2015 Housing Outlook: It’s Your Call
The predictions game is a tough racket. From the infamous “Dewey Defeats Truman” edition of the Chicago Daily Tribune to the prognosticators who picked the 2014 Bears to win the NFC North, foretelling the future has proven to be a profitable enterprise for very, very few.
In fact, just last year, we used this forum to tell you that mortgage interest rates would end 2014 above 5%. Hey we were only off by a 20% margin! Our luck was a little better on the matters of price appreciation and new-construction activity, but we didn’t exactly stick our necks out.
What we’ve come to realize is that we’re pretty darn good at selling real estate ($5.6 billion in 2014…a 28% increase over 2013) and, like most human beings, pretty average when it comes to making predictions. Of course, the more insight we have, the better we are at figuring out what’s ahead. That’s why we rely on reams of sales and pricing data, trends reports and boots-on-the-ground experience to guide our hypotheses and decision-making.
But one factor we’d really like to understand better in 2015 is YOU. YOUR opinions. YOUR sentiments. YOUR mindset.
So we’re launching the @properties 2015 Consumer Survey. Click on the link below and take about 3 minutes to answer a few questions. It’s straightforward, easy and fast.
What’s in it for you? A chance to win a two-night stay at the Four Seasons Hotel Chicago! And a local real estate company that understands you even better.
TAKE THE @PROPERTIES 2015 CONSUMER SURVEY
One guy who actually does have a knack for seeing the future is Howard Tullman, CEO of local startup incubator, 1871, and founder of more than a dozen technology ventures. A few weeks ago, Tullman was gracious enough to take a few minutes out of his busy schedule to answer a few questions about Chicago’s burgeoning startup scene and its implications for the local real estate market. You can watch the interview below.
@properties recently sat down with 1871 CEO Howard Tullman to discuss Chicago’s burgeoning tech sector
