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...
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 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...
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...
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 buying your first home, you may not be thinking about building equity. After all, you have your hands full with the Chicago home search, the mortgage approval process and myriad closing details. Future equity doesn’t seem as important. Yet the perfect...
