Monthly Archives: April 2016

Home Prices Are Up…but there is a Challenge

Home values continue to climb and are projected to increase by about 5% over the next twelve months. That is great news for anyone who owns a home. However, it could present a challenge for a family trying to sell their house. If prices are surging, it is difficult for appraisers to find adequate, comparable […]

Posted in Chicagoland Real Estate News | Leave a comment

The Top Reasons Why Americans Buy Homes

Last week, the inaugural “Homebuyer Insights Report” was released by the Bank of America. The report revealed the reasons why consumers purchase homes and what their feelings are regarding homeownership. Consumer Lending Executive, D. Steve Boland, explained: “Homebuyers today are motivated by both emotional and practical reasons. Nearly all want more space, but a majority […]

Posted in Chicagoland Real Estate News | Leave a comment

Over Half of Americans Planning on Buying in the Next 5 Years

According to the BMO Harris Bank Home Buying Report, 52% of Americans say they are likely to buy a home in the next five years. Americans surveyed for the report said that they would be willing to pay an average of $296,000 for a home and would average a 21% down payment. The report also […]

Posted in Chicagoland Real Estate News | Leave a comment

Rent or Buy: Either Way You’re Paying A Mortgage

There are some renters that have not yet purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage – either your mortgage or your landlord’s. As The Joint Center for Housing Studies at […]

Posted in Chicagoland Real Estate News | Leave a comment

Don’t Be Fooled… Homeownership Is A Great Investment! [INFOGRAPHIC]

  Some Highlights: Harvard University’s Joint Center of Housing Studies recently released the top financial & emotional reasons to own a home. Owning is a good way to build up wealth that can be passed along to your family as it is usually a form of “forced savings.” You’re paying for a house whether you […]

Posted in Chicagoland Real Estate News | 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