Why No One is Selling Homes in Illinois

I mean, truthfully, real estate is one of those industries where hopefully everyone gets a touch at least once in their life.

And it's exciting, but probably one of the most stressful experiences.

You know, moving is stressful.

Looking for homes is stressful.

Could you tell me a little bit about what trends you're noticing right now? Especially, I feel like since COVID, things are wacky.

And then what you're seeing, I guess... nationally, but in Illinois specifically, because I guess to clarify, you started in Illinois with this work, right?

Yeah, absolutely.

So I sell in Florida and in Illinois.

North Shore of Chicago basically is kind of where my I built my business.

And so when I'm talking to sellers across the country, it's amazing because there are some states that have no inventory and then some states who have a lot of inventory and Illinois has no inventory.

And that's really, it's very painful right now for buyers in the Chicago land market, especially downstate as well.

They also have a lack of inventory too.

And that is, it's a huge, huge issue right now.

And I don't foresee that ending anytime in the very near future.

Why would you say that is true?

So I can give you my whole spiel about why this is kind of happening across the country with, I'll say, the blue states versus the red states.

And I say that because this all kind of started during COVID when the blue states were more locked down.

So people kind of migrated to the red states.

So right now, many of the blue states do have a lack of inventory.

And that's because – this is my assessment just from working with people and what I believed is that when COVID happened and people were locked down, kids weren't in school, the people who wanted to leave Illinois or could leave Illinois left.

So there was a large group of people who decided, I'm not sticking around, I want to get my kids in school, and they left.

And so the people who stayed in Illinois, you know, like – I'd say probably 2023 and beyond, really have to be there.

So they have to be there, family, job, or they want to be there.

They're like, we're never moving.

So anybody who really wanted to move already moved.