Posts Tagged ‘#homeownership’

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…

Read More

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…

Read More

Monthly 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 More

We’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 More

What 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

House Hacking 101

What Is House Hacking? House hacking is a term used to describe renting out a portion of your primary residence, either as a long-term or short-term rental. It’s a great way to make passive income, unlock financial freedom, and live in your dream home while still being able to afford it. House Hacking a Single-family Home…

Read More

Home Appreciation vs. Inflation Since the ’70s

Home Appreciation vs. Inflation Keeping Current Matters says that rising inflation puts a pinch on the wallet and makes you reevaluate any big purchases you may have planned.  They point out that potential homebuyers are probably wondering if they should continue down that path or if it makes more sense to wait. While the answer depends…

Read More