Buying a Home

Home Buyer Competition Increases

Home Buyer Competition Increases

TO FIND AN OPEN HOUSE IN GLENVIEW IL   NORTHBROOK IL OR  MORTON GROVE IL WHAT IS YOUR HOME WORTH? CHECK IT OUT! Image: © Studio Romantic / AdobeStock With existing-home sales continuing their upward trajectory, many economists believe that the housing market is well past the recovery phase and home buyer competition increases. Lawrence Yun, the chief economist… READ MORE

COVID-19 Impacts Home Sales, but Prices Remain Strong

COVID-19 Impacts Home Sales, but Prices Remain Strong

TO FIND AN OPEN HOUSE IN GLENVIEW IL   NORTHBROOK IL OR  MORTON GROVE IL Image: Andrey Popov / iStock It should come as no surprise that existing-home sales declined in March; economists with the National Association of Realtors (NAR) expected this result due to the impact of the coronavirus outbreak. Yet, despite the uncertainty caused by the pandemic,… READ MORE

Home Sales Increase, Fewer Homes for Sale

Home Sales Increase, Fewer Homes for Sale

TO FIND AN OPEN HOUSE IN GLENVIEW IL   NORTHBROOK IL OR  MORTON GROVE IL According to the National Association of Realtors (NAR), existing-home sales climbed slightly higher in October. Lawrence Yun, chief economist for NAR, saw this as an encouraging sign: “Historically low interest rates, continuing job expansion, higher weekly earnings, and low mortgage rates are undoubtedly contributing… READ MORE