by Home Buyer Agents | Sep 21, 2024 | Chicagoland Real Estate Information
Mortgage Rates Drop to the 5s: What It Means for You Mortgage rates have steadily declined over the past few months,with the 30-year mortgage rate falling by more than 1.0% sinceApril 2024, bringing rates to their lowest levels since February 2023. As of today,...
by Home Buyer Agents | Aug 29, 2024 | Chicagoland Real Estate Information
Scorching Summer Real Estate: 3 Things You Need to Know Home Prices Scorch Inflation Inflation is slowing but home prices have been vigorous, running higher than inflation.In Chicago proper, home prices in June were up 7%, according to data from the...
by Home Buyer Agents | Aug 21, 2024 | Chicagoland Real Estate Information
6 Trends You Must Know About The Chicago Real Estate Market Mortgage Rates Fell- Lowest in More Than a Year Mortgage rates dropped to a 15-month low this week, prompting a flurry of refinancing activity, although buying a home will likely remain tough for a while. ...
by Home Buyer Agents | Jul 24, 2024 | Chicagoland Real Estate Information
More of Same: No Inventory, Higher Prices, Affordability All-Time Low Nationwide Real Estate Stats for June 2024 U.S. existing-home sales declined for the third consecutive month, as higher mortgage rates and rising sales prices hindered market activity during what...
by Home Buyer Agents | Jul 24, 2024 | Chicagoland Real Estate Information, General Updates
Home Buying Changes in one Month I take calls every day from prospective clients, and to my surprise most have never heard of the NAR settlement. Since it impacts the entire real estate transaction (not only in Chicago but nationwide), I must spell it out...