With mortgage interest rates hitting record lows so many times recently, some are wondering if we’ll see low rates continue throughout 2021, or if they’ll start to rise. Recently, Freddie Mac released their quarterly forecast, noting: “The average 30-year fixed-rate mortgage hit a record low over a dozen times in 2020 and the low interest rate environment is projected […]
Category Archives: Buy A House
Home Values Projected to Keep Rising
As we enter the final months of 2020 and continue to work through the challenges this year has brought, some of us wonder what impact continued economic uncertainty could have on home prices. Looking at the big picture, the rules of supply and demand will give us the clearest idea of what is to come. […]
The Real Estate Industry Shines Brighter!
What our trusted partners have to say: In the Chicago area real estate market, we are of course seeing some changes in buying behavior with Stay-at-Home orders in place for Illinois. However, we are not seeing the huge drop-off in market activity or prices that many thought would be happening. Rather, we are seeing a […]
Why Rental Properties Make Great Investments
Everybody is on the hunt for the perfect investment. We want minimal risk, high returns and easy management. What we don’t realize is that those are hard to come by. Instead of constantly searching for the perfect investment you should look for something more easily attainable. A rental property is undoubtedly the best long-term investment currently available […]
Your Pre-Approval Letter and why it’s important.
If you plan on buying a home in the Greater Chicago area this year, you can’t escape having to get a mortgage pre-approval letter but be careful when you do… It doesn’t matter what Illinois County you are buying a home in. Unless you have all cash for your purchase, you probably won’t get to […]
Housing Still The Best Investment Tool Of A Lifetime
Many people are still wondering whether or not real estate is one of the best investment strategies for long-term wealth building. Is investing in homes still a smart investment for the average individual? Is a home still the best investment of a lifetime for most Americans? If so, why are some pessimists still questioning the rebound […]