Lower conforming loan limits made it difficult for move-up buyers in Chicago to access loans in the wake of the housing meltdown, but that all changed in 2013 when the jumbo loan product returned to the market.
People are listening to real estate economists today in a way that anyone who covered the industry a decade or more ago would not recognize. Smoke is one of the members of this new wave of real estate economists. In fact, Smoke is actually the newest one on the block. The upstart economists at places like Trulia and Zillow are still new, Smoke is just the latest player to join the game..