Today’s Housing Market Has Only Half the Usual Inventory
"There are simply not enough homes for sale. The market can easily absorb a doubling of inventory."
Lawrence Yun, Chief Economist, NAR
That means buyers don’t have enough options right...
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Rooftop Viewing Areas for the Chicago Air & Water Show
One of Chicago’s most beloved – and thrilling – events, The Chicago Air and Water Show, is returning to the city this weekend for its 63rd edition. The U.S. Air Force Thunderbirds, the U.S. Army Parachute Team Golden Knights and more will...
Maintain Lower Home Insurance Premiums
When we look at the average price of home insurance in Illinois, we definitely see annual increases – in fact, Illinois homeowners saw a 7% increase in premiums from 2021 to 2022 and then another 7% increase from 2022 to 2023 – and part of ...
Clarendon Hills – Real Estate Market Update
We are halfway through 2023 and halfway through summer - what does the clarendon hills market look like right now?
Traditional seasonality is back but supply remains much lower – with less homes for sale, we have overall less sales in 2023...
Momentum Is Building for New Home Construction
If you’re in the process of looking for a home today, you know the supply of homes for sale is low because you’re feeling the impact of having a limited pool of options. And, if your biggest hurdle right now is that you’re having trouble ...
How Much Equity Do You Have in Your House?
Do you know how much equity you have in your house?
Equity is the value of your home minus how much you still owe on your home loan. And if you've owned your home for at least three years, you may have a lot more equity than you realize. Bas...
Are You Thinking of Remodeling?
Are you thinking of remodeling but also don't know if you might be moving in a few years? What's the return on your finish is gonna be?
Generally, our updates and improvements look current for at least 5 years and things look really good to ...
Are Home Prices Crashing Down?
If you're hearing talk that home prices are gonna come crashing down, here's the thing you gotta understand: there's a factor at play today that's limiting just how low prices will go and that's the inventory of homes for sale.
This grap...
Home Inspections are BACK!
Getting ready to sell your house? Let me give you a heads up on a shift we're seeing in the market. During the pandemic, there was a frenzy of buyers competing over the limited number of homes for sale. To stand out, some of those buyers decide...
Potential Recession
People are talking about a potential recession in this country. While I can't tell you when or even if it will take place, many experts are calling for a short and mild recession by the end of this year. And you'll be surprised to know that may...