Author: Marina

High Demand, Declining Affordability

High Demand, Declining Affordability

TO FIND AN OPEN HOUSE IN GLENVIEW IL   NORTHBROOK IL OR  MORTON GROVE IL Image: Natara / Adobestock Buyers looking to enter the housing market are being hit with both rising mortgage rates and sustained price increases, which are both negatively impacting housing affordability. According to Lawrence Yun, National Association of Realtors’ (NAR) chief economist, some buyers “who… READ MORE