DuPage County

Sept. 20, 2023

Equity can offset your affordability challenges

 

 

 

 

 

Are you thinking about selling your house? If so, today’s mortgage rates may be making you wonder if that’s the right decision. Some homeowners are reluctant to sell and take on a higher mortgage rate on their next home. If you’re worried about this too ...

View More
Sept. 13, 2023

Expert home pricing for the next 5 years

 

 

 

 

If you’re planning to buy a home, one thing to consider is what experts project home prices will do in the future and how that might affect your investment. While you may have seen negative news over the past year about home prices, they’re doing far ...

View More
Sept. 6, 2023

Year end home price forcast

 

 

 

Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023. That led to a lot of fear and questions about whether there was going to be a repeat of the housing crash that happened back ...

View More
Aug. 30, 2023

How strong is buyer traffic?

 

 

 

 

Are you putting off selling your house because you’re worried no one’s buying because of where mortgage rates are? If so, know this: the latest data shows plenty of buyers are still out there, and they’re purchasing homes today. Here’s the data to prove it.

The  ...

View More
Aug. 23, 2023

Understanding your equity in current market conditions

 

 

 

How Equity Benefits You in Today’s Market

With today’s affordability challenges, that equity can be a game changer when you move. Here’s why. Based on data from ATTOM and the Census, nearly two-thirds (68.7%) of homeowners have either paid off their mortgages or have at least ...

View More
Aug. 9, 2023

Where are people moving today and why

 

 

 
 

Plenty of people are still moving these days. And if you’re thinking of making a move yourself, you may be considering the inventory and affordability challenges in the housing market and wondering what you can do to help offset those. A new report from Gravy Analytics ...

View More
Aug. 2, 2023

5 Reasons to consider solar power

 

 

 

It’s summertime in Chicago, which has us thinking about catching some rays. But when it comes to owning a home, there are plenty of reasons to soak up the sun all year round thanks to the many environmental and financial benefits associated with solar energy.

Solar energy ...

View More
July 26, 2023

Comparing foreclosure numbers: 2008 vs 2023

 

 

 

 

If you’ve been keeping up with the news lately, you’ve probably come across headlines talking about the increase in foreclosures in today’s housing market. This may have left you with some uncertainty, especially if you’re considering buying a home. It’s important to understand the context of ...

View More
July 19, 2023

Explaining mortgage rate fluctuation

 

 

 

 

If you’re following mortgage rates because you know they impact your borrowing costs, you may be wondering what the future holds for them. Unfortunately, there’s no easy way to answer that question because mortgage rates are notoriously hard to forecast.  

But, there’s one thing that’s ...

View More
July 12, 2023

Momentum is building for new construction

 

The graph below uses data from the Census to show the trend of new-home completions over time, including the long-term average for the number of finished housing units (shown in black on the graph):

 

If you’re in the process of looking for a home today, you know the  ...

View More