Everyone seems to have opinions on real estate that they're eager to share, and you should take all of it with a grain of salt. There's a lot of bad advice around, and even the smartest ideas don't apply to every situation.
Purchasing a home can be one of life's most exciting adventures — but it's also an incredibly stressful time, especially if you're a first-time homebuyer. It's easy to make these rookie mistakes when going through this process, but thankfully we're here to help with this handy roadmap so you can avoid these common mis...
In an era of high inflation and global uncertainty, finding the right investments to protect the value of your wealth is critical. As a result, investment experts often recommend holding real property as a potential...
There can be no denying that we are living in a time of tremendous global uncertainty. And in our ever-changing world, this uncertainty can have a ripple effect that impacts the entire economy — including the residential housing market.
In a complex, fast-moving, and deeply interconnected world, uncertainty anywhere...
The pandemic-influenced real estate market of 2020 and 2021 led to some wild rides for Chicagoland homebuyers and sellers. Reduced inventory, shortened time on the market, and multiple offers on available properties all contributed to a market that could, for many, feel overwhelming. Even for sellers sifting through multiple offers, a pressure to act quickly could make selling a home feel fraught with risk, especially for those sellers looking to reinvest in a new home. It's no wonder that many opted out entirely, choosing to wait until the danger of the pandemic had passed and the market was more predictable.
The good news is that most experts predict that the white-hot roller coaster of a real estate market will stabilize significantly in the coming 12 months. Modest growth in interest rates, the resolution of supply chain issues that drove new construction costs skyward, and a market in which both buyers and sellers have a little more time to think should help to create a calmer environment in which both buyers and sellers have a little more time to think. Both nationally and in the Chicagoland area, our 2022 Chicagoland market forecast indicates that growth will continue, but at a significantly more stable and sustainable pace.
