2020 Housing Market Defied Naysayers. What About This Year?

January 11, 2021


A year ago, predictions for 2020 home sales called for status quo in the Chicago area, but the pandemic upended all expectations with homes selling at a faster pace and for more money than anticipated. When Crain’s Chicago Business sought expert voices to discuss whether that momentum would continue in 2021, Taylor Johnson connected the reporter to Laura Ellis, president of residential sales at TJ client Baird & Warner, for her predictions. As noted in the article, Ellis sees more bright days ahead for the Chicagoland market, including price increases of up to 4% and a bump in inventory. She also expects to see a downtown residential rebound in 2021, along with the return of dining at restaurants and taking in a show at the theater. Read the full story here for more insights from Ellis.

Baird & Warner President of Residential Sales Laura Ellis predicts price increases and more home for sale in 2021 in a recent Crain’s Chicago Business article. Photo by John R. Boehm/Crain’s


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