Chicago Real Estate Market Update & Mortgage Rates Drop | Lincoln Park & Lakefront Homes

Описание: Chicago’s fall real estate market is heating up with record-low inventory, multiple offers, and an exciting shift in mortgage rates. In this week’s Monday Morning Coffee with Kyle & Ann, we’re joined by Carol Ann Boar of Key Mortgage to break down:

• The latest downtown Chicago housing stats
• Why homes in Lincoln Park, Lakeview, and Oak Park are still drawing multiple offers
• What dropping interest rates mean for your monthly payment
• How student loans and debt-to-income ratios impact mortgage approval
• Illinois down payment assistance programs still available for buyers
• Why now may be the best window to buy or refinance before rates shift again

Whether you’re buying, selling, relocating, or downsizing in Chicago, this episode gives you the inside scoop you won’t hear anywhere else.

00:00 – Welcome & Guest Introduction (Key Mortgage’s Carol Ann Boar)
01:20 – Chicago Lakefront Real Estate Market Stats (Sept Update)
02:50 – Low Inventory & Buyer Demand in Chicago Homes
04:05 – Why Private Listings Can Hurt Sellers in This Market
05:30 – Single-Family & Condo Prices at Record Highs
07:00 – Recession Fears and What They Mean for Buyers & Sellers
09:00 – Mortgage Applications Surge: Key Insights from Carol Ann
10:50 – Purchase Loans vs. Refinances in Today’s Market
12:15 – Interest Rate Drops and $250/Month Savings Explained
13:40 – Multiple Offers: Still Competitive, But Less Frenzied
15:20 – Hotspots: Lincoln Park, Oak Park & North Shore Market Trends
17:00 – Fannie Mae & Freddie Mac Future – What It Could Mean for Buyers
20:10 – Condo Financing Challenges & Regulation Changes
22:30 – Illinois Down Payment Assistance & IDA Loan Programs
24:10 – Why Buyers Should Lock Rates Now (Don’t Wait for Lower)
27:00 – Student Debt, Car Payments & Mortgage Approvals Explained
29:20 – Debt-to-Income Ratios: What Buyers Need to Know
30:00 – Final Advice: “Get Off the Couch – Now’s the Time!”

If you enjoyed this video, please consider subscribing and hitting the like button — new Chicago real estate tips and market updates every week.

📞 Ready to buy or sell in Chicago? Visit:
https://www.annerossley.com

For Everything Chicago, Ask Anne...
📩 [email protected]
📞 773-620-5333
🌐 annerossley.com

Anne Rossley is a top-producing real estate broker with Baird & Warner, serving luxury and historic home buyers and sellers in Chicago’s downtown neighborhoods — including the Loop, Gold Coast, Lincoln Park, River North, Streeterville, and West Loop. With 38+ years of experience and over $430M in lifetime sales, Anne specializes in relocation, downsizing, and full-service concierge marketing.

Follow Anne:
Facebook: facebook.com/annerossleyrealestate
Instagram: instagram.com/annerossley
Twitter: twitter.com/annerossley
Linkedin: Linkedin.com/in/annerossley