Home prices in the Chicago suburbs have been rising month-over-month since May 2023. According to market data from the Mainstreet Organization of REALTORS®, a low inventory of Chicago area homes for sale continues to pressure home prices. This was the story for home...
What can Chicago home buyers do when mortgage interest rates are over 7%? Strategize! Waiting for the market you want isn’t realistic. By the time rates come down, home prices will be higher, and your home buying competition could be worse. Your best option is...
At StartingPoint Realty, we understand that buying your first home can feel like a daunting task. That’s why we’re here to provide you with essential tips to help you navigate the real estate market with confidence and ease. Whether you’re a...
Imagine you’ve applied for a mortgage for your Chicago home purchase. You might feel confident after walking through an online mortgage pre-qualifier. You have good credit, a good employment record, steady income, and a down payment in the bank. According to...
There’s an old saying in real estate: “The best time to buy a home was five years ago.” Or even one year ago! But right now, Chicago’s home affordability is at its worst level since 2008, with median home prices rising 9.6% from a year ago....
Home buyers in Chicago continue to deal with competition in the market. Here are quick tips to make your purchase offer stand above the rest! 1. Get a mortgage pre-approval from a local, reliable mortgage company with a good reputation for closing on time. 2....
