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Real Estate

Don’t Believe Everything You Read, Chicago’s Real Estate Market

There are a lot of questions right now regarding the real estate market as we head into 2022. The forbearance program is coming to an end and mortgage rates are beginning to rise.

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With all of this uncertainty, anyone with a megaphone – from the mainstream media to a lone blogger – has realized that bad news sells. Unfortunately, we’ll continue to see a rash of troublesome headlines over the next few months. To make sure you aren’t paralyzed by a headline, turn to reliable resources for a look at what to expect from the housing market next year.

There are already alarmist headlines starting to appear. Here are two recent topics you may have seen in the news.

✔️ Foreclosures Are Spiking Today

✔️ 2. Rising Mortgage Rates Will Slow the Housing Market

There’s a lot of misinformation out there. If you want the best advice on what’s happening in the current housing market, read KM Realty Group Chicago’s complete blog.