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®,...
If you plan to buy a Chicago area home in 2023, the first rule is to be prepared. Here’s how to get ready for home buying, and keep your purchase power at its best! 1. Attend a free home buying seminar with StartingPoint Realty. We share the how-to’s of home buying,...
