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Where people in Chicago are looking to buy homes
Home prices are largely starting to normalize across the country, but remain high even as more homes come to the market.
Record-high mortgage rates are keeping homes largely unaffordable for most buyers. Even a percentage point increase can increase a monthly mortgage payment by more than $100. That’s causing potential homeowners to expand their searches outside costly urban cores, especially when they can work from home.
Stacker examined data from Realtor.com’s Cross-Market Demand Report to see where people in Chicago are looking to buy homes. View share is based on page views of active listings during the second quarter of 2024 on Realtor.com. It does not include international viewers.
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#10. Memphis, TN
– 1.5% of views
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#9. New Orleans, LA
– 1.5% of views