In this episode of The Chicagoland Guide, I’m joined by Nadia Evangelou, Senior Economist and Director of Real Estate Research at the National Association of Realtors® (NAR). We dive into how global trade, tariffs, and economic trends are shaping the U.S. housing market — and how it all impacts us here in Chicagoland.
We cover:
• How tariffs are affecting construction costs and housing affordability
• Why Illinois is especially impacted by shifts in global trade
• Mortgage rate forecasts for 2025
• Inventory challenges and opportunities for first-time buyers
• Remote work’s influence on office space and city centers
• Trends in foreign investment and real estate development
• Insights on Chicagoland’s condo market
Whether you’re a homebuyer, investor, or just want to better understand the economic forces behind real estate, this conversation is packed with useful insights.
🔗 Resources mentioned:
• Nadia Evangelou’s NAR profile and articles: https://www.nar.realtor/nadia-evangelou
• Blog article discussed in the episode: https://www.nar.realtor/blogs/economists-outlook/which-states-rely-most-on-exports-and-imports-a-closer-look-at-the-numbers-behind-trade
• Connect with Nadia on LinkedIn: https://www.linkedin.com/in/nadiaevangelou/
• Follow Nadia on Instagram: https://www.instagram.com/nadioula/
🎙 Follow The Chicagoland Guide:
• Website: https://www.thechicagolandguide.com
• Instagram: https://www.instagram.com/thechicagolandguide_/
• Facebook: https://www.facebook.com/thechicagolandguidenew
Subscribe for more conversations about real estate, economic trends, and the people and businesses shaping the Chicagoland area.
#ChicagolandGuide #RealEstatePodcast #HousingMarket #NadiaEvangelou #NationalAssociationofRealtors #GlobalTrade #Tariffs #RealEstate #ChicagolandRealEstate #EconomicTrends
