Chicago Housing Market Just Changed: What Zillow, The Fed & Homeowners Aren't Telling You

Chicago Real Estate Market Update | June 2026The Chicago housing market continues to evolve, and in this episode of People, Not Titles, Steve Kaempf and Matt Lombardi break down the biggest stories impacting buyers, sellers, investors, and real estate professionals across Chicago and the United States.This week we discuss the latest May Jobs Report, Zillow's Rent vs. Buy Analysis, mortgage rate trends, Federal Reserve policy changes, housing affordability challenges, seller behavior, and what these developments mean for the future of the Chicago real estate market.Key Topics Covered:→ May Jobs Report & Labor Market Trends→ Federal Reserve Interest Rate Outlook→ Zillow's 2026 Rent vs Buy Study→ Chicago Housing Market Forecasts→ Housing Affordability Challenges→ Compass & Industry News Updates→ Economic Trends Affecting Home BuyersWhether you're a first-time homebuyer, experienced investor, real estate agent, lender, broker, entrepreneur, or simply interested in where the housing market is headed, this episode provides practical insights and real-world analysis to help you make smarter decisions.Full episodes available at [www.peoplenottitles.com](http://www.peoplenottitles.com)People, Not Titles podcast is hosted by Steve Kaempf and is dedicated to lifting up professionals in the real estate and business community. Our mission is to highlight success principles, leadership lessons, and real-world strategies that help professionals thrive in business and life.Connect With People, Not Titles:Website: [www.peoplenottitles.com](http://www.peoplenottitles.com)Instagram:https://www.instagram.com/peoplenottitlesFacebook:https://www.facebook.com/peoplenottitlesX (Twitter):https://twitter.com/sjkaempfSpotify:https://open.spotify.com/show/1uu5kTv00:00 Introduction & Market Overview01:15 May Jobs Report Breakdown05:12 Wage Growth, Employment Trends & Economic Signals08:30 What The Labor Market Means For Real Estate11:45 Zillow's 2026 Rent vs Buy Report16:20 Chicago Housing Market Analysis19:45 Why Chicago Continues To Outperform22:10 Federal Reserve & Interest Rate Outlook27:05 Mortgage Rates & Housing Affordability29:55 Compass Investigation & Industry News32:45 Sellers Pulling Listings Across The U.S.35:10 NAR Legislative Updates36:40 Viewer Mail: Best Real Estate & Business Books38:18 Final Thoughts & Closing RemarksIf you enjoyed this episode, please Like, Subscribe, Comment, and Share. Your support helps us continue bringing valuable conversations and market insights to our audience every week.#ChicagoRealEstate #HousingMarket #RealEstateInvesting #MortgageRates #PeopleNotTitles