Tag: Home Sellers

How Inflation Affects the Housing Market

Posted on 09/02/2023

Have you ever wondered how inflation impacts the housing market? Believe it or not, they’re connected. Whenever there are changes to one, both are affected. Here’s a high-level overview of the connection between the two. The Relationship Between Housing Inflation and Overall Inflation Shelter inflation is the measure of price growth specific to housing. It comes from a...

Buyer Traffic Is Still Stronger than the Norm

Posted on 08/30/2023

Are you putting off selling your house because you’re worried no one’s buying because of where mortgage rates are? If so, know this: the latest data shows plenty of buyers are still out there, and they’re purchasing homes today. Here’s the data to prove it. The Showing Time Showing Index is a measure of buyers touring homes. The...

Why You May Still Want To Sell Your House After All

Housing Market

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Posted on 08/29/2023

Even though you may feel reluctant to sell your house because you don’t want to take on a mortgage rate that’s higher than the one you have now, there’s more to consider. While the financial side of things does matter, your personal needs may actually matter just as much. As an article from Bankrate says: “Deciding whether it’s...

More Jobs and Better Pay Leads to More Buyer Demand

Home Prices

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Posted on 08/25/2023

There’s been talk about a recession for quite a while now. But the economy has been remarkably resilient. Why? One reason is employment and wages have stayed strong. Let’s look at the latest information on each one and why both are good news if you’re thinking about selling your house. More Jobs Are Being Created Instead of facing...

Why You Need a True Expert in Today’s Housing Market

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Posted on 08/24/2023

The housing market continues to shift and change, and in a fast-moving landscape like we’re in right now, it’s more important than ever to have a trusted real estate agent on your side. Whether you’re buying your first home or selling once again, it’s mission critical to work with an expert who can guide you through each unique...

Just Sold - 918 Meadow Road, Northbrook, IL 60062

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Posted on 08/23/2023

Give us a call if you would like to know what's going on in your neighborhood. We can help you too! Call or email us today at:...

Northbrook

Why Median Home Sales Price Is Confusing Right Now

Posted on 08/22/2023

The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report. This monthly release provides information on the volume of sales and price trends for homes that have previously been owned. In the upcoming release, it’ll likely say home prices are down. This may seem a bit confusing, especially if you’ve...

Don’t Expect a Flood of Foreclosures

Posted on 08/16/2023

The rising cost of just about everything from groceries to gas right now is leading to speculation that more people won’t be able to afford their mortgage payments. And that’s creating concern that a lot of foreclosures are on the horizon. While it’s true that foreclosure filings have gone up a bit compared to last year, experts say...

Home Prices Are Back on the Rise

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Posted on 08/13/2023

Looking at monthly home price data from six expert sources shows the worst home price declines are behind us, and they’re rising again nationally. If you’ve put your plans to move on pause because you were worried about home prices crashing, this rebound is good news. Let’s connect so you know what’s happening with prices in our area....