The Voice for Real Estate in Illinois

The Voice for Real Estate in Illinois

ROI

ROI with Geoffrey Hewings: Foreclosure

2020-06-16T11:36:13-05:00

Foreclosure inventory had steadily declined between 2012 and 2017, but in recent years has begun to climb again. What is causing the increase? And as the pandemic has prompted many Illinois homeowners to delay mortgage payments through forbearance, what will that mean for future foreclosure trends? Learn more in this quick 5-minute video.

ROI with Geoffrey Hewings: Population Trends

2020-06-16T11:37:22-05:00

Geoffrey J.D. Hewings, director emeritus of the Regional Economics Applications Laboratory (REAL) at the University of Illinois, talks about recent population trends in Illinois and whether the COVID-19 outbreak will have an impact on future migration. Get the update with this 4-minute video.

ROI with Geoffrey Hewings: Inventory

2020-06-16T11:43:16-05:00

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

2020-06-16T11:43:44-05:00

How 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

2020-06-16T11:44:58-05:00

In 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.

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