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summer 2025 real estate market outlook

As we head into Summer 2025, the real estate market continues to evolve. After a period of rapid appreciation and limited inventory, we're seeing signs of a more balanced, yet still competitive, market. For both buyers and sellers, understanding these evolving trends is crucial to making informed and successful decisions.

1. mortgage rates: holding steady

While we won't be returning to the historically low rates seen during the pandemic, the dramatic swings of the past few years seem to be settling. Experts predict the 30-year fixed-rate mortgage will largely hover in the mid-6% range.

2. homes for sale: a slow climb for more choices

Good news for buyers in Illinois: the number of homes for sale is…

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