Chicago Real Estate News
Chicago
80 Million Americans to Hit the Road, Skies and Seas for 2024 Thanksgiving Holiday
AAA estimates that 79.9 million people will travel 50 miles or more from home during the Thanksgiving holiday period. For the first time, the forecast includes the Tuesday before and the Monday after Thanksgiving Day, offering a more comprehensive view of holiday travel patterns.
Home Buyers Negotiation Power Grows Amid Cooling U.S. Market
U.S. homebuyers are finding more leverage in negotiations nationwide as competition eased in October 2024. The company's market heat index shows that conditions are gradually shifting toward a buyer's market as activity slows heading into winter.
U.S. Mortgage Credit Availability Increased in October
According to the Mortgage Credit Availability Index (MCAI) report by the Mortgage Bankers Association, which analyzes data from ICE Mortgage Technology, U.S. mortgage credit availability increased in October 2024.
Tech, AI Industries Drive Largest Share of Office Leasing Activity in U.S.
CBRE's latest Tech-30 report shows that the tech industry boosted its share of U.S. office leasing to 18% in the first three quarters of this year, partly fueled by companies involved in artificial intelligence (AI).
Chicago Property News
One in Five Americans Had a Political Disagreement with a Neighbor in 2024
Posted on October 25, 2024
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