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If you are considering buying a property in your area, like Chicago Gold Coast or Irving Park, pre-approval is a crucial part of the process you don’t want to skip. So, before you start picturing yourself in your new living room or dining on your future all-season patio, be sure you are working with a […]
If you plan to buy a home this year, you’re probably paying closer attention to the housing market than normal. And you’re getting your information from various channels: the news, social media, a trusted real estate advisor, conversations with friends and loved ones, the list goes on and on. Most likely, home prices and mortgage rates […]
Some Highlights Planning to buy a home in Chicago, Illinois in 2024? Here’s what to focus on. Improve your credit score, plan for your down payment, get pre-approved, and decide what’s most important. Let’s connect with real estate professionals, so you have expert advice on achieving your home-buying goals this year.
If you’re planning to buy a home in your area, knowing what to budget for and how to save may sound intimidating – but it doesn’t have to be. One way to ease those concerns is to ensure you understand some of the costs you may encounter upfront. And to do that, always turn to trusted […]
Some Highlights If you want to buy a home in your area, you may not need as much for your down payment as you think. There are various loan options for qualified buyers with down payments as low as 3.5% or even no down payment requirement. Thousands of programs are also available to help homebuyers with their down payments. […]
If you want to buy a home, your down payment doesn’t have to be a big hurdle. According to the National Association of Realtors (NAR), 38% of first-time homebuyers find saving for a down payment the most challenging. But the reality is, you probably don’t need to put down as much as you think: Data from NAR shows […]
Maybe you’re in the market for a home and have difficulty finding the right one that fits your budget. Or perhaps you’re already a homeowner needing extra income or a place for loved ones. Whether as a potential homebuyer or a homeowner with changing needs, accessory dwelling units, or ADUs for short, we may be able to help you […]
Owning a home has always been a big part of the American Dream. It symbolizes stability, independence, and a place to call your own. But for Gen Z, the “Zoomers” born between 1997 and 2012, making that dream a reality can feel like quite the challenge today with higher mortgage rates and rising home prices. But achieving that […]
The escalating impact of natural disasters presents fresh challenges in residential real estate, especially for homebuyers. As a recent article from CoreLogic explains: “As the specter of climate change looms large, the world braces for unprecedented challenges. In the world of real estate, one of those challenges will be the effects of natural catastrophes on property portfolios, homeowners, […]
Bottom Line.
Even though the housing market is no longer experiencing the frenzy that was so characteristic of the last couple of years, it doesn’t mean today’s market is at a standstill. In actuality, buyer traffic is still strong today. The ShowingTime Showing Index is a measure of how much buyers are touring homes. The graph below uses that index […]
Before you decide to sell your house, knowing what you can expect in the current housing market is important. One positive trend is that homebuyers are adapting to today’s mortgage rates and getting used to them as the new normal. To better understand what’s been happening with mortgage rates lately, the graph below shows the […]