Tag: Real Estate

Posted on 06/14/2023
Buying A Home Sight Unseen
Back in 2020, the convergence of virtual technology and the COVID-19 pandemic resulted in a big increase in sight-unseen homebuying. According to the National Association of REALTORS® (NAR), during the first few months of the pandemic, 1 in 20 buyers purchased a property without ever setting foot inside. But while the pandemic is over, it looks like the...
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Posted on 06/06/2023
Real Estate Is Still Considered the Best Long-Term Investment
With all the headlines circulating about home prices and rising mortgage rates, you may wonder if it still makes sense to invest in homeownership right now. A recent poll from Gallup shows the answer is yes. In fact, real estate was voted the best long-term investment for the 11th consecutive year, consistently beating other investment types like gold,...
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Posted on 04/30/2023
Why Today's Foreclosure Numbers Are Nothing Like 2008
You’ve likely seen headlines about the number of foreclosures climbing in today’s housing market. That may leave you with a few questions, especially if you’re thinking about buying a house. Understanding what they really mean is mission-critical if you want to know the truth about what’s happening today. According to a recent report from ATTOM, a property data...
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Posted on 04/20/2023
Six Tips for First-Time Investment Property Buyers
As soon as they get their first taste of homeownership, a lot of homebuyers start to think about expanding their real estate portfolio by purchasing an investment property. Owning investment real estate, whether a small apartment building, retail center, or single-tenant property, is an excellent way to diversify your income and build wealth. However, for first-time investors, the...
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Posted on 04/07/2023
Trying To Buy a Home? Hang in There.
We’re still in a sellers’ market. And if you’re looking to buy a home, that means you’re likely facing some unique challenges, like difficulty finding a home and volatile mortgage rates. But keep in mind, there are some benefits to being a buyer in today’s market that give you good reason to stick with your search. Here are...
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Posted on 04/04/2023
Two Reasons You Should Sell Your House
Wondering if you should sell your house this year? As you make your decision, think about what’s motivating you to consider moving. A recent survey from realtor.com asked why homeowners are thinking about selling their houses this year. Here are the top two reasons (see graphic below): Let’s break those reasons down and explore how they might resonate...
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Posted on 03/25/2023
Working from home-Home office ideas
Just when you thought it was safe to go back to the office, the Illinois Department of Transportation launches a 3-year construction project on the Kennedy Expressway, and suddenly those downtown workers from points north and northwest, who had slowly been returning to the office, made one big collective U-turn. In reality, remote and hybrid work has become...
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Posted on 03/18/2023
How is the Real Estate Market?
Do you need an update on the current real estate market? We are always researching and analyzing market data to give you the best information on the ever changing real estate market.As your local expert and trusted resource for real estate, we explain and give you insight into current buying and selling trends. Call or message me if...
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Posted on 03/13/2023
Navigate Your Home Sale or Purchase From Contract to Close
Whether you’re buying or selling a home, there are a number of important tasks to perform from the moment the contract is signed to the day you close (and beyond). It’s a lot to keep track of, and that’s why @properties Christie’s International Real Estate launched Closing Milestones, a digital portal that helps our clients navigate the transaction...
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Posted on 02/27/2023
One Major Benefit of Investing in a Home
One of the many reasons to buy a home is that it’s a major way to build wealth and gain financial stability. According to Freddie Mac: “Building equity through your monthly principal payments and appreciation is a critical part of homeownership that can help you create financial stability.” With spring approaching, now’s a great time to consider if...
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Posted on 02/06/2023
6 Ways to Maximize the Tax Benefits of Homeownership
There are many benefits to owning a home, including the stability, security, and sense of place it gives individuals and families. Of course, beyond these intangible benefits are the tangible financial advantages homeowners can realize on an annual basis and over time. As tax season approaches, here is a rundown of the main tax benefits of homeownership. Talk...
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Posted on 01/17/2023
Think Twice Before Waiting for 3% Mortgage Rates
Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and some decided to press pause on their...
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