his weather radar is accurate!

Chicago remains a great place to live and to raise a family. Homes in Chicago are affordable, unlike many other big American cities, and life here gets more interesting every year.

Let's take a look at some of the recent housing industry statistics for Chicago real estate.

First Time Home Buyer? 9 Steps To Take Now

young woman walking dog on city street

Are you looking to purchase your first home?

Here are 9 steps to take to help you decide whether you're ready to make the move:

1. Check the selling prices of comparable homes in your desired area. Do a quick search of actual MLS listings in the area where you would like to live so you have an idea of what you can get for your money.