Watch for a resurgence toward city living and more first-time buyers entering the market say Illinois REALTORS® President-elect Matt Silver and Treasurer Tommy Choi in a recent article for Axios Chicago.
The article looked at trends to watch for this year in the Chicago market.
Silver, a partner and senior broker with Corcoran Urban Real Estate, said “more favorable and level interest rates will help normalize the market.” Choi, co-founder and owner of Weinberg Choi Residential at Keller Williams ONEChicago, said “pent-up demand among first-time will activate in the first quarter.”