Explaining Today’s Low Housing Supply
Some Highlights
Plenty of Buyers Are Still Active Today
Some Highlights. Let’s connect with real estate agents at KM Realty Group LLC, Chicago to get your house in front of these buyers.
Should Baby Boomers Buy or Rent After Selling Their Houses?
Are you a baby boomer who’s lived in your current house for a long time, and you’re ready for a change? If you’re considering selling your house, you have much to consider. Will you move to a different state or stay nearby? Is it time to downsize, or do you want more space to accommodate […]
The Value of an Agent When Buying Your New Construction Home.
Buying a new construction home can be an exciting experience. From being the very first owner, to customizing your home’s features, there are a lot of benefits. But navigating the complexities of buying a home under construction can also be a bit overwhelming. This is where a skilled real estate agent can make all the difference. An […]
Where Will You Go If You Sell? Newly Built Homes Might Be the Answer.
Do you want to sell your house, but hesitate because you’re worried you won’t be able to find your next home in today’s market? You’re not alone, but there’s some good news that may ease your worries. New home construction is up and is becoming an increasingly significant part of the housing inventory. That means […]
Why Buying or Selling a Home Helps the Economy and Your Community.
If you’re thinking about buying or selling a house, it’s essential to know that it doesn’t just affect your life but also your community. The National Association of Realtors (NAR) releases a report every year to show how much economic activity is generated by home sales. The chart below illustrates that impact: As the visual […]
It May Be Time To Consider a Newly Built Home.
If you’re looking to buy a house in Chicago, IL, you may find today’s limited supply of homes available for sale challenging. When housing inventory is as low as it is right now, it can feel like a bit of an uphill battle to find the perfect home for you because there just isn’t that […]
A Recession Doesn’t Equal a Housing Crisis.
Everywhere you look, people are talking about a potential recession. And if you’re planning to buy or sell a house, this may leave you wondering if your plans are still a wise move. To help ease your mind, experts say that if we officially enter a recession, it’ll be mild and short. As the Federal […]
The Three Factors Affecting Home Affordability Today.
There’s been a lot of focus on higher mortgage rates and how they create affordability challenges for today’s homebuyers. It’s true that rates climbed dramatically since the record-low we saw during the pandemic. But home affordability is based on more than just mortgage rates – it’s determined by a combination of mortgage rates, home prices, […]
Homebuyer Activity Shows Signs of Warming Up for Spring.
The spring season appears to be warming up in housing as more and more buyers enter the market. And after rising mortgage rates sidelined so many buyers last year, that’s a good sign for sellers. Realtor.com has the latest: “Spring is officially here, and like green shoots emerging from the bleak winter, new data suggests […]
Get Ready: The Best Time To List Your House Is Almost Here
If you’re thinking about selling this spring, it’s time to get moving – the best week to list your house is fast approaching. Experts at realtor.com looked at seasonal trends from recent years (excluding 2020 as an uncharacteristic year due to the onset of the pandemic) and determined the ideal week to list a house […]
Reasons To Consider Condos in Your Home Search
Are you having trouble finding a home that fits your needs and your budget? If so, you should know there’s an option worth considering – condominiums, also known as condos. According to Bankrate: “A condo can be a more affordable entry point to homeownership than a single-family home. And as a homeowner, you’ll build equity […]