Low housing inventory has been an ongoing issue in Illinois and nationally, and inventory has fallen even lower during the pandemic. What can we expect in terms of inventory in the months ahead, and how will it affect the housing market? Learn more in this quick, 3-minute video.
ROI with Geoffrey Hewings: Unemployment
Scott Moomaw2020-06-16T11:43:44-05:00How will unemployment levels impact the Illinois housing market and the greater economy? Geoffrey J.D. Hewings, director emeritus of the Regional Economics Applications Laboratory (REAL) at the University of Illinois, shares his predictions. Get the update in 3 short minutes.
ROI with Geoffrey Hewings: Market Outlook
Scott Moomaw2020-06-16T11:44:58-05:00In the short run, the COVID-19 outbreak will likely negatively affect homes sales—but only time will tell if the economy will affect average home prices which have had a positive, upward trend, says Geoffrey J.D. Hewings, director emeritus of the Regional Economics Applications Laboratory (REAL) at the University of Illinois. And what are the ripple effect on the economy? Get the forecast in 4 short minutes.
