A 13.3% jump in Chicago’s median home price—to $425,000—has put a spotlight on just how tight our local housing supply has become. After years of working with Naperville-area buyers and sellers, I’ve seen firsthand how limited inventory can shape every stage of the real estate journey, from upsizing to downsizing or taking that first leap. One big reason for today’s market squeeze? New construction simply isn’t keeping pace; it would need to triple to satisfy current demand. Outdated building codes, slow permits, and infrastructure hurdles continue to slow things down. There’s talk of reforms to encourage more affordable middle housing—changes that could bring some relief to families searching for options. In the meantime, navigating this environment takes extra patience and a clear-eyed approach, something I’ve always prioritized for my clients.
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