Thanksgiving

Aug. 31, 2022

Are the bidding wars over?

One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it drove home ...

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Nov. 24, 2021

Are home sales about to surge... in Winter

 

Like most industries, residential real estate has a seasonality to it. For example, toy stores sell more toys in October, November, and December than they do in any other three-month span throughout the year. More cars are sold in the U.S. during the second quarter (April, May, and ...

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Feb. 10, 2021

Valentines Day Love

 

 

By now, you’ve probably got the whole at-home celebration thing down to a science. But if you’ve found yourself fresh out of ideas for Valentine’s Day, we’re here to help. Whether you are spending the day solo or with a loved one, here’s how you can enjoy the ...

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Nov. 25, 2020

Once in a lifetime low rates

 

 

Average mortgage rates have dipped below 3% for 18 consecutive weeks

 

The average U.S. mortgage rate for a 30-year fixed loan remained unchanged at 2.72% this week, Freddie Mac said in a report on Thursday – the second week in a row rates have sat at the ...

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Nov. 18, 2020

Support local businesses

 

 

Locally owned businesses are the heart of our communities. So with the season of giving upon us, there’s never been a better time to show your support to small businesses in your neighborhood or suburb. Here are a few ways you can do that during the holidays:

  ...

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Nov. 11, 2020

What will Biden do for housing?

 

 

This week, Robert Broeksmit, the president and CEO of the Mortgage Bankers Association, joins the Housing News Podcast to discuss the association’s regulatory priorities for 2021 and what goals it hopes to achieve under a Biden administration.

During the interview, Broeksmit also discusses what could happen if ...

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Jan. 29, 2020

Mortgage rates close in on all-time lows

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Mortgage rates have dropped this week, with 30-year fixed-rate mortgages averaging 3.60% — down from 3.65% a week ago, Freddie Mac reported Thursday. Last week, rates were little changed.

The 30-year average is the lowest since early October and is moving closer to the ...

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Jan. 22, 2020

For the First-Time Home Buyer: FAQs Answered

 

Image result for first time home buyer

 

 

After saving up diligently for years, it’s finally time to purchase your very first home. A first-time home purchase is a big milestone, and one to truly celebrate and cherish. But it’s also a decision that requires careful research.

 

While there may be a litany of ...

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Jan. 15, 2020

Chicago 2020 Forecast

 

2020 housing market predictions - realtor.com

 

2020 Housing Market Predictions

National Forecast 2020: Search for balance

– Home price growth will flatten, with a forecasted increase of 0.8 percent
– Inventory will remain constrained, especially at the entry-level price segment
– Mortgage rates are likely to bump up to 3.88 percent ...

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Jan. 8, 2020

5 Real Estate Pricing Myths Sellers Need to Know

When it comes to selling homes, the price is very often the “hot topic” whether you are the seller or buyer. The process involved in determining the appropriate listing price isn’t always what one might think, though.

In fact, it ultimately comes down to a position within the existing competition ...

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