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Home prices have increased significantly over the last year, which in turn has grown the net worth of homeowners. Appreciation and home equity are directly linked – as the value of a home increases, so does a homeowner’s equity. And with these recent gains, homeowners are witnessing their financial stability and well-being grow to record levels. In […]
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 […]
The question of whether the real estate market is a housing bubble ready to pop seems to be dominating a lot of conversations – and everyone has an opinion. Yet, when it comes down to it, the opinions of real estate experts that carry the most weight are the ones based on experience and expertise. […]
As we transition into the second half of the year, the inquisitive minds of both buyers and sellers are eager to gain insights into the looming real estate trends in Chicago. Boosted by near-record-low mortgage rates and rising home price appreciation, the first half of 2021 saw a robust housing market. Chicago real estate professionals […]
Low inventory and high demand drive home prices in today’s fiercely competitive Chicago real estate market. As a result, we are observing a trend of growing appraisal gaps. According to the latest Realtors Confidence Index from the National Association of Realtors (NAR), as many as 54% of homes in Chicago are receiving offers over the […]
Selling a house is a time-consuming process – especially if you decide to do it on your own, known as a For Sale By Owner (FSBO). Working with real estate agents can make the process much smoother. From conducting market research to reviewing legal documents, handling negotiations, and more, it’s an involved and highly detailed […]
Some Highlights. Don’t miss your chance to navigate the sellers’ market in Chicago successfully! Connect with our real estate professionals at KM Realty Group LLC, Chicago.
In a normal Chicago market, it’s good to have experienced Chicago real estate experts coaching you through the process of buying or selling a home in Chicago. These Chicago real estate experts can advise you on important things like pricing your home correctly or the first steps to take when you’re ready to buy. However, […]
During the Great Recession, just over a decade ago, the financial systems the world depended on started to collapse. It created a panic that sent shockwaves through the real estate market, making it extremely difficult for individuals and families to buy homes in Chicago and beyond. Several large companies were driven out of business (ex. […]
You have started looking for houses for sale in Chicago like most other buyers. It requires a lot of time and effort when you want to buy a house. By following these simple 10 steps, you can make the process to buy a home simple. 10 Easy Steps to follow when buying a house. Choose […]
Some Highlights Have more questions? Let’s connect with real estate experts in Chicago at KM Realty Group LLC.
Homeownership is a foundational part of the American Dream. As we look back on more than a year of sheltering in our homes, having a place of our own is more important than ever. While financial benefits are always a key aspect of homeownership, today, homeowners rank the nonfinancial and personal benefits with even higher value. Recently, two […]