DuPage County

Sept. 23, 2020

How to Get Your Autumn Fix This Fall

Fall is right around the corner, and as you start swapping your shorts and t-shirts for pants and sweaters, you may be wondering how you can make the most of the season this year. Fortunately, we’ve done our research, and there are plenty of ways to safely experience fall 2020 ...

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Sept. 16, 2020

Why is the housing market thriving in a pandemic?

 

 

The deadliest pandemic in more than a century has failed to derail the housing market because of the lowest mortgage rates ever recorded coupled with a shift in how people use their homes.

“The buyers are coming in because of the low interest rates – that’s the No ...

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Sept. 9, 2020

Forbearance Market Crash

Back in April, when the COVID-19 data and unemployment numbers were at their worst, the housing bubble boys had a halfway legitimate 2020 housing market crash thesis. If unemployment rates had stayed between 20%-30%, the economic damage down to homeowners would have been epic. This could have led to ...

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Sept. 2, 2020

Tips for Surviving an Unconventional Return to (Home) School

 

As the days grow shorter and we creep toward autumn, parents eagerly look forward to the time-honored tradition of sending their kids back to school. With kids finally out of the house and accounted for, maybe there’s even a little bit more time to linger over that last cup ...

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Aug. 26, 2020

REFI now or face REFI penalty

 

This story has been updated with reaction from industry trade groups.

The Federal Housing Finance Agency announced Tuesday it is postponing the date it will begin implementing its adverse market refinance fee to Dec. 1.

The FHFA directed Fannie Mae and Freddie Mac to delay the implementation date of ...

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Aug. 19, 2020

@ The Market: Summer 2020 Report

 

 

@ The Market: Summer 2020 Report

 

For the latest installment of @ The Market, @properties co-founders Thad Wong and Mike Golden took to the rooftop at Superior House, a new luxury condominium building in River North, to talk about a number of interesting real estate market trends. Watch the ...

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Aug. 4, 2020

Can rates go below 2%?

 

Low housing inventory continues to drive higher home prices, with the average median home price climbing to a new high in July: $349,000. That’s 8.5% higher than last July, but when you consider the drop in housing inventory during the pandemic, it makes sense. In the nation’s ...

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July 29, 2020

Fed projected rates, pre and post Covid

 

Mortgage rates fell to an all-time low on Thursday, according to the daily average tracked by Optimal Blue. The direction of interest rates this week will have a lot to do with what Federal Reserve Chairman Jerome Powell says at the end of the central bank’s policymaking meeting on ...

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July 22, 2020

Mortgage rates forecast for August 2020

Mortgage rates forecast for August 2020

Mortgage rates have hit five new all-time lows in less than three months.

But don’t expect the winning streak to continue.

Our prediction: Mortgage rates will bottom out in August, then rise in anticipation of the 2020 U.S. election.

Want to capture the ...

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July 22, 2020

A platform for expansion: @properties’ take on in-house development

 

 

In the big brand vs. boutique brokerage decision, most agents assume one of the main trade-offs is going to be between a relatively impressive suite of tools and support at the major companies versus a scaled-down but more nimble approach to technology at the smaller ones. But @properties ...

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