Royal Family Real Estate
Year over Year is the Best Comparison
When you are trying to evaluate the real estate market, it is best to look at the year over year comparison. Values go down in the fall...
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Real Estate Blog
Royal Family Real Estate
- Feb 1, 2023
January Closed Sales Down 46%
You would think that if we had a 46% reduction in closed sales that prices would be down as well. That is not the case given the issue of...
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Royal Family Real Estate
- Dec 29, 2022
Showing Activity Hit Its Annual Bottom.
As you can see in the graph (orange line is 2022), we have hit our annual low point in showing activity for the year. From now until...
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Royal Family Real Estate
- Nov 12, 2022
The crystal ball has been dusted off and here is what I see…
Before I get to my projection on Chicagoland home prices for 2023, let me first give a recap on 2022. We went from 3% (mortgage) interest...
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