The Chicago Association of REALTORS®, the “Voice for Real Estate” in Chicago since 1883, represents over 17,000 members from all real estate specialties including commercial sales, development, property management, appraisal, auctions and residential sales.
What residential and commercial housing trends will emerge in 2015? We asked our expert panelists for their predictions in advance of our 2015 Market Outlook event for Chicago REALTORS® on Thursday, Jan. 15.
Here’s a sneak peek of what they will discuss at our event:
Jonathan Smoke Chief Economistrealtor.com®
• Gains in housing activity will be driven by the improving economic conditions, especially employment-related opportunities that will enable millennials, the largest generation in history for the U.S., to enter homeownership in more significant numbers.
Douglas JohnsonManaging DirectorCBRE Auction Services
• Foreign investors will continue to invest in U.S. real estate, making for a more competitive market.
David WolfPresidentRelated Realty
• New condo development will increase in pace and project size yet we are still about three years out from any large scale developments delivering new product in Chicago.
Register today to hear more of their insights.