Annette Shelton - Chicago Real Estate Expert - Dream Town Real Estate

Annette Shelton - Chicago Real Estate Expert - Dream Town Real Estate If you're buying, selling, investing, renting or just need Real Estate information, you need an expert that can help. I’m here to help you.

09/28/2026

U.S. Housing Affordability Hits a Breaking Point
Navigating the housing market in 2026 has become increasingly challenging for many, as affordability reaches new limits nationwide. Recent data shows existing home sales remain sluggish, while new-home sales are steady and rental retention is on the rise. With median prices for both new and existing homes now over $400K and mortgage rates holding above 6%, the cost of buying a home has put real pressure on prospective buyers. Payments for a median-priced home in late 2025 were projected around $3,100 per month, requiring an income of more than $120,000—a steep climb compared to just a few years ago. Since 2020, existing-home prices have grown to nearly five times the median income. Meanwhile, affordable rental options have become even scarcer, with 7 million fewer units renting for under $1,000 and 11 million lowest-income renters competing for only 3.8 million affordable units nationwide. While state, local, and federal programs have worked to expand housing production and ease regulations, it’s clear that more support is needed to keep homeownership and quality rental options within reach. Having helped clients navigate Chicagoland’s unique neighborhoods through changing markets, I know how critical expert guidance can be in times like these.

Chicago Home Prices Rise as Fewer Homes Hit the MarketIn Chicagoland's ever-evolving housing market, we're seeing some n...
09/26/2026

Chicago Home Prices Rise as Fewer Homes Hit the Market
In Chicagoland's ever-evolving housing market, we're seeing some noteworthy trends: active listings are down 6%, and new listings have dipped 7.5%. This tightening inventory has helped push median list prices up by 5.4%, now reaching $395,000. Homes are moving quickly, averaging just 36 days on the market—and we're seeing fewer price cuts than the national average. As someone who knows the ins and outs of Chicago’s neighborhoods, I keep a close eye on these shifts to help clients navigate their options with confidence. Whether you’re looking to buy or sell, understanding what’s happening behind the numbers is key to reaching your real estate goals.


http://www.annetteshelton.com/agent-news/annette-shelton/1969481-Chicago-Home-Prices-Rise-as-Fewer-Homes-Hit-the-Market

09/23/2026

United States: Home Price Growth Seen at 1.2% in 2026
Looking ahead to 2026, we’re seeing forecasts pointing to a moderate 1.2% growth in US home prices. This signals a shift toward a more balanced, buyer-friendly market—welcome news for those searching for the right fit in Chicagoland or beyond. Existing-home sales are projected at 4.10 million for 2026, up about 1% from the previous year, with momentum expected to pick up as the year goes on. Mortgage rates should hold steady in the low-6% range, while a combination of softer price growth and stronger incomes may help lower typical buyer payments by around 2% each year. Renters can also anticipate some relief, with rents forecasted to dip by about 1% as multifamily supply continues to support the market. One interesting trend to watch: although private listing networks haven’t had a major impact on sales yet, broad market visibility remains key for both buyers and sellers. I’m always keeping an eye on these shifts to help you navigate every opportunity in our ever-changing market.

09/22/2026

How to Buy a Home in a Competitive Market Without Overextending Your Budget
Navigating Chicagoland’s competitive housing market can feel daunting, especially with limited inventory driving prices higher and sparking multiple-offer situations. I always remind clients that knowing your true financial limits is key—don’t let the excitement of the market push you beyond your comfort zone. Consider possible concessions, remember to factor in ongoing ownership costs, and think about exploring neighborhoods you might not have considered before. Sometimes, shopping in slower seasons and setting a firm maximum bid can make all the difference. My goal is to help you achieve success without overextending your budget, using my in-depth knowledge of our area’s neighborhoods and a commitment to exceptional client service.

09/21/2026

US Mortgage Applications Stall
Mortgage application activity has been holding steady, as many buyers and refinancers are pausing to reassess their options in light of current borrowing costs. Recently, purchase applications dipped by 2% seasonally adjusted, and 3% unadjusted, while refinancing showed a modest 2% increase—making up about 42% of all mortgage activity. Larger-balance borrowers are still hesitating, and affordability concerns are leading some buyers to wait before making a move. On a brighter note, VA applications reached a share of 12.6%. With the 30-year conforming rate hovering around 7% and no rate cuts expected through 2026, patience is important for anyone navigating these decisions. As someone who guides clients through Chicagoland’s dynamic market, I know how crucial it is to stay informed and consider every opportunity carefully.

Home Price Growth Stalls Near 1% As Local Divide WidensNavigating Chicagoland’s housing market means staying on top of e...
09/19/2026

Home Price Growth Stalls Near 1% As Local Divide Widens
Navigating Chicagoland’s housing market means staying on top of every shift—and July was no exception. While U.S. home-price growth slowed to just about 1% year-over-year, and dipped 0.5% from the previous month due to softer demand and varying inventory, the picture is very different here at home. Chicago stood out with a 6.4% rise in prices, even as places like Austin saw a 2.9% decline. It’s also worth noting that some cities are seeing starter-home prices increase, making neighborhood expertise more valuable than ever. My commitment is to guide you through these local trends with the insight and care that define my approach to real estate in our vibrant communities.


http://www.annetteshelton.com/agent-news/annette-shelton/1923396-Home-Price-Growth-Stalls-Near-1%25-As-Local-Divide-Widens

09/17/2026

I absolutely love Annette Shelton. Her professionalism and attention to detail is why I am a 1st tim...
Let’s connect and talk about the latest insights in the industry!

09/16/2026

Chicago Shoppers Browse Distant New Homes
It’s always fascinating to see how Chicagoans approach the home search—especially when it comes to newly built properties. Recent trends highlight that many buyers from Chicago are exploring new-home options beyond our metro area, reflecting a strong willingness to look for different lifestyles and opportunities in other cities. While the data didn’t share specifics on local pricing or inventory for Chicago, our city stood out as a top origin for this kind of outbound interest. As someone who navigates the ins and outs of Chicagoland real estate every day, I see firsthand how open-minded buyers are when it comes to finding the right fit—whether it’s here or a bit farther afield. If you’re exploring your options, you’re certainly not alone in casting a wide net.

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1338 W. Madison
Chicago, IL
60607

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