Daniel Hengelmann
banner
dhengelmann.bsky.social
Daniel Hengelmann
@dhengelmann.bsky.social
6 followers 2 following 21 posts
Licensed Illinois Real Estate Broker with Kale Realty. Reach out if you are looking to buy, sell or rent! License #475.148158
Posts Media Videos Starter Packs
Per NAR Research, This August, existing-home sales remained relatively unchanged, following a long period of sluggish sales due to elevated mortgage rates and limited affordable inventory. bit.ly/41PIXqg
Residential Real Estate Market Snapshot
This monthly report provides insight into the economic indicators that affect the housing market, such as interest rates, mortgage rates, employment, and inflation, among others.
bit.ly
Reposted by Daniel Hengelmann
October is why.

(Narrated by Anthony Rizzo)
Per MRED: Big spike in new residential listings. Last week saw 5,634 new listings in MRED's residential marketplace, the largest total in a week since August of 2024. That spike marked a 13% week-over-week increase to go along with a 9% year-over-year jump.
A total of 1,890 homes closed in Chicagoland last week. That end-of-month bump was a 56% week-over-week increase as well as the largest weekly total since mid-December. The jump wasn't enough to match pace with last year's total, however, as closed listings were down 21% year-over-year (Source MRED)
Click the link below to view my March Newsletter. There is a link to subscribe there as well. Enjoy!
Welcome to March!
mailchi.mp