Posts Tagged ‘#sellyourhome’
Contracts narrow year-over-year gap in Chicagoland area
Last week’s 20% rise in residential listings under contract in MRED’s marketplace ushered in the largest single-week contract total since late August. That increase also narrowed the year-over-year gap to a 3% annual decrease, the smallest margin in three months.
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 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 MoreFHFA Says Home Prices Up 18.7% from One Year Ago
According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), U.S. house prices rose 18.7% from Q1 2021 to the first Q2 2022. The seasonally adjusted monthly index for March was up 1.5% from February. The FHFA produces the nation’s only public, freely available house price indexes (HPIs) that measure changes in…
Read MoreInventory Shortage Could Continue As Interest Rates Rise and Homeowners Feel “Locked-In”
This is a rewrite of a post from Bigger Pocket Dave Meyer Dave Meyer is a real estate investor and the VP of Data & Analytics at BiggerPockets. Follow him @thedatadeli. View profile As the Federal Reserve aggressively raises interest rates and bond yields climb, we are leaving behind the era of ultra-low mortgage rates that…
Read MoreChicagoland homes are getting snatched up — fast
Chicagoland homebuyers are facing increasingly tough competition as the amount of time homes spend on the market continues to shrink, according to a new report from the Mainstreet Organization of REALTORS®. The monthly report notes that the average number of days spent on the market for suburban detached homes shrank 22.9% in March, year over…
Read MoreAffordable Chicago Suburbs
8 of the 10 best affordable suburbs are in Chicagoland — with Crystal Lake at No. 1 In December, StorageCafe released a list of the most city-like suburbs with Chicagoland dominating the top spots of affordable Suburbs. Now, a new study from the site investigates the pricing of that premier suburban living — and Illinois suburbs ranked as the…
Read MoreDown Payment Misperceptions Persist
Tackling Home Financing and Downpayment Misconceptions This is a reprint of a National Association of Realtors Article January 7, 2022 Financing & Credit By: Jessica Lautz The article below is a reprint from the National Association of Realtors (NAR). Please note that we have some referral lenders with conventional lending programs with as little as 3.5…
Read MoreMortgage Interest Deductions 101: What You Should Know
If you don’t enjoy doing your taxes, you’re not alone. (Sometimes, it even feels feel like hot pokers under the fingernails.) But taxes can be fun when you understand how to make the best of your personal financial situations. Savvy investors must understand the power of taking all of the deductions you can—legally, of course.…
Read MoreWHERE ARE THE BEST SUBURBS FOR CITY-LIKE LIVING?
The Dallas and Chicago metro markets offer some of the best suburbs for city-living and suburban atmosphere, according to StorageCafe. By Vincent Salandro Courtesy Adobe Stock While the suburbs have not always been able to compete with cities in terms of lifestyle offerings, shifting expectations in recent years have caused many suburban areas to offer more…
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