Latest Housing Data Points to Chicago’s Value
According to a recent article in Crain’s Chicago Business, home sales in the city of Chicago increased 35.5% in March on a year-over-year basis, almost three times the increase that was seen nationwide. The median sales price in Chicago was up 7.8%
These Neighborhoods Are Already Leaving Their Marks On the ‘20s
The 2020s should be an exciting time for real estate in Chicagoland. Urban neighborhoods are emerging as trendy yet affordable hotspots, while more established suburbs are providing undeniable value to homebuyers looking outside of the city. Get ahead of the
How to Create the Ultimate Outdoor Entertaining Space
Summer may be winding down, but there is still time to sneak in a few outdoor gatherings before the temperature drops. We’ve talked about maximizing small outdoor spaces and important patio prep tips, and now we’re sharing an assortment of
Mortgage Rates in the 3’s a Welcome Surprise
Just about everyone expected mortgage interest rates to rise in 2019. But after reaching 5% last November, the average 30-year mortgage rate is back in the 3% range, the lowest it has been in over 2 years. This latest development is
Renovation Loans Open the Door for First-Time Buyers
Homes that are financially within reach for first-time buyers are often in need of updates. Fortunately, there are a number of home-loan products that offer an affordable financing solution by allowing rehab costs to be included in mortgage payments. “Fixer-uppers provide
Timing Matters When It Comes to Price Adjustments
In Chicago, more homebuyers are house hunting during the months of March, April and May than in any other three-month period throughout the year. So, it stands to reason that sellers who price their homes correctly during this peak period have
Uber-Luxury Market Off To A Strong Start In 2019
The uber-luxury market had a record year in 2018, with 73 homes selling for at least $4 million in the Chicago area, according to Crain’s Chicago Business. Among the factors driving these sales were high-end new construction and strong stock market
Real Estate Terms Every First-Time Homebuyer Should Know
It’s no secret that purchasing a home can be a major undertaking, especially if you’re a first-time buyer. As you navigate the process, there are all kinds of real estate terms that you are likely to encounter along the way. Knowing
Four Perks to Buying a Home over the Holidays
The thought of adding a new home to your holiday shopping list might sound a little insane. Although it might seem like an overwhelming time to add the biggest transaction of your life into the shopping, parties and celebratory mix, there