Archive for May 2018
Will Home Prices Fall as Mortgage Rates Rise?
Mortgage interest rates have increased by more than half of a point since the beginning of the year. They are projected to increase by an additional half of a point by year’s end. Because of this increase in rates, some are guessing that home prices will depreciate. However, some prominent experts in the housing industry […]
Millennials Are Skipping Starter Homes for Their Dream Homes
A new trend has begun to emerge. With home prices skyrocketing in the starter home category, many first-time homebuyers are skipping the traditional starter homes and moving right into their dream homes. What’s a Starter Home? According to the National Association of Realtors (NAR), simply put, a starter home is a one or two-bedroom home […]
Why You Need a Digital Comparative Market Analysis
One of the most important tools for selling your home is a Comparative Market Analysis. Traditionally, a CMA would be a handout from your broker. @properties digital Comparative Market Analysis puts the power in your hands. Read this article: Why You Need a Digital Comparative Market Analysis
Read MoreThese Chicago Chefs Reveal Their Kitchen Must-Haves
We asked local Chicagoland chefs to help us narrow down the kitchen essentials and what we can finally declutter from the back of our houses. Read this article: These Chicago Chefs Reveal Their Kitchen Must-Haves
Read MoreWhy Have Interest Rates Jumped to a 7-Year High?
Interest rates for a 30-year fixed rate mortgage have climbed from 3.95% in the first week of January up to 4.61% last week, which marks a 7-year high according to Freddie Mac. The current pace of acceleration has been fueled by many factors. Sam Khater, Freddie Mac’s Chief Economist, had this to say: “Healthy consumer […]