A lot can happen in a month. In February, the Chicago real estate market was gearing up for a busy spring, with median home prices showing a 6.6% increase from a year ago. But during March, optimism faded as the spread of COVID-19 disrupted everything. At the time of...
If you’re waiting for spring to buy your first Chicago home, stop waiting! Springtime home shopping is an outdated tradition, and following the herd could cost you opportunities. Here’s a few reasons why! The tradition of spring and summer home...
For first-time Chicago home buyers, good credit is a must. Your credit score affects the mortgage offers you’ll receive, and affects how much you’ll pay for homeowner’s insurance, too! But creating and keeping good credit can be tricky, especially...
Chicago real estate had a pretty good year during 2019! On a year-over-year basis, median single-family home prices increased by 4.0% as of November 2019. Homes spent an average of 43 days on market, setting a brisk pace for sales in entry-level price ranges. But...
If you’re hoping to buy your first Chicago home in the upcoming year or so, you should start planning today! Home buying isn’t an overnight process, and the better prepared you are, the better your chances of success. Here are steps you can take now to...