Posts with tag 'house hunting'

The housing market in Chicagoland is hotter than the national news would have you believe, and opulent homes in the area are especially in demand these days. 

For homes listed in the $1 million dollar plus range, home prices are up substantially compared to a recent mid-2020 dip, and are approaching autumn 2019 highs. The availability of homes for purchase ("inventory") in this price range is also at the lowest they've been in decades. 

As we navigate uncertain economic waters, many home shoppers are second guessing their plan to buy a home. And there's no doubt that a home purchase is a big commitment, especially as experts continue to disagree whether the economy is headed for a recession. However, for those looking to safely invest their money over the medium- to long-term, there may be no better bet t...

You've got your financial paperwork in order and you're finally ready to find that dream home for you and your family, but now it's the middle of summer. Temperatures are high, the kids are out of school, and there's so much going on — is this the right time to embark on a house hunt?

Actually, yes. According to the experts at MoneyWise, the summer can be an advantageous time to buy as sellers will often lower their prices to close a deal before kids go back to school and colder weather sets back in again. 

As we emerge from two very unusual years, many of us who may have been putting off the purchase of a home may be considering entering the housing market. Home prices have remained steadily high despite fluctuations in other investments, and a real estate investment can be an important hedge against inflationary pressures — in an era of high inflation, investing in real property can be a critical way to avoid holding cash that becomes less valuable by the day. With steadily rising prices, real estate can be a great investment, in addition to providing a place to call home.

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