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Home > Market Reports

The Complete Chicago Short Sale Guide

April 4, 2025 by Timothy Hellstern Leave a Comment

Chicago Short Sale Guide

Chicago Short Sale Guide: What Buyers and Sellers Should Know in 2025 Navigating a short sale in Chicago can feel overwhelming for agents, homeowners, and prospective buyers alike. However, with the correct information and support, it can become a powerful opportunity for Continue Reading

Fannie Mae Cancels First Time Homebuyer Programs In 2025

March 26, 2025 by Timothy Hellstern Leave a Comment

Fannie Mae Cancels First Time Homebuyer Program

Fannie Mae Cancels First Time Homebuyer Program: Special Purpose Credit Programs Canceled Fannie Mae's decision to cancel its Special Purpose Credit Programs (SPCPs), which support First-Time Homebuyer initiatives, has sent ripples across the real estate world. As of March Continue Reading

Chicago Development Updates & New Construction to Watch in 2025

January 9, 2025 by Timothy Hellstern Leave a Comment

These Major Developments Are Shaping Chicago's Future Chicago’s skyline is a living, breathing creature - always changing and adapting and is a living testament to the growth and innovation it provides. 2025 is shaping up to be another transformative year for Chicago's Continue Reading

State of the Market: Chicago September 2024 Updates

September 19, 2024 by Timothy Hellstern Leave a Comment

What’s Happening: Chicago Single-Family Housing Market Highlights Average Home Sold Price: $355,000 Homes for Sale: 5,307 Closed Sales: 2,105 Under Contract: 1,780 Average Days on the Market: 54 days Listing to Contract: 27 days Price per SqFt: Continue Reading

NAR Settlement Updates: 2024 Real Estate Commission Changes

March 22, 2024 by Timothy Hellstern Leave a Comment

2024 nar settlement

2024 NAR Settlement Updates In a groundbreaking decision that's stirring up the real estate world, the National Association of Realtors (NAR) has reached a landmark settlement, that will change the dynamics of real estate agent compensation nationwide. For decades, sellers Continue Reading

Chicago’s Commercial Real Estate Foreclosure Crisis

October 19, 2023 by Timothy Hellstern 1 Comment

  Are We Facing A Commercial Real Estate Foreclosure Crisis? In recent months, as reports of commercial foreclosure have been on the rise, the question on every investor's mind is whether the time is right to explore commercial real estate investments. Navigating the Continue Reading

Q2 2023 Market Update: An Insider’s Guide To Chicago Real Estate Trends 

July 19, 2023 by Timothy Hellstern Leave a Comment

Q2 2023 Market Update The Chicago real estate market has been on a roller coaster ride over the past few years. After a period of rapid growth in 2020 and 2021, the market has cooled off somewhat in 2022. Although growth has slowed, the past 2 quarters have been relatively Continue Reading

Pearson Realty Group 2022 Chicago Top Producer Team

February 3, 2023 by Timothy Hellstern Leave a Comment

Pearson Realty Group Awarded Chicago 2022 Top Producer Team Every year the Chicago Association of Realtors (CAR) looks at local market data to determine the top-producing real estate teams in the Chicago market. Considering the Chicago & Cook Country real estate Continue Reading

CAR 2022 Market Outlook Highlights & Summary

January 21, 2022 by Timothy Hellstern Leave a Comment

Chicago Association of Realtors Market Outlook 2022: Highlights & Summary The Chicago Association of Realtors has come together for another "State of the Union" for the Chicago real estate market. A handful of industry experts from all over Chicago gave a fantastic Continue Reading

Interest Rate Predictions with former Bond Broker, Kirby Pearson

November 8, 2021 by Christina Guerrero Leave a Comment

The predictability of interest rates is one of the most common questions asked about in real estate today. Fluctuation in interest rates is directly related to home buying power and therefore sales prices. We sat down with Pearson Realty Group‘s Kirby Pearson, former Continue Reading

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