Sell
Soaring Home Prices Are Roiling Appraisals and Upending Sales
This is a reprint of an article from the Wall Street Journal. We have a solution to the Appraisal Problem. Click the link at the bottom of the article. By Nicole Friedman Oct 11, 2021 Jason and Talitha Brooks listed their house in Orange Park, Fla., in June at $320,000. After receiving multiple bids, the couple…
Read MoreBiden’s Proposed Tax Changes: What Investors Should Know
Biden’s Proposed Tax Changes: What Investors Should Know This is a repeat of an article from Amanda Han – A CPA specializing in Tax Strategies Many of you have been anxiously awaiting this information for several months, and it is finally here. We now have more insight into what the proposed tax policies and…
Read MoreThe smart way to buy a new home before you sell your old one
The smart way to buy a new home before you sell your old one Knock +Kale Realty https://s3.amazonaws.com/reibb-users-media-library/u16029/wp-content/uploads/sites/28/2021/09/Social_Video_HowItWorks_Kale_Realty-1.mp4 How does the Knock Home Swap work? The Knock Home SwapTM empowers you to buy your new home prior to selling your old house on the market for maximum value. Here’s how it works: 1. We’ll get…
Read MoreBlack Knight Says 1.45 Million Mortgages Remain Seriously Past Due
The national delinquency rate saw a 5% reduction in July and at 4.14% is now down by nearly half since May of last year Delinquencies have now improved in 12 of the last 14 months, with the two monthly increases being calendar-related as opposed to being indicative of worsening performance While overall delinquency volumes continue…
Read MorePending Home Sales Down 1.8% in July
Pending Home Sales Down 1.8% in July WASHINGTON (August 30, 2021) – Pending home sales dipped modestly in July, noting two consecutive months of declines, according to the National Association of Realtors®. Only the West region registered a month-over-month gain in contract activity, while the other three major U.S. regions reported drops. All four regions…
Read MoreMay 2021 Market Snapshot
May 2021 Market Snapshot MARKET SNAPSHOT — CITY OF CHICAGO May 2021 Market Snapshot- *The City of Chicago Market Snapshot represents the residential real estate activity within the 77 officially defined Chicago community areas as provided by the Chicago Association of REALTORS®. 3,403 properties were sold in the City of Chicago in May 2021. This…
Read MoreThe 26 Best Curb Appeal Ideas for Every Budget
Curb Appeal Ideas for $0 – $500 1. Create a Seating Area on the Porch Estimated cost: Free – $500 Will you need to hire a contractor? No 2. Use Lawn Paint to Make a Brown Lawn Green Again Estimated cost: $150 Will you need to hire a contractor? No 3. Add New House Numbers Estimated cost: $20 –…
Read MoreMortgage Rates Rise Above 3%
For the first time in 10 weeks, mortgage rates inched above 3%—and the era of 2% rates may be over. “As the economy progresses and inflation remains elevated, we expect that rates will continue to gradually rise in the second half of the year,” said Sam Khater, Freddie Mac’s chief economist. “For those homeowners who…
Read MoreChicagoland Open house totals rise as inventory grows- Hot Market
Housing Market Gone Crazy- Everything is up Hosing Market Gone Crazy- If you didn’t know it- The market is hot right now. More properties are coming on the market and more are closing. Here are some raw stats More open houses took place in MRED’s marketplace last week than in any individual week since mid-November.…
Read MoreIs The Housing Market Going To Cool Off Soon
Is the housing market going to cool down? According to data provided by the Federal Reserve, inventory bottomed out nationally in October, hitting levels we haven’t seen since 2004. This has led to one heck of a seller’s market over the last couple of months. The months supply of inventory for single-family homes in Chicagoland…
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