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...
If you’re buying a Chicago home that needs some work, or making upgrades on a Chicago home you wish to sell, there are several ways to finance the improvements. Here’s a look at your options! Chicago area home buyers, let’s start with you! If...
Chicago’s spring real estate market was hot! Hot enough that April median home prices increased 10.2% compared to April 2020. Homes in the city of Chicago spent an average of 74 days on market, meaning homes sold about 8.6% faster than last year. With the median...
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...