Chicago Real Estate Broker | Keller Williams Chicago-Lakeview
It’s been an interesting year in Chicago real estate, to say the least. Every week that goes by we have new data to use that helps determine what’s going on and where the market is headed. As of late, the most interesting piece of data I’m seeing is the build in the inventory of condos…
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If you haven’t been paying attention to the news recently, you may be missing out on the fact that mortgage rates are reaching all time lows. “Investors are fleeing to safe-haven investments amid renewed coronavirus fears, sending 10-year Treasury yields sharply lower and this, in turn, will push U.S. mortgage rates to new lows.” Bankrate –…
Read MoreHow to Win a Multiple Offer Situation in Chicago Buying a home in Chicago can be tricky during the chaos of the spring real estate season. If you’re trying to buy a home during this time of year, you need to be prepared to face multiple offer situations. In a multiple offer situation, two…
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In part 1 of this series, I talked about walking away from a home when the property is overpriced and the seller isn’t being realistic. Sometimes you can open up the discussion with an offer and be surprised that a seller will be willing to accept a lower offer than you expect. And sometimes they…
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When you make an offer on a home, there are always a multitude of reasons why it may not work out. Sometimes it goes smoothly, other times you have to walk away. This series on walking away from a home purchase will look at a few of those reasons, drawing on the experiences I’ve had…
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Recently I showed my client a condo in a building where I had made a sale in the summer of 2017. Before even seeing the place, I knew it was overpriced. This was based on my knowledge of the market and this particular building. What was interesting to me was that it was clear as…
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It’s that crazy time of year yet again: buyers are out in full force trying to score that perfect home while fending off all the competition. Buying a home in Chicago is not much different than other cities across America. But I find that most first time homebuyers have no idea the number of steps…
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As the events of the last few years in the real estate industry show, people forget about the tremendous financial responsibility of purchasing a home at their peril. Here are a few tips for dealing with the dollar signs so that you can take down that “for sale” sign on your new home. Get pre-approved….
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Buying or selling a home in Chicago (and anywhere for that matter) is a time and labor intensive process involving many moving parts and several people are involved to make sure the transaction goes smoothly, protect you from unforeseen issues, and help you get the best deal. These people need to be paid for their…
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The longest ongoing debate about where you live is if you should buy or rent. This is an important decision because it will likely be the biggest purchase of your life and not something to be rushed. That being said, there are reasons to consider one over the other and everyone should weigh all factors…
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