Real estate scams affect home buyers and homeowners in the Chicago area and around the country. These scams happen year-around, but they increase during the summer when transaction volumes are high and people are busy. Here are examples of ongoing scams and how to...
If you’ve never heard of a mortgage buydown, it’s worth learning about! A mortgage buydown reduces your financing costs by temporarily lowering the interest rate. This perk may be offered by Chicago area home builders, or other sellers, as a purchase...
Bidding wars are back in popular neighborhoods as Chicago area home buyers compete for limited inventory. Available housing inventory in February 2023 totaled 17,684 homes for sale, representing a drop of 11.4% from February 2022. As of March 2023, home inventory...
We often talk about avoiding buyer’s remorse, but home sellers can feel regrets, too! In both cases, feeling post-transaction remorse can involve a lack of information, or a rushed decision. However, there are certain regrets that surround the home sales price...
Statistically, Chicago area home sales activity has declined, but home buyers are very active in the market. Here’s a look at the sales trends, along with our advice for Chicagoland buyers and sellers! According to the Mainstreet Organization of REALTORS®,...