Chicago Three Bedroom Rents Jumped 10 Percent and the Gap Between Renting and Buying Is Now Just 152 Dollars

Chicago Three Bedroom Rents Jumped 10 Percent and the Gap Between Renting and Buying Is Now Just 152 Dollars

Owning vs renting gap narrowed to $152 in Chicago. Mike Ruffalo explains why renter clients should act now. ...more

Mortgage

September 14, 20262 min read

Chicago's Central Area Plan 2045 Has 250 Policy Proposals and Here Is What It Means for Buyers Now

Chicago's Central Area Plan 2045 Has 250 Policy Proposals and Here Is What It Means for Buyers Now

New CTA stations, district growth, 20-year plan approved. Mike Ruffalo explains how to position buyers ahead of it. ...more

Mortgage

August 26, 20263 min read

Chicago Home Prices Are Rising Because Supply Can’t Keep Up

Chicago Home Prices Are Rising Because Supply Can’t Keep Up

Chicago home prices are rising as inventory falls and new construction lags demand. ...more

Mortgage

August 25, 20263 min read

New Yorkers Are Moving to Chicago More Than Anywhere Else and Here Is What That Means for the Market

New Yorkers Are Moving to Chicago More Than Anywhere Else and Here Is What That Means for the Market

Chicago tops 2026 migration rankings, prices up 5.6%. Mike Ruffalo explains why the Chicago narrative has changed. ...more

Mortgage

August 19, 20263 min read

A 600000 Dollar Budget Buys a Three Bedroom in Lincoln Park and a Studio in San Francisco Here Is Why

A 600000 Dollar Budget Buys a Three Bedroom in Lincoln Park and a Studio in San Francisco Here Is Why

Chicago median $420K vs SF $1.4M. Mike Ruffalo explains Chicago's massive value advantage for coastal buyers. ...more

Mortgage

August 18, 20263 min read

Chicago Office to Residential Conversions Are Expanding Fast and Here Is What It Means for Buyers Now

Chicago Office to Residential Conversions Are Expanding Fast and Here Is What It Means for Buyers Now

207 units at YMCA HQ, $16M loan on Ontario St. Mike Ruffalo explains what Chicago's conversion wave means now. ...more

Mortgage

August 14, 20263 min read

Wicker Park and Bucktown Have Fully Transitioned to Luxury and Here Is What That Means for Buyers

Wicker Park and Bucktown Have Fully Transitioned to Luxury and Here Is What That Means for Buyers

Median $625K, stable appreciation, Blue Line access. Mike Ruffalo explains the Wicker Park Bucktown shift. ...more

Mortgage

August 06, 20262 min read

Chicagoland Inventory Dropped 7.8 Percent While Prices Rose and Here Is What That Means Right Now

Chicagoland Inventory Dropped 7.8 Percent While Prices Rose and Here Is What That Means Right Now

Active listings down 7.8%, median price up 3.8% in June. Mike Ruffalo breaks down the Chicagoland squeeze. ...more

Mortgage

August 03, 20263 min read

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IL — Illinois Residential Mortgage Licensee#MB.0006392 – Regulator: Department of Financial and Professional Regulation, Division of Banking, Bureau of Residential Finance - 555 W Monroe Street,5th Floor, Chicago, IL 60661.General Inquiries: 1-888-473-4858 TYY: 1-866-325-4949.Website: www.idfpr.com. State of Illinois Community Reinvestment Notice - The Department of Financial and Professional Regulation (Department) evaluates our performance in meeting the financial services needs of this community, including the needs of low-income to moderate-income households. The Department takes this evaluation into account when deciding on certain applications submitted by us for approval by the Department. Your involvement is encouraged. You may obtain a copy of our evaluation. You may also submit signed, written comments about our performance in meeting community financial services needs to the Department. Regulator: Illinois Department of Financial and Professional Regulation Division of Banking, Bureau of Residential Finance 555 W. Monroe Street, 5th Floor. Chicago, IL 60661 General Inquiries: 1-888-473-4858 TYY: 1-866-325-4949 Website:www.idfpr.com

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