by Ryan Gable | Apr 14, 2018 | Blogs, Home Buyer, In The News
Higher home prices and rising interest rates have caused more home buyers to increase their debt loads, according to recent studies by CoreLogic and Arch Mortgage Insurance. While this isn’t surprising news, the trend is causing concern among industry analysts. ...
by StartingPoint Realty | Jul 20, 2017 | Blogs, Home Buyer, In The News
Single-family home prices in Chicago are reaching levels not seen since 2007, according to a recent article in Crain’s Chicago Business. Median sale prices reached $260,000 in June, and are closing in on the record high of $275,000 set nearly 10 years ago....
by StartingPoint Realty | Jun 23, 2017 | Blogs, First Time Home Buyer, In The News
With all the news about rising home prices, Chicago home buyers might be surprised by the number of distressed properties that still exist in our area. The USA Today recently reported that Chicago held the highest number of negative equity homes in the country, based...
by StartingPoint Realty | Apr 20, 2017 | Blogs, In The News
Buying a Chicago home isn’t getting any cheaper, according to the latest market data from HousingWire and the Illinois Association of Realtors®. Tight home inventory continues to pressure home prices, and the conditions are likely to hold for months to come. Here’s a...
by Rachel Shattuck | Mar 24, 2017 | Blogs, In The News
Forget all the cliché’s about Millennials living in their parents basements, or happily renting oversized closets in urban cores. We’re here to tell you that young adults are indeed becoming homeowners! We’ve it seen for a long time at StartingPoint Realty, but now...
by Rachel Shattuck | Mar 9, 2017 | Blogs, First Time Home Buyer, In The News
A record number of Americans are feeling confident about the real estate market, according to the latest Fannie Mae Home Purchase Sentiment Index® (HPSI). In February 2017, the HPSI increased to a new, all-time high at 88.3%! The growth in consumer optimism in housing...
