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Home Financing

What’s Your Home Buying Power?

What’s Your Home Buying Power? If you’re in the market for a new home or investment property, one of the first questions you’ll probably ask is, “What can we afford?” Many buyers become so caught up in how much they can afford that they don’t realize their total buying power—that is, the total amount of Read more

2016 Real Estate Outlook includes Price Stagnation

Marketwatch, as part of its New Year's coverage, recently provided a well-researched and reported forecast of the four real estate trends that will shape the market in 2016. It's really a good read and well worth the visit. The piece features no shortage of pertinent takeaways that can be applied to the Chicago real estate Read more

Report: Prices Up, But November Home Sales Fell in Chicago

The number of homes sold in November were down and the median price was up in both Chicago and throughout Illinois in November, according to the latest report from the Illinois Association of Realtors. In the nine-county Chicago metropolitan area, there were 7,090 homes sold in November. That's down 8.8 percent from November 2013 when 7,777 Read more

Report: Signs Point to a Strong and Healthy Chicago Housing Market

Crain's Chicago Business recently looked at the  state of the Chicago housing market and concluded the positive signs far outweigh any potential negatives. In fact, there were four separate indicators from a recently-released study that paints a rosy picture of the housing market in Chicago. The first positive sign: The percentage of home sales in Read more

Chicago Luxury Real Estate Market Sees Big Gains at Start of 2014

It was a strong first two months of the year for the metro Chicago luxury real estate market. A new report revealed the number of homes that sold for at least $1 million in January and February was up 40% from a year earlier. In the seven-county region that makes up metro Chicago, there were Read more