During your Chicago home search, you’ll probably face some competition for certain properties. Here’s how to make a standout offer and be memorable to sellers! 1. If you aren’t paying cash, Conventional financing is the next best thing....
Chicago area townhomes and condos are hip and trendy once again! September data from the Mainstreet Organization of REALTORS® shows an 11% increase in attached home prices on a year-over-year basis. Contract activity for attached homes increased 5.1% from September...
The Chicago real estate market can change as fast as the weather. During August, single-family homes sold at a good clip, averaging just 21 days on the market. Median prices for detached, single-family homes increased by 10% compared to August 2020. Condos and...
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...
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...
The Chicago and suburban real estate market is tough for first-time home buyers these days. The lack of listings has forced home prices higher, and caused homes to sell faster! Yet the basics of the home buying process are still critically important. Without them, you...