Tag: Home Buyers

Posted on 05/29/2024
How Do Climate Risks Affect Your Next Home?
Climate change is impacting where people buy homes. As the experts at the National Association of Realtors (NAR) explain: “Sixty-three percent of people who have moved since the pandemic began say they believe climate change is—or will be—an issue in the place they currently live.” If you’re planning to move, climate change is something you might want to...
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Posted on 05/27/2024
How VA Loans Can Help You Buy a Home
For over 80 years, Veterans Affairs (VA) home loans have helped millions of veterans buy their own homes. If you or someone you know has served in the military, it's important to learn about this program and its benefits. Here are some key things to know about VA loans before buying a home. Top Benefits of VA Home...
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Posted on 05/22/2024
Worried About Home Maintenance Costs? Consider This
If one of the main reasons you’re hesitant to buy a home is because you’re worried about the upkeep, here’s some information you may find interesting on both new home construction and existing homes (a home that’s been lived in by a previous owner). Newly Built Homes Need Less Upfront Maintenance If you can afford it, you may...
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Posted on 05/21/2024
What’s Next for Home Prices and Mortgage Rates?
If you’re thinking of making a move this year, there are two housing market factors that are probably on your mind: home prices and mortgage rates. You’re wondering what’s going to happen next. And if it’s worth it to move now, or better to wait it out. The only thing you can really do is make the best...
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Posted on 05/20/2024
Why a Condo May Be a Great Option for Your First Home
Having a hard time finding a first home that's right for you and your wallet? Well, here's a tip – think about condominiums, or condos for short. They're usually smaller than single-family homes, but that's exactly why they can be easier on your budget. According to the latest data from the National Association of Realtors (NAR), condos are...
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Posted on 05/16/2024
Home Prices Are Climbing Up
Thinking about buying a home or selling your current one to find a better fit? If so, you might be wondering what's going on with home prices these days. Here's the scoop. The latest national data from Case Schiller and the Federal Housing Finance Agency (FHFA) shows they’re going up (see graph below): As you can see, home...
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Posted on 05/08/2024
How Buying or Selling a Home Benefits Your Community
If you're thinking of buying or selling a house, it's important to know it doesn't just impact you—it helps out the local economy and your community, too. Every year, the National Association of Realtors (NAR) puts out a report that breaks down the financial impact that comes from people buying and selling homes (see visual below): When a...
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Posted on 05/07/2024
Tips for Younger Homebuyers: How To Make Your Dream a Reality
If you’re a member of a younger generation, like Gen Z, you may be asking the question: Will I ever be able to buy a home? And chances are, you’re worried that’s not going to be in the cards with inflation, rising home prices, mortgage rates, and more seemingly stacked against you. While there’s no arguing this housing...
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Posted on 05/04/2024
Builders Are Building Smaller Homes
Having a hard time finding a home in your budget? Builders may have a solution that can help. Builders are shifting their attention to what buyers want most right now – smaller, more affordable homes. If you want to see what’s available locally and in other areas nearby, let’s connect and explore your options together....
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Posted on 05/01/2024
What You Can Buy Around Chicago for $2 Million
How much house can you buy with $2 million in the Chicago area? With an impressive budget of around $2 million, buyers can expect to have their pick of upscale homes featuring lavish amenities, coveted Lake Michigan or skyline views, and more. And despite higher borrowing costs at the outset of the 2024, the real estate market is...
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Posted on 04/24/2024
The Best Way To Keep Track of Mortgage Rate Trends
If you’re thinking about buying a home, chances are you’ve got mortgage rates on your mind. You’ve heard about how they impact how much you can afford in your monthly mortgage payment, and you want to make sure you’re factoring that in as you plan your move. The problem is, with all the headlines in the news about...
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Posted on 04/19/2024
Myths About the 2024 Housing Market
When it comes to the current housing market, there are some myths circling around right now. Some of the more common ones are that it’s better to wait for mortgage rates to fall or prices to crash. But there are others about the supply of homes for sale and down payments. Let’s connect so you have an expert...
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