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Uncategorized SMART BUY PROGRAM IS BACK $45K DownPaymentđź’° Maximum Amount $45,000 Benefits $5,000 deferred down payment and closing costs assistance. Up to $40,000 toward paying off student loans and forgiven over a 36 month period. Do not have to be a first-time homebuyer. If your interested contact me today funds will go quickly. ​​​​​​​ Next Steps click link below and I can connect you […]
Uncategorized Is Beverly Hills Chicago IL a buyer’s or seller’s market? Beverly is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.   Housing Prices in Beverly Hills Chicago, IL Median Sales Price: 445,000 | +12.7% Average Sales Price: $454,707 | +15.5% Days On Market:  50 | -39.0%  Average List Price: $532,450 | +23.9% Median Sold Price By Bedroom Count […]
Uncategorized Zara billionaire drops $232M on West Loop apartment tower Pontegadea, the family office of billionaire Zara founder Amancio Ortega, wants in on the West Loop commercial real estate craze. The company paid almost $232 million for one of Chicago’s most recognizable apartment towers, according to Cook County records. A joint venture of Ares Management and Skokie-based F&F Realty sold the 492-unit, 45-story luxury apartment […]
Uncategorized Falling Mortgage Rates, Lower Home Prices: Welcome to the Housing Market’s New Reality The historically busy summer real estate market is officially here, and with it comes a double dose of good news for buyers. Mortgage rates fell for the third week in a row, hitting 6.67% for the average 30-year fixed-rate mortgage for the week ending June 22, according to Freddie Mac. That’s down from the previous week’s 6.69%. […]
Uncategorized Home Depot is selling a sleek modern tiny home frame with a spiral staircase for under $50K — but it’ll cost far more to get it move-in ready! A listing for a $44,000 tiny home frame is generating buzz for its sleek design — but it’ll cost far more to get the unit move-in ready. The Home Depot is selling a 540-square-foot “Getaway Pad” from Plus 1 Homes, an “accessory dwelling unit” that could go in your backyard with the proper permits. The product picture […]
Uncategorized Rocket Mortgage & United Wholesale Mortgage allow 1% downpayment Homebuyers might be able purchase a home with less savings — thanks to the two largest US mortgage lenders now allowing down payments of just 1%   Imagine getting approved for a mortgage on the home of your dreams and making a down payment of just 1% of the purchase cost. That has become reality […]
Uncategorized Chicago Suburb Named Most Expensive Neighborhood in Illinois in New Ranking The ranking looked at home prices from Zillow, then calculated the average house price in each neighborhood by dividing the total house prices by the number of houses.   A Chicago suburb was recently named the most expensive neighborhood in Illinois. In a new list from lending website CashNetUSA, which ranked the most expensive neighborhoods in […]
Uncategorized UNITED WHOLESALE MORTGAGE LAUNCHES CONVENTIONAL 1% DOWN United Wholesale Mortgage (UWM) has debuted Conventional 1% Down, a product designed to enable homebuyers to purchase a home with a down payment of only 1% contributed by the borrower. According to the Pontiac, Michigan-based company, when a borrower puts 1% down with this product, UWM will pay an additional 2%, up to $4,000, giving […]
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Uncategorized How to Use Your Tax Refund to Buy a Home The upfront costs of homebuying can be significant, but your tax refund from the IRS can be a useful supplement to your home buying budget. Whether you are expecting a refund in the hundreds or thousands of dollars, there are several ways you can use those funds to bring yourself closer to homeownership. 1.Save for […]
Uncategorized While US Home Prices Poised to Drop in 2023, 3 Chicago-Area Markets Will Remain Steady, Redfin Predicts Markets in “relatively affordable” Midwest and East Coast metro areas, such as Chicago, parts of Connecticut and upstate New York will “hold up relatively well,” according to predictions Compared to this year, the housing market is expected to be drastically different on a nationwide scale in 2023. Because of high mortgage rates, the U.S. market […]
Uncategorized Black Developers Build 11 Newly Constructed Homes In West Woodlawn Developers broke ground on a vacant lot Tuesday that would be the first of 11 newly constructed homes on a single block in West Woodlawn as part of an initiative that encourages a collective of Black developers to fill the void left by demolition crews years earlier. Five developers — Sean Jones, DaJuan Robinson, Bonita […]
Uncategorized Mortgage Rates Expected To Spike (Again)—but There’s a Surprising Upside for Homebuyers Mortgage Rates Expected To Spike (Again)—but There’s a Surprising Upside for Homebuyers In yet another blow for homebuyers, mortgage interest rates are soon expected to rise even higher. The U.S. Federal Reserve announced on Wednesday that it will be raising its short-term interest rate by half a percentage point in its crusade to tame inflation. […]