Monday Mar 27, 2023
Illinois REALTORS® Weekly - Dr. Daniel McMillen’s latest housing assessment and forecast
On this week's episode of the Illinois REALTORS® Weekly Podcast, join Dr. Daniel McMillen, head of the Stuart Handler Department of Real Estate (SHDRE) at the University of Illinois at Chicago College of Business Administration, for a look at Illinois' spring housing market and his thoughts about a rebound from the winter downturn. In today's podcast, he discusses factors that encourage him, and he compares the current market to the pre-COVID market. Tune in and learn more about his assessment of mortgage interest rate fluctuations, recent bank failures, low inventory, inflation and consumer confidence, among other things.