08/22/2026
Friends, clients + family… this one’s for anyone trying to time the real estate market. 👀🏡
If you’re waiting for the “perfect” time to buy, here’s what I want you to understand about the Chicagoland market, especially here in Lake County. 👀🏡
Inventory is still historically low. Here in Lake County, we’re operating at less than half the inventory levels we saw in 2019. 📉 That’s a huge reason good homes in desirable locations remain competitive.
But right now, we’re also seeing:
• Buyers pausing because of interest rates ⏸️
• Homes sitting a little longer 🏠
• More price reductions 💰
• Less competition in certain price points 👀
• Better opportunities for FHA and low-down-payment buyers 🔑
Here’s the part people forget:
When rates come down, more buyers will likely jump back in. 📈
If inventory stays tight, especially here in Lake County, that means more buyers competing for the same limited number of homes.
Basic supply + demand.
So the best opportunity may not be when everyone feels comfortable buying.
It may be before everyone else jumps back in. 👏🏾
Does that mean everyone should buy right now? No.
It means look at YOUR numbers, YOUR goals and YOUR situation instead of trying to perfectly time the market. 💡
Let’s chat!
📲 Errin Saleh, REALTOR®
📞 224-656-7715
📧 [email protected]