Monthly Archives: August 2015

NAR’S Latest Existing Home Sales Report [INFOGRAPHIC]

  Some Highlights: Existing Home Sales are up 10.3% year-over-year across the country. Sales rose to an annual rate of 5.59 million marking the 10th month in a row of year-over-year gains Prices are up 5.6% year-over-year in the U.S. to a median price of $234,000 Marked the 41st consecutive month of year-over year price […]

Posted in Chicagoland Real Estate News | Leave a comment

Home Prices Up in 93% of Measurable Markets [INFOGRAPHIC]

  Some Highlights: The national median home price for Q2 is up 8.2% to $229,400 The income needed to afford the median home in each region is directly impacted by the amount of the down payment. The larger the down payment the lower the income needed to pay the monthly mortgage payment. The West led […]

Posted in Chicagoland Real Estate News | Leave a comment

Home Values: Where Are They Headed Over The Next 5 Years?

Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey.   Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment & market strategists about where prices are headed over the next five […]

Posted in Chicagoland Real Estate News, For Buyers, For Sellers, Homeownership, Housing Analysis, Housing Trends | Leave a comment

Where Are Mortgage Rates Headed? This Fall? Next Year?

The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. That is why it is important to look at where rates are headed when deciding to buy now or wait until next year. Below is a chart created […]

Posted in Chicagoland Real Estate News, For Buyers, Homeownership, Interest Rates | Leave a comment

Pending Home Sales Remain Strong In June

The National Association of REALTORS‘ Pending Home Sales Index is “a forward-looking indicator based on contract signings”. The higher the Pending Home Sales Index number, the more contracts have been signed by buyers that will soon translate to sales.   The latest index was released last week, with the headline: Pending Home Sales Dip in […]

Posted in Chicagoland Real Estate News, For Buyers, Housing Analysis, Housing Trends | Leave a comment

Selling Your Home? Price It Right From the Start!

In today’s market, where demand is outpacing supply in many regions of the country, pricing a house is one of the biggest challenges real estate professionals face. Sellers often want to price their home higher than recommended, and many agents go along with the idea to keep their clients happy. However, the best agents realize […]

Posted in Chicagoland Real Estate News, For Buyers, For Sellers | Leave a comment
  • Subscribe to Blog

    Enter your email address to subscribe to this blog and receive notifications of new posts by email.

  • Facebook Biz Page