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What’s Next for Home Prices and Mortgage Rates?

If you’re considering moving this year, two housing market factors are probably on your mind: home prices and mortgage rates. You’re wondering what’s going to happen next. Is it worth it to move now, or is it better to wait it out? The only thing you can do is make the best decision based on the latest information available. […]

What You Really Need To Know About Home Prices?

According to recent data from Fannie Mae, almost 1 in 4 people still think home prices are going to come down. If you’re one of the people worried about that, here’s what you need to know. A lot of that fear is probably coming from what you’re hearing in the media or reading online. But here’s the thing […]

Why Overpricing Your House Can Cost You?

If you’re trying to sell your house in Chicago, Illinois, you may be looking at this spring season as the sweet spot – and you’re not wrong. We’re still in a seller’s market because there are so few homes for sale right now. And historically, this is the time of year when more buyers move, […]

Don’t Let the Latest Home Price Headlines Confuse You

Based on what you’re hearing in the news about home prices, you may be worried they’re falling. But here’s the thing. The headlines aren’t giving you the whole picture. If you look at the national data for 2023, home prices showed positive growth for the year. While this varies by market, and there were some months with slight […]

Why It’s More Affordable To Buy a Home This Year [INFOGRAPHIC]

Some Highlights Home affordability depends on mortgage rates, home prices, and wages. Mortgage rates are down from their recent peak, the cost of homes is expected to rise slower, and wages are increasing faster than usual. That’s good news if you want to invest in a house in Chicago, Illinois because affordability is improving. Related Posts: Know About Credit […]

Experts Project Home Prices Will Increase in 2024

In our previous post, we discussed expectations about future home prices. Now, experts project a modest yet positive increase in home prices for 2024. Dive deeper into these projections in this post with us! Even though home prices are rising nationally, some people still worry they might come down. A recent survey from Fannie Mae found that […]

Home Prices Still Growing – Just at a More Normal Pace

If you’re feeling a bit muddy about home prices, that’s no surprise. Some people still say prices are falling, even though data proves otherwise. Part of that misconception is that people get their information from unreliable sources. But it also comes from some media coverage misrepresenting the data. So, to keep things simple, here’s what you […]