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Happy Holidays to You!
There is no better time to express how much I appreciate you and our continued relationship, so in your honor, a donation was made to the Chicago Food Bank charity. I’m always genuinely excited for an opportunity to work for you, your friends and family. Wishing you a holiday season filled with love, joy, and warmth (and extra equity!) Warmest wishes, — Chicagoland: expect a higher volume of sales of existing homes and condos in 2024. In the past few weeks, average long-term mortgage rates dropped below 7%, its lowest since August, welcome news to people who have been reluctant to buy a new home because of the high cost of borrowing. The Chicagoland area saw a sharp decline in the number of home sales due to the increase in rates, that also kept a lot of sellers from listing for sale. Interest rate cuts are expected soon – the Fed chair said they’re expecting up to three cuts next year, and that’s going to do a lot for the real estate market. It will make owning a home less expensive. The idea of a soft landing looks to be successful so far. |
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Local Stories
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Real Estate Updates | Area Reports | November 2023
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Newsletter •
December 29, 2023