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Why This Is Not Like 2008 Again.

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. […]

How Much Time Do You Need To Save for a Down Payment?

One of the biggest hurdles homebuyers face is saving for a down payment. As you’re budgeting and planning for your home purchase, you’ll want to understand how much you’ll need to put down and how long it will take you to get there. The process may actually move faster than you think. Using data from the U.S. Department […]

Some Buyers Prefer Smaller Homes

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, […]

6 Foundational Benefits of Homeownership Today in Chicago.

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 […]

How Down Payment Assistance Opens the Door to Homeownership.

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 […]