Ricardo is the Co-Founder & CEO of Park Place Property Group, a full-service neighborhood redevelopment company focusing on improving communities all over the Chicagoland area. He is also the host of the popular, Profits Over Wages Podcast, where along with his co-host Matthew Mesick, interview highly successful business owners & entrepreneurs. Lastly, he's a partner & real estate broker at Cobblestone Realty - A boutique real estate firm based in Chicago specializing in working buyers, sellers and investors.
In today’s real estate market, low inventory dominates the conversation in many areas of the country. It can often be frustrating to be a first-time homebuyer if you aren’t prepared.
In today’s housing market, home prices are increasing at a slower pace (3.7%) than they have over the last eight years (6-7%). However, they are still are above historical norms. Low supply of listed homes and high demand from buyers has pushed prices to rise rapidly.