On Wednesday, March 14, 2018, the American Mortgage Diversity Council (AMDC), in partnership with Federal Home Loan Bank (FHLB) of Chicago, hosted a town hall discussion with leaders from the ...
Read More »Chicago Town Hall Tackles Diversity With Mortgage & LGBT Leaders
In spite of many advances made, LGBT individuals continue to face discrimination in many sectors of modern life, and that includes the worlds of finance and housing. LGBT ...
Read More »Steep Price Jumps Can’t Keep Buyers Down
The ever-climbing housing prices don’t seem to be holding buyers back. In fact, according to recent data, three of the nation’s biggest cities—Baltimore, Chicago, and Washington, D.C.—are all seeing steep sales inclines over the year. New data shows sales volume in Baltimore is up 10.2 percent since last May—a jump of more than $1.2 billion. In Washington, D.C., volume’s up 7 percent over the year, or $3.1 billion, and in Chicago, sales transactions rose 6.2 percent for the year. Days-on-market is another stat that has steep increase as of late. In Chicago, it fell from 87 to 77 over the year, while in Baltimore and D.C., it dropped to 19 and 10 days. Baltimore’s 19 days-on-market is the lowest monthly level the city’s seen in 10 years.
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