The Real Estate Market Continues To Strengthen

Dated: 06/25/2020

Views: 93

Image title


We wanted to share the below chart showing the strong open house activity we are currently seeing across the country. Open house activity allows us to gain insight into what we can expect the market will look like in the coming months, whereas sold or under contract activity reflects what has already occurred.

This data reflects a delayed spring market coupled with increased consumer confidence, most likely a result of record-low 30-year mortgage interest rates. This means we can expect an uptick in motivated buyers and a heightened need for inventory throughout the summer months. If you’re interested in talking through how the market is moving in your neighborhood, don’t hesitate to reach out! 

Hope you are enjoying your summer!

Click here for an Instant Market Report on Your Home

Stay well, 

Julie & Chris

Image title

Blog author image

Julie Chesne

My goal has always been to enhance my clients’ quality of life, as well as their economic well-being, through my 25+ years of experience, superior service and dedication. My mission is to develop a ....

Latest Blog Posts

COMPASS CONCIERGE Our Picks For The Best Colors When Selling Your Home

When selling, it is best to position your home to appeal to the largest pool of buyers.Paint color plays a big part in that. Some buyers aren't looking for a project when they move in or struggle

Read More

FEATURED LISTING 70 W Huron St Unit 2610 Chicago IL

Check out this Special Studio Unit steps from the Magnificent Mile!70 West Huron Street, Unit 2610 |  Chicago, ILStudio | 1 BathWalkers paradise! Beautiful sunny extra large studio with a

Read More


Come kick off the cooler weather by visiting one of our open houses this weekend.Can't make the Open House?Call me for a private showing or to set up a search for a home you will love - (773)

Read More

Key Trends Showing Future Real Estate Demand

Our Founder & CEO Robert Reffkin recently joined CNBC’s Squawk Box to discuss the strength of the real estate market and the key indicators of future demand. The pandemic has changed the way we

Read More