What does the future hold for the real estate industry?

The rollercoaster that the housing market has experienced in recent years makes it even more difficult to know what the coming year will bring. We’ve been in a down market for so long that many Chicago realtors can’t even remember a time when things were stable.

Will interest rates continue to rise? That is the big question. What about house prices? Will first time home buyers get a break in 2023? What keeps brokers, lenders and builders awake? Once again, we’ve assembled our annual panel of experts to read the tea leaves and tell us what they see.

We have industry leaders from @properties, Baird & Warner, Belgravia Group, Berkshire Hathaway HomeServices Chicago, Coldwell Banker, Compass, Engel & Völkers Chicago, eXp, Guaranteed Rate, GreenState Credit Union, Jameson Sotheby’s International Realty, JPMorgan Chase & Co., Key Mortgage Services, Lendlease, Regions Bank, Wintrust, and Wolf Development Strategies.

We’re linking up this month’s Association News column with a post from Heartland REALTOR® Organization CEO Jim Haisler, who provides insight into how associations are helping, often behind the scenes, to build a stronger industry. and make life easier for runners.

Buffini & Company joins us this month as a guest author of our Top Coach column with a series of tips on how to succeed in a “pro market.” The changing market calls for brokers to improve their skills in guiding clients through the rapidly changing market.

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