Northern Illinois Real Estate - Local News & Tips

By
Managing Real Estate Broker - Better Homes and Gardens Real Estate Star Homes
Home buying and home selling services and advice for the Grayslake real estate area including all of Lake County and the Northern Illinois area.

ARCHIVED BLOG POSTS

2018 

Home Prices Up 6.34% Across the Country! Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report. In the report, home prices are compared both regionally and by state. Based on the latest numbers, if you plan on relocating to an...
11/30/2018
Further Proof It’s NOT 2008 All Over Again Home sales numbers are leveling off, the rate of price appreciation has slowed to more historically normal averages, and inventory is finally increasing. We are headed into a more normal housing market. However, some are seeing these adjustments as red ...
11/29/2018
24% of Renters Believe Winter is the Best Time to Buy a HomeIn real estate, the spring is often seen as the ideal time to buy or sell a house. The term “Spring Buyer’s Season” exists for a reason, as renters and those looking to move on from their current home thaw out from the winter and hit the...
11/28/2018
The #1 Reason to Not Wait Until Spring to Sell Your House   Many sellers believe that spring is the best time to place their homes on the market because buyer demand traditionally increases at that time of year, but what they don’t realize is that if every homeowner believes the same thing, then...
11/27/2018
Buyers: Don’t Be Surprised by Closing Costs! Many homebuyers think that saving for their down payment is enough to buy the house of their dreams, but what about the closing costs that are required to obtain a mortgage? By law, a homebuyer will receive a loan estimate from their lender 3 days aft...
11/26/2018
7 Reasons to List Your House For Sale This Holiday Season     Every year at this time there are many homeowners who decide to wait until after the holidays to list their homes for the first time, while others who already have their homes on the market decide to take them off until after the holi...
11/20/2018
Wage Increases Make Home Buying More Affordable   Everyone knows that housing affordability has been negatively impacted by rising prices and increasing mortgage rates, but there is another piece to the affordability equation – wages. How much a family earns obviously impacts how easy or difficu...
11/15/2018
Home Sellers in Q3 Netted $61K at ResaleAccording to a recent report by ATTOM Data Solutions, home sellers who sold their homes in the third quarter of 2018 benefited from rising home prices and netted an average of $61,232. This is the highest average price gain since the second quarter of 2007...
11/14/2018
Are Homeowners Renovating to Sell or to Stay?  Over the past few years, two trends have emerged in the housing market: Home renovations have shot up Inventory of homes available for sale on the market has dropped A ‘normal’ housing market is defined by having a 6-month supply of homes for sale. ...
11/13/2018
    It’s difficult to know when is the best time to sell, or how to get the most money for your house, but you don’t need to go through the process alone. You may be wondering if prices are projected to rise or fall…or how much competition you may be facing in your market. The free eGuide below ...
11/12/2018
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