Rising home sale prices are boosting equity value for Chicago homeowners. CoreLogic reports that Illinois homeowners saw an average gain in equity of 14% from first quarter 2020 to first quarter 2021. However, when it comes to home equity, a rising tide doesn’t...
Chicago’s spring real estate market was hot! Hot enough that April median home prices increased 10.2% compared to April 2020. Homes in the city of Chicago spent an average of 74 days on market, meaning homes sold about 8.6% faster than last year. With the median...
Finding the right place to call home during your Chicago home search can be tricky. The pickings can be slim in your price range, and the fast pace of the market requires quick decisions. Yet by keeping your top priorities in mind, you can be confident of finding the...
The Chicago and suburban real estate market is tough for first-time home buyers these days. The lack of listings has forced home prices higher, and caused homes to sell faster! Yet the basics of the home buying process are still critically important. Without them, you...
Chicago area home prices aren’t as steep as other major cities. But for some first-time homebuyers, they’re still too expensive. According to a recent study by ApartmentList, published in the Chicago Tribune, about 1 in 5 millennial renters are quitting...
