Posts Tagged ‘#chicago Real Estate’
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…
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 MoreWhat the Housing Market Could Look Like in 2023
If you are considering buying or selling a home in 2023, please give us a call or email us at [email protected]! We’ll guide and help you to get a sense of what is happening in your local market! You can also reach us at (312)818-2584. The housing market has been a hot topic over the…
Read MoreNew-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…
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 MoreWe’ve partnered with Ribbon expansion in Illinois
Power buyer Ribbon is expanding its presence in Arkansas, Colorado and Illinois — three states where the company has been in business for less than a year. The New York-based power buyer has entered 10 new states this year, bringing the total number of states where Ribbon has a presence to 17. Ribbon announced its entry into…
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 MoreThe Ultimate Rental Property Maintenance Checklist for Fall
The air is cooling, the leaves are starting to change, and the nights are getting longer. That means it’s time to get your rental ready for autumn and the unique maintenance issues this season presents. In today’s article, we’ll share rental property maintenance checklists from Bay Property Management Group with tasks for both landlords and tenants to…
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