Tag: Real Estate

Posted on 02/04/2022
The Top Indicator if You Want To Know Where Mortgage Rates Are Heading
Mortgage rates have increased significantly since the beginning of the year. Each Thursday, Freddie Mac releases its Primary Mortgage Market Survey. According to the latest survey, the average 30-year fixed-rate mortgage has risen from 3.22% at the start of the year to 3.55% as of last week. This is important to note because any increase in mortgage rates...
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Posted on 02/02/2022
Why a Move Could Bring You More Happiness This Year
Today we are having a blast of snow and cold in Chicago. Some people may think about making a move. Over the past two years, we’ve lived through one of the most stressful periods in recent history. Because of the health crisis, many of us have spent more time at home and that’s led us to re-evaluate both...
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Posted on 02/01/2022
Owning Is More Affordable than Renting in the Majority of the Country
If you were thinking about buying a home this year, but already pressed pause on your plans due to rising home prices and increasing mortgage rates, there’s something you should consider. According to the latest report from ATTOM Data, owning a home is more affordable than renting in the majority of the country. The 2022 Rental Affordability Report...
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Posted on 01/30/2022
Why Right Now Is a Once-in-a-Lifetime Opportunity for Sellers
If you’re thinking about selling your house in 2022, you truly have a once-in-a-lifetime opportunity at your fingertips. When selling anything, you always hope for strong demand for the item coupled with a limited supply. That maximizes your leverage when you’re negotiating the sale. Home sellers are in that exact situation right now. Here’s why. Demand Is Very...
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Posted on 01/22/2022
With Mortgage Rates Climbing, Now’s the Time To Act
Last week, the average 30-year fixed mortgage rate from Freddie Mac jumped from 3.22% to 3.45%. That’s the highest point it’s been in almost two years. If you’re thinking about buying a home, this news may have come as a bit of a shock. But the truth is, it wasn’t entirely unexpected. Experts have been calling for rates...
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Posted on 01/21/2022
Happy Friday
Happy Friday Everyone! You do want to stay cool, or maybe stay warm. It's chilly out there. Temperatures are in the mid-twenties today. We will be working this weekend. We have to show some properties. If you need anything, give us a call....
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Posted on 01/21/2022
Home Sellers: Don’t Wait Until Spring To Make Your Move
As you plan out your goals for the year, moving up to your dream home may top the list. But, how do you know when to make your move? You want to time it just right so you can get the most out of the sale of your current house. You also want to know you’re making a...
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Posted on 01/16/2022
What’s Going To Happen with Home Prices in 2022?
After almost two years of double-digit increases, many experts thought home price appreciation would decelerate or happen at a slower pace in the last quarter of 2021. However, the latest Home Price Insights Report from CoreLogic indicates while prices may have plateaued, appreciation has definitely not slowed. The following graph shows year-over-year appreciation throughout 2021. December data has...
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Posted on 01/12/2022
How To Hit Your Homebuying Goals This Year
If you’re looking to buy a home, you may want to put these items on your to-do list to ensure you hit your goals. It’s important to start working on your credit and saving for a down payment early. When you’re ready to begin your search, work with a real estate professional and get pre-approved so you know...
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Posted on 01/07/2022
Why Waiting To Sell Your House Could Cost You Money
Many homeowners who plan to sell in 2022 may think the wise thing to do is to wait for the spring buying market since historically about 40% of home sales occur between April and July. However, this year’s expected to be much different than the norm. Here are five reasons to list your house now rather than waiting...
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Posted on 01/03/2022
What are Your Real Estate Goals for 2022?
What are your plans for 2022? Are you thinking about buying or selling a home? Curious about home values in your neighborhood, or what's going on in the Real Estate marketplace. For the latest news and market trends, give us a call or send us an email to: [email protected]...
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Posted on 12/21/2021
The Average Homeowner Gained $56,700 in Equity over the Past Year
When you think of homeownership, what’s the first thing that comes to mind? Chances are you might focus on the non-financial benefits, like the security or stability a home provides. But what about equity? While it can be overlooked, a homeowner’s equity helps build long-term wealth over time. Here’s a look at what equity is and why it...
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