With forbearance plans about to end, many are concerned the housing market will experience a wave of foreclosures like what happened after the housing bubble 15 years ago. Here are four reasons why that won’t happen. 1. There are fewer homeowners in trouble this time. After the last housing crash, about 9.3 million households lost their […]

Over the past year, particularly for those dwelling in the heartland such as Chicago, many homeowners realized their changing home needs. With the rise in remote work, there’s a longing for a dedicated office or a change in scenery. Now may be the time to find that perfect home that addresses these evolving needs. Working […]

Last week, Fannie Mae released their Home Purchase Sentiment Index (HPSI). Though the survey showed 77% of respondents believe it’s a “good time to sell,” it also confirms what many are sensing, and real estate experts are noting as one of the “Buyer Biggest Concerns”: an increasing number of Americans believe it’s a “bad time […]

Over the past year, we’ve had plenty of opportunities to reflect on what we consider most important in our lives. The place we call home is one of the biggest things many of us are re-evaluating. George Ratiu, Senior Economist at realtor.com, shares: “The very nature of the pandemic, through the health implications, social distancing, and need to isolate, […]

Over the past year, our homes have become an integral part of our lives more than ever. They’re much more than the houses we live in. They’re our workplaces, virtual schools, and safe havens that provide shelter, stability, and protection through the evolving health crisis. Today, 65.8% of Americans are fortunate enough to call their homes their […]

Many people are eager to buy a home right now, while affordability remains a highlight of the current housing market, particularly in areas like Chicago, Illinois. However, a recent survey by Sparks Research shows that 20% of first-time homebuyers cite a lack of financial education as a barrier to homeownership. This is definitely understandable. If […]