The Federal Reserve’s latest rate hike means higher potential costs for things like credit card payments, bank loans and mortgages.Thanks to our sponsors:
Sales are now down about 8% from a peak in June — and some economists say they could plummet by as much as 20%.Joining “Chicago Tonight” to discuss the latest real estate trends in the area are Geoff Smith, executive director of DePaul University’s Institute of Housing Studies, Ainhoa Garcia, vice president of the National Association of Hispanic Real Estate Professionals’ Chicago chapter, and Dennis Rodkin, residential real estate reporter at Crain’s Chicago Business.
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