Tag: Buyers

Posted on 10/22/2021
Homes Are Less Affordable, Not Unaffordable
It’s impossible to research the subject of buying a home without coming across a headline declaring that the fall in home affordability is a crisis. However, when we add context to the most recent affordability statistics, we soon realize that, though homes are less affordable than they have been over the last few years, they are more affordable...
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Posted on 09/22/2021
Do You Need 20% for a Down Payment to Buy a Home?
There’s a common misconception that, as a homebuyer, you need to come up with 20% of the total sale price for your down payment. In fact, a recent survey by Lending Tree asks what is keeping consumers from purchasing a home. For over half of those surveyed, the ability to afford a down payment is the biggest hurdle....
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Posted on 08/05/2021
Buyers Now Prefer Existing Homes
Surprising Shift Favors Homeowners: Buyers Now Prefer Existing Homes In April, the National Association of Home Builders (NAHB) posted an article, Home Buyers’ Preferences Shift Towards New Construction, which reported: “60% of people who were looking to buy a home in 2020 said they’d prefer new construction to an existing home.” However, it seems buyers are now shifting...
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Posted on 07/23/2021
More Options for Buyers
The Real Estate market is starting to ease. Inventory levels are starting to rise, and it is taking longer for homes to sell. If you are a buyer in this marketplace, you will see more homes starting to go for sale. More homes on the market mean more choices for buyers. With more homes on the market rapid...
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Posted on 06/30/2021
Buffalos in Chicago
It's a bird; it’s a plane, its super buffalo. I'm just kidding. We were showing homes in Buffalo Grove. We came across this replica of a buffalo; of course it’s in Buffalo Grove. Looks like he is enjoying those flowers. :) We are experts in Real Estate for Chicago, but we also work in the suburbs too. Whether...
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