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Understanding the Real Estate Investment Return Metrics

Introduction Passive real estate investors will often find themselves bombarded with various deals to consider. Making sense of each opportunity to buy investment property can take time. Evaluating deals is some combination of art and science. Understanding the nuances of the local marketplace, competition, etc. is the art. The science involves digging into the numbers…

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Homeownership is Closer Than You Think- Downpayment Assistance

We’re always asked if we have lenders with access to downpayment assistance.  The answer is yes.  All of our lender partners have access to downpayment assistance, but our in house broker at Kale Realty has a near Nationwide Downpayment Program.  The short 7 minute video below explains the 3 programs. 3.5% Forgivable downpayment assistance- Princeton…

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Builder Confidence Moves into Positive Territory in June

Solid demand, a lack of existing inventory and improving supply chain efficiency helped shift builder confidence into positive territory for the first time in 11 months. If you are looking for new construction homes in the Chicagoland area check here Builder confidence in the market for newly built single-family homes in June rose five points…

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Why we don’t really want U.S. Debt Default

U.S. Debt Default Could Spike Home Buying Costs by 22 Percent A Debt Default Would Immediately Overwhelm Buyers With 8 Percent Or Higher Mortgage Rates Based on new research by Zillow, the U.S. government defaulting on its debt, which could become a reality as soon as June 1, 2023 without intervention, could send the typical…

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Middle-income Homeowners Gained More Than $120,000 in Wealth Over the Past Decade From Home Appreciation

KANSAS CITY, Mo. (April 18, 2023) – A new housing report by the National Association of Realtors® reveals middle-income homeowners accumulated $122,100 in wealth as their homes appreciated by 68% in the last 10 years. The report, Wealth Gains by Income and Racial/Ethnic Group, speaks to the value agents and Realtors® bring to consumers when helping…

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First-Time Home Buyer !!! – Why Buy Now?

Why it’s always smart to consider a buying a home Some information for the first-time homebuyer. You can use your federal tax refund and turn it into a down payment on your dream home There are down payment assistance programs out there like MSHDA where they can potentially receive up to $10,000 in down payment assistance while potentially putting…

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New-home sales rise again in November

New single-family home sales increased for the second month in a row in November, rising 5.8% month over month to an annual rate of 640,000, while the median price of a new home sold during the month fell from an all-time high set in October, the U.S. Census Bureau and the U.S. Department of Housing…

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How the Chicagoland market is balancing out

As suburban inventory remains low, detached and attached homes are moving at different paces, according to new data from the Mainstreet Organization of REALTORS®. In October 2022, the time on market for detached homes in the Chicago suburbs rose 20% to 42. Meanwhile, for attached homes, the time on the market decreased 3% year over…

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