4 Things To Expect from the Spring Housing Market
Spring is in full swing, and the housing market is picking up along with it. And if you’ve been wondering whether now is the right time to buy or sell, here’s the inside scoop on why this spring may be a great time to make your move. 1. There Are More Homes for Sale After... More
Rising Inventory Means This Spring Could Be the Time to Make a Move
Want to know two reasons this spring might finally be your time to buy? Inventory has grown and sellers may be more willing to negotiate as a result. That means you’ve got more options and more power than buyers have had in years. Let’s break it down. You Have More Homes To Choose From The... More
Should I Buy a Home Right Now? Experts Say Prices Are Only Going Up
At one point or another, you’ve probably heard someone say, “Yesterday was the best time to buy a home, but the next best time is today.” That’s because nationally, home values continue to rise. And with mortgage rates still stubbornly high and home prices going up, you may be holding out for prices to fall or... More
Is It Better To Rent or Buy a Home Today?
A study shows that 70% of prospective buyers fear the long-term consequences of renting. And here’s why. Rent usually rises over time and that can make it harder to save up to buy a home. But when you buy, you can stabilize your housing expenses and grow your net worth as home values rise. While... More
The Secret To Selling This Spring: Start the Prep Work Now
Spring is the busiest season in the housing market. It’s the time of year when buyers are most active – that means it’s when homes sell faster and for top dollar. If you’ve already got a move on your mind, why not list this spring and take advantage of the added buyer demand? Since spring is... More
Will There Be More Homes on the Market in Chicago in 2025?
As we approach 2025, many prospective buyers and sellers in the Chicagoland area are asking the same question: Will there be more homes on the market next year? The real estate market is shaped by a multitude of factors, including economic trends, interest rates, local policies, and buyer demand. Here’s an in-depth look at what... More
Debunking Scary Myths About Buying a Home
There are a number of scary myths about homebuying in today’s market. Here’s what you need to know: Prices are not expected to crash, it is possible to buy even with student loan debt, and there are programs that can help you save for a down payment. Connect with a Local Chicago Realtor Today Don’t... More
Buying Beats Renting in 22 Major U.S. Cities
That’s right—according to a recent study from Zillow, in 22 of the 50 largest metro areas, – including Chicago! – monthly mortgage payments are now lower than rent payments (see chart below): As mortgage rates have eased off their recent peak, home prices have moderated, and inventory has ticked up, affordability has improved significantly. When you add all of that up, it’s getting less... More
What Do Supply and Demand Tell Us About Today’s Housing Market?
There’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the current real estate market. Put simply, when demand for an item is high, prices rise. When the supply of the item increases, prices fall. Of course, when demand is very high and supply is very low, prices... More
Coming Soon For Sale: 2424 W Berteau Ave, Chicago, IL 60618 by IRPINO Real Estate
Coming Soon For Sale in North Center, Chicago Great investment opportunity to own this impeccably maintained 3 Flat at 2424 W Berteau Ave, Chicago, IL 60618 situated on 1.5 Lots in highly desired North Center and Top-Rated Waters School District. 8 Bed / 4 Bath Chicago 3 Flat The English Garden Unit, with Full-sized Windows,... More
