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Reasons You Should Consider Selling This Fall.

If you’re trying to decide when to sell your house, there may not be a better time to list than right now. The ultimate sellers’ market we’re in today won’t last forever. If you’re thinking of making a move, here are four reasons to put your house up for sale sooner rather than later. 1. Your House Will […]

What You Can Do Right Now To Prepare for Homeownership?

As rent prices continue to soar, many renters want to know what they can do to get ready to buy their first home. According to recent data from ApartmentList.com: “The first half of 2021 has seen the fastest growth in rent prices since the start of our estimates in 2017. Our national rent index has increased by 11.4 percent […]

What Buyers and Sellers Need To Know About the Appraisal Gap.

It’s economy 101 – when supply is low and demand is high, prices naturally rise. That’s what’s happening in today’s housing market. Home prices are appreciating at near-historic rates, and that’s creating some challenges when it comes to home appraisals. In recent months, it’s become increasingly common for an appraisal to come in below the contract price on […]

With Rents on the Rise – Is Now the Time To Buy?

According to recent data from realtor.com, median rental prices have reached their highest point ever recorded in many areas across the country. The report found rents rose by 8.1% from the same time last year. As it notes: “Beyond simply recovering to pre-pandemic levels, rents across the country are surging. Typically, rents fluctuate less than 1% from month to month. In May and […]

4 Major Incentives To Sell This Summer

While the housing market forecast for the second half of the year remains positive, there may not be a better time to sell than right now considering the incentives to sell this summer. Here are four things to consider if you’re trying to decide if now’s the right time to make a move. 1. Your […]

Want to Buy A Home (Understanding Earnest Money)

What an earnest money deposit is The difference between an earnest money deposit and a down payment How to get your earnest money deposit back What is Earnest Money? When you’re ready to make an offer on a home, you may consider giving the seller a cash deposit to show them you’re serious about going […]

Advantages of FHA Loans: Is it Right For You?

Curious to know about the Advantages of Federal Housing Administration (FHA) Loans? Let’s explore. The FHA loan is the most popular government-backed home loan in the country. These low-down payment loans are made by qualified lenders and guaranteed by the Federal Housing Administration (FHA). FHA loans require just a 3.5% down payment for borrowers with […]

Your Home Equity Can Take You Places

Bottom Line. In the flourishing landscapes of real estate, your home equity can take you places. This is not just a saying; it’s a financial reality echoed by real estate experts. Let’s connect with real estate experts in Chicago at KM Realty Group LLC to discuss taking advantage of today’s sellers’ market to get the most […]

Selling Your House? Make Sure You Price It Right.

Are you thinking about selling your house in Chicago? With the help of real estate experts, you can ensure you price it correctly. There’s no denying we’re in a sellers’ market right now. With low inventory and high buyer demand, homes are selling above their asking price at an all-time high. According to the National […]

Home Builders Ramp Up Construction Based on Demand

If you’re thinking of buying a home, there really is no time like the present. With today’s low mortgage rates, you have a great opportunity to get more home for your money. The challenge is inventory. Like you, many buyers led by real estate experts, want to capitalize on these market conditions, and it’s leading to […]