Your Chicago home buying power involves four main things: your income, your down payment, your credit score and your outstanding debt. Even if your debt load is well-managed, it can reduce your home buying power. As far as mortgage lenders are concerned, the more...
If you’re buying a Chicago home that needs some work, or making upgrades on a Chicago home you wish to sell, there are several ways to finance the improvements. Here’s a look at your options! Chicago area home buyers, let’s start with you! If...
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...
