StartingPoint Realty Blog
Chicago Suburbs See Home Buying Surge
Chicago area home buyers displayed a preference for suburban homes during 2020, and the trend will probably stick around for a while. Here's a look at what 2021 will bring for home buyers! Suburban home buying competition. As urban events and attractions shut down and...
Chicago Needs More Home Sellers in 2021!
While Chicago home buyers snapped up available properties, median home prices posted a year-over-year increase. The median home price in the Chicago Metro area reached $274,050 in October 2020, representing a 14.2% gain from October 2019.
Chicago Area Home Sales Keep a Fast Pace
Chicago Area Home Sales Keep a Fast Pace Chicago area home buyers are staying determined! The latest home sales report from Illinois REALTORS© shows robust September sales activity. Here’s how Chicago area home prices shaped up! The Chicago Metro’s median home price...
Bigger is Better for Chicago Suburban Home Buyers
Pandemic-induced home preferences are driving more buyers to the 'burbs. With work-from-home sticking around, and remote learning offered at most schools, Chicago home buyers need square footage like never before. Yard space has also become more important to home...
Chicago Area Real Estate Sees Busy Summer
Chicago area real estate didn’t stop for anything this summer. Despite a season of negative headlines and economic uncertainty, we have busy transaction volumes and higher home prices
Millennial Home Buyers Fare Better in Chicago
Millennial home buyers have struggled against high student debt loads, rising home prices, the Great Recession and now the pandemic. But here in Chicago, Millennial home buyers are doing better than most of their counterparts around the country. This insight...
Chicago Home Buyers Should Look for Homes with Potential
Chicago home buyers haven't had it easy. Home prices have been rising while home inventory has been shrinking. When a home in your price range becomes available, being too picky can mean missing out on the opportunity to become a homeowner. This doesn't mean you...
Chicago Home Sales Picking Up the Pace
The Chicago real estate market has been surprisingly stable despite the tumultuous first half of 2020. So far, first-time home buyers are looking at conditions that aren't too different from a year ago. If anything, the market appears to be moving quicker! ...
Chicago Home Buyers are Staying in the Market
Chicago home buyers haven't let the pandemic discourage them from home ownership! During the month of April, we continued to write new purchase offers. Meanwhile, most of our transactions from March have closed or are on schedule to do so. Only two of our contracts...
Chicago Home Buyers Face Fast-Changing Market
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...
The Peak Chicago Home Buying Season is Here!
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!
New Credit Score Tips for Chicago Home Buyers
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 when FICO changes up...
What Chicago Home Buyers Can Expect in 2020
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...
Plan Now for Your Chicago Home Purchase
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 make your home...