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How to Find a Good Real Estate Agent
This might shock you, but the most important thing you’ll do on your home-buying journey is finding an excellent real estate broker. They’re responsible for stewarding your financial and legal well-being throughout the process. So don’t skimp on this step. Finding the right match is super important, but how do you do it? First, ask around, and get recommendations from family or friends, because if your friend likes them, odds are you will like them too. If you can’t find a referral from friends or family, try to find an…
What happens when my property value goes down?
In my business, everyone always expects property values to go up indefinitely. And unfortunately, that isn’t always the case.
A decrease in property value doesn’t mean declining market prices. In fact, the real estate market has shown consistent growth throughout history, even accounting for significant dips like in 2008.
Should You Lock Your Mortgage Rate Today?
As interest rates continue to increase, housing demand in Chicago has plummeted. Closed sales have decreased by 33% since the June peak, but why does that ultimately matter? Well…Prices are finally going down.
Home prices in the Chicagoland area dropped by 13% in October compared to June. That’s partly due to seasonality. Housing prices always peak in June and decline towards the winter in Chicago. But this year, that curve is steeper (nuances, I know).
Ranking the best home buying sites (and the worst)
If you’re house hunting, you’re probably using online resources to help you find your perfect place. But with so many listing websites out there, it can be tough to know which ones are the best real estate websites.
Today we’re going to rank the most popular real estate websites from worst to best. Before we start, I want to discuss our ranking criteria.