Why Buying a Home Makes More Sense Than Renting Today
Wondering if you should continue renting or if you should buy a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because, historically, rents trend up over time. Data from the Census shows rents have been climbing pretty steadily since 1988. And, data from the latest rental report from Realtor.com shows rents continue to grow... More
Your Local Realtor for the City of Chicago and the Chicago Suburbs
The Chicago Spring Market is here! And with many buyers and sellers looking to make a move in the Chicagoland area, we wanted to share some important information about our Chicago Brokerage with you. IRPINO Real Estate Covers the City & the Chicago Suburbs We work not only in the city of Chicago, but we... More
Buying a Home May Make More Sense Than Renting [INFOGRAPHIC]
If you’re trying to decide whether to rent or buy a home, there are a few things you should consider. Homeownership can help you escape the cycle of rising rents in Chicago, builds your wealth, and serves as a hedge against inflation. Are You Ready to Buy Your First Chicago Home? If you’re ready to take advantage of the benefits of homeownership, let’s connect to explore your options.... More
IRPINO Real Estate’s 2022 Annual Report: State of the Chicagoland Real Estate Market
We are so excited to provide you with something of significant value — our 2022 Annual Report for the Chicago Real Estate Market. Here at IRPINO Real Estate in Chicago, we are proud to not only be your local Uptown, Chicago real estate broker, but also a knowledge broker providing helpful information about the state... More
Pre-Approval in 2023: What You Need To Know
One of the first steps in your homebuying journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you. Business Insider explains: “In a preapproval [sic], the lender tells you which types of loans you may be eligible to take out, how much you may be approved to... More
Do I Really Need a 20% Down Payment to Buy a Home?
Is the idea of saving for a down payment holding you back from buying a home right now? You may be eager to take advantage of today’s low mortgage rates, but the thought of needing a large down payment might make you want to pump the brakes. Today, there’s still a common myth that you have to... More
What Does the Rest of the Year Hold for Home Prices?
Whether you’re a potential homebuyer, seller, or both, you probably want to know: will home prices fall this year? Let’s break down what’s happening with home prices, where experts say they’re headed, and why this matters for your homeownership goals. Last Year’s Rapid Home Price Growth Wasn’t the Norm In 2021, home prices appreciated quickly. One reason why is that record-low... More
Three Reasons To Buy a Home in Today’s Shifting Market [INFOGRAPHIC] | IRPINO Real Estate
Some Highlights The housing market is moving away from the frenzy of the past year and it’s opening doors for you if you’re thinking about buying a home. Housing inventory is increasing, which means more options for your search. Plus, the intensity of bidding wars may ease as buyer demand moderates, leading to fewer homes selling above asking price. If you’re ready to... More
Expert Housing Market Forecasts for the Second Half of the Year
The housing market is at a turning point, and if you’re thinking of buying or selling a home, that may leave you wondering: is it still a good time to buy a home? Should I make a move this year? To help answer those questions, let’s turn to the experts for projections on what the second half of the... More
What Does the Rest of the Year Hold for the Housing Market?
If you’re thinking of buying or selling a house, you’re at an exciting decision point. And anytime you make a big decision like that, one thing you should always consider is timing. So, what does the rest of the year hold for the housing market? Here’s what experts have to say. The Number of Homes Available for Sale Is... More
