The HousingCoach Blog
Important and useful information about Home Buying, Home Selling and the Chicagoland Real Estate market, to help you make the most of Your Personal American Dream. Explore, Learn, and Take Action.
Important Distinction: Homes Are Less Affordable, Not Unaffordable
It’s impossible to research the subject of buying a home without coming across a headline declaring that the fall in home affordability is a crisis. However, when we add context to the most recent affordability statistics, we soon realize that, though homes are less...
Looking To Move? It Could Be Time To Build Your Dream Home.
While today’s supply of homes for sale is still low, the number of newly built homes is increasing. If you’re ready to sell but have held off because you weren’t sure you’d be able to find a home to move into, newly built homes and those under construction can provide...
What Does the Future Hold for Home Prices?
If you’re looking to buy or sell a house, chances are you’ve heard talk about today’s rising home prices. And while this increase in home values is great news for sellers, you may be wondering what the future holds. Will prices continue to rise with time, or should...
HousingCoach Home Buyer Services
Let me start by saying that I am excited for you. The only reason that you would be reading this is because you have determined that owning a home may be right for you. It means that you are at least exploring the possibilities and considering what life would look...
![Ready To Sell, but Don’t Know Where You’ll Go? [INFOGRAPHIC]](https://housingcoach.com/wp-content/uploads/2021/10/image-8.png)
Ready To Sell, but Don’t Know Where You’ll Go? [INFOGRAPHIC]
Some Highlights If you’re thinking of selling your house but don’t know what you should buy, you have options.Existing homes offer a wide variety of home styles, an established neighborhood, and lived-in charm. Meanwhile, new home...
Sellers: Your House Could Be an Oasis for Buyers Seeking More Options
Sellers have a great opportunity this season as buyer demand still heavily outweighs the current supply of homes for sale. According to the National Association of Realtors (NAR), today’s housing inventory sits at only a 2.6-month supply. To put that into perspective,...
![Homebuyer Tips for Finding the One [INFOGRAPHIC]](https://housingcoach.com/wp-content/uploads/2021/10/20211015-KCM-Share-549x300-1-400x250.png)
Homebuyer Tips for Finding the One [INFOGRAPHIC]
Some Highlights The best advice carries across multiple areas of life. When it comes to homebuying, a few simple tips can help you stay on track.Because of increased demand, you’ll need to be patient and embrace compromises during your search....
What Do Past Years Tell Us About Today’s Real Estate Market?
As you follow the news, you’re likely seeing headlines discussing what’s going on in today’s housing market. Chances are high that some of the more recent storylines you’ve come across mention terms like cooling or slowing when talking about where the market is...
The Big Question: Should You Renovate or Move?
The last 18 months changed what many buyers are looking for in a home. Recently, the American Institute of Architects released their AIA Home Design Trends Survey results for Q3 2021. The survey reveals the following: 70% of respondents want more outdoor living space...
Home Seller Services
Home Seller Services The HousingCoach℠ Approach to Home Seller Services is very systematic. There are lots of moving parts in a home sale and even more moving parts if there is a home purchase to be orchestrated as part of this transition. There are both practical and...
Don’t Wait for a Lower Mortgage Rate – It Could Cost You
Today’s housing market is truly one for the record books. Over the past year, we’ve seen the lowest mortgage rates in history. And while those rates seemed to bottom out in January of this year, the golden window of opportunity for buyers isn’t over just yet. If...
Experts Agree: Homeownership Provides a Path to Long-Term Wealth
A recent survey from LendingTree.com found there are multiple reasons why Americans would choose to purchase a home instead of renting. Some of the most popular non-financial reasons given include: The flexibility to make the space your own The pride homeownership...
![What’s Causing Today’s Competitive Real Estate Market? [INFOGRAPHIC]](https://housingcoach.com/wp-content/uploads/2021/10/20211008-KCM-Share-549x300-1-400x250.png)
What’s Causing Today’s Competitive Real Estate Market? [INFOGRAPHIC]
Some Highlights Today’s strong sellers’ market is the direct result of high demand and low supply. Low mortgage rates and generational trends have created an increased demand for homes. Meanwhile, the slower pace of new home construction and homeowners staying in...
111,285 Reasons You Should Buy a Home This Year
The financial benefits of buying a home versus renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. According to the latest research from the National Association of Realtors (NAR):...
What Do Supply and Demand Tell Us About Today’s Housing Market?
There’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the current real estate market. Put simply, when demand for an item is high, prices rise. When the supply of the item increases, prices fall. Of course,...
The Main Key To Understanding the Rise in Mortgage Rates
Side view of businessman using digital tablet while leaning on desk in office Every Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent movement in the 30-year fixed mortgage rate. Last...
4 Tips To Prep for Your Home Sale This Fall
Woman holding potted plant in her bew home Even in a hot sellers’ market like today’s in which homes are selling so quickly, it’s still important to make a good first impression on potential buyers. Taking the time upfront to prep your house appropriately...
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Reasons Renters Buy [INFOGRAPHIC]
Some Highlights When deciding whether you should rent or buy, make sure you’re considering these factors.Buying a home means consistent monthly payments. Homeownership also helps to build your wealth. And owning a home gives you...
As Home Equity Rises, So Does Your Wealth
Tree growing on coins, money growing, business success concept. Homeownership is still a crucial part of the American dream. For those people who own a home (and those looking to buy one), it’s clear that being a homeowner has considerable benefits...
Don’t Tackle Selling Your Home on Your Own – an Agent Can Help
If you’re looking to maximize your sale and minimize your effort, you need to work with a real estate professional. In a sellers’ market like today’s, it can be tempting to list your house on your own – known as For Sale By Owner (FSBO). But the...
Early October is the Sweet Spot for Buyers
Happy married couple talking with financial advisor on a meeting in the office Are you looking to buy a home? If so, we’ve got good news for you. While there’s no denying the housing market is having a great year, many of the headlines are focused...
If You’re a Buyer, Is Offering Asking Price Enough?
Shot of a relaxed couple enjoying the day at home together In today’s real estate market, buyers shouldn’t shop for a home with the expectation they’ll be able to negotiate a lower sales price. In a typical housing market, buyers try to determine how much less than...
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It’s Still a Sellers’ Market [INFOGRAPHIC]
Some Highlights Due to low supply and high demand, today is one of the strongest sellers’ markets we’ve seen.Sellers can benefit from more offers to pick from, higher home values, and a faster sales process. That might be why...
Two Reasons Why Waiting a Year To Buy Could Cost You
Weekend fun at home together. Rear view of a mixed race couple standing in the garden, embracing and looking at the house If you’re a renter with a desire to become a homeowner, or a homeowner who’s decided your current house no longer fits your needs, you may be...