Fix & Flip
Avoid The ComEd Rate Hike setting rate hike- ComEd requesting $1.5billion rate increase
ComEd’s requested $1.5 billion rate increase over the next four years would increase its profits more than improve its stated clean-energy priorities, the Citizens Utility Board says. Click Here to find out How To Avoid The Comed Rate Hike- About 8% less than ComEd- Lock in your Rate for 3 years. No penalties if you…
Read MoreUnderstanding 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…
Read MoreWhy 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…
Read MoreWhy Investing in Real Estate in 2023 Could Be A Good Decision
If you’ve had thoughts about investing in a property anytime soon, now may be the best time to do it! Keep reading to find out why. Strong rental demand One of the most compelling reasons to invest in real estate is the potential for steady rental income. With more and more people opting to rent…
Read MoreHow 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…
Read More98 of the 100 largest U.S. markets saw home prices September 2022 decline
Highlights 98 markets saw declines from their May 2022 highs; prices in 42 major housing markets are projected to fall further from their record highs by September 2023 Providence, Rhode Island, and Salisbury, Maryland, were the only markets where home prices have remained at their peaks set this summer National median home price will fall…
Read MoreMonthly Home Maintenance Checklist
Maintenance performed regularly and on schedule provides optimum longevity and helps prevent potential breakdowns or malfunctions. Beyond maintenance procedures for operational sake, the primary (and most important) reason for checking, inspecting, and constantly tuning up your home is to ensure maximum safety for you and your family. Make these tasks part of your monthly home…
Read MoreATTOM: Foreclosure rates returning to pre-pandemic levels
ATTOM’s 2022 U.S. Foreclosure Market Report shows that foreclosure filings are up 118% compared to this time last year. In August alone, lenders in the United States began the foreclosure process on 23,952 properties. Numbers that high haven’t been seen since before the COVID-19 pandemic. “Two years after the onset of the COVID-19 pandemic, and after…
Read MoreChicago – a top 10 city for real estate investment in 2022/23
by Patrick Regan September 15, 2022 Norada Real Estate Investments recently revealed its 21 best cities for real estate investment in 2022 and 2023, and Chicago made the list. The firm looked at data and trends across the U.S. to determine its rankings, noting each city has its “own set of qualities and disadvantages, but many of them…
Read MoreWhat Does a Recession Do To The Housing Market?
A major concern plaguing the country right now is around the possibility of a recession. We haven’t seen a recession since the 2008 financial crisis, and now we could be headed for one. For real estate investors, we answer a pertinent question, what does a recession do to the housing market? While the US housing market took…
Read More