Category Archives: Move-Up Buyers

Gap Between Homeowner’s & Appraiser’s Opinions Widen

In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. One major challenge in such a market is the bank appraisal. If prices are surging, it is difficult for appraisers to find adequate, comparable sales (similar houses in the neighborhood that closed recently) to defend the […]

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

Mortgage Rates Again at Historic Lows

Just two weeks ago, we posted an article discussing where mortgage interest rates may be heading over the next twelve months. We quoted projections from Fannie Mae, Freddie Mac, the Mortgage Bankers’ Association and the National Association of Realtors. Each predicted that rates would begin to rise slowly and steadily throughout 2016. However, shaky economic […]

Also posted in Chicagoland Real Estate News, FHA Loans, For Buyers, Mortgage Guidelines, Mortgage Rates | Leave a comment

Final 2015 Housing Numbers Now In

Many have questioned the stability of certain sectors of the U.S. Economy, one section in particular is the housing market. Today we would like to share how the experts feel about how we ended 2015 and where they think we are headed in 2016. How did we do in 2015?   The National Association of […]

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

Where Will Home Prices Be Next Year? [INFOGRAPHIC]

  Some interesting facts: 25 states are forecasted to achieve higher levels of appreciation in the next 12 months than already achieved in the last year. 25 state and the District of Columbia are forecasted to experience a slow in appreciation. All 50 states & D.C. are forecasted to achieve some level of positive price […]

Also posted in Chicagoland Real Estate News, For Buyers, For Sellers, Housing Trends | Leave a comment

First-Time Homebuyers Lead the Way in May

The National Association of Realtors’ (NAR) latest Existing Home Sales Report revealed that first time homebuyers made up 32% of all sales in the month of May; marking the highest share since September 2012 and up from 27% the same time last year. NAR’s Chief Economist, Lawrence Yun, cited “strong job gains among young adults, […]

Also posted in Chicagoland Real Estate News, For Buyers, Homeownership, Housing Analysis | 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