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.
Is a 20% Down Payment Really Necessary To Purchase a Home?
Confrontation of two different size piggy bank on yellow background. There’s a common misconception that, as a homebuyer, you need to come up with 20% of the total sale price for your down payment. In fact, a recent survey by Lending Tree asks what is...
Remote Work Is Here To Stay. Can Your Home Deliver the Space You Need?
Businessman looking at smartphone while sitting at counter in office coworking space working on project on laptop A lot has changed over the past year. For many people, the rise in remote work influenced what they’re looking for in a home and created a greater...
Is It Time To Move on to a New Home?
If you’ve been in your home for longer than five years, you’re not alone. According to recent data from First American, homeowners are staying put much longer than historical averages (see graph below):As the graph shows, before 2008,...
![Have You Ever Seen a Housing Market Like This? [INFOGRAPHIC]](https://housingcoach.com/wp-content/uploads/2021/10/image-3-400x250.png)
Have You Ever Seen a Housing Market Like This? [INFOGRAPHIC]
Some Highlights Whether you’re buying or selling – today’s housing market has plenty of good news to go around.Buyers can take advantage of today's mortgage rates to escape rising rents and keep monthly...
5 Tips for Making Your Best Offer
Lesbian couple at home using digital tablet In today’s sellers’ market, standing out as a buyer is critical. Multi-offer scenarios and bidding wars are the norm due to the low supply of houses for sale and high buyer demand. If you’re buying this fall,...
Make Your Best Offer
The Truth About Today’s Buyer Demand When it comes to the latest news in real estate, there are a lot of sensational headlines in the media. In times like this, when it can be hard to know what to believe, put your trust in the experts. Those of us in the...
Why It’s Still Safe To Sell Your Home
Deutschland,Baden-Württemberg,Mannheim,umzug,lifestyle If you’re on the fence about whether or not you want to sell your house this year, there’s good news. Real estate professionals are highly experienced in how to sell houses safely during the pandemic....
Is the Number of Homes for Sale Finally Growing?
US Regional Needs An important metric in today’s residential real estate market is the number of homes available for sale. The shortage of available housing inventory is the major reason for the double-digit price appreciation we’ve seen in each of the last...
![Fact or Fiction: Homebuyer Edition [INFOGRAPHIC]](https://housingcoach.com/wp-content/uploads/2021/10/image-2-400x250.png)
Fact or Fiction: Homebuyer Edition [INFOGRAPHIC]
Some Highlights When it comes to the current housing market, there are multiple misconceptions – from what the current supply of available homes looks like to how much houses are selling for.It takes professionals who study expert...
Home Price Appreciation Is Skyrocketing in 2021. What About 2022?
Exterior view of custom built home with exterior lighting and manicured landscaping. One of the major story lines over the last year is how well the residential real estate market performed. One key metric in the spotlight is home price appreciation. According to the...
Understand Your Options To Avoid Foreclosure
Even though experts agree there’s no chance of a large-scale foreclosure crisis, there are a number of homeowners who may be coming face-to-face with foreclosure as a possibility. And while the overall percentage of homeowners at risk is decreasing with time...
Reasons You Should Consider Selling This Fall
If you're trying to decide when to sell your house, there may not be a better time to list than right now. The ultimate sellers' market we're in today won't last forever. If you’re thinking of making a move, here are four reasons to put your house up...
![Your Agent Is Key When Pricing Your House [INFOGRAPHIC]](https://housingcoach.com/wp-content/uploads/2021/10/image-400x250.png)
Your Agent Is Key When Pricing Your House [INFOGRAPHIC]
Your Agent Is Key When Pricing Your House [INFOGRAPHIC] Some Highlights Pricing your house right takes market experience and expertise.To find the best list price, your agent balances current market demand, values of homes in your neighborhood,...
5 Reasons Today’s Housing Market Is Anything but Normal
There are many headlines out there that claim we’re reverting to a more normal real estate market. That would indicate the housing market is returning to the pre-pandemic numbers we saw from 2015-2019. But that’s not happening. The market is still extremely vibrant as...
What You Can Do Right Now To Prepare for Homeownership
Home sweet home, house wood with heart shape on wooden and blue background As rent prices continue to soar, many renters want to know what they can do to get ready to buy their first home. According to recent data from ApartmentList.com: “The first half...
What Buyers and Sellers Need To Know About the Appraisal Gap
Photo of a modern suburban home exterior It’s economy 101 – when supply is low and demand is high, prices naturally rise. That’s what’s happening in today’s housing market. Home prices are appreciating at near-historic rates, and that’s creating some...
The Difference in Net Worth Between Homeowners and Renters Is Widening
Becoming financially secure is an important goal for many people today, but some don’t realize just how much homeownership can help them achieve that dream. A recent report, The Journey Toward Financial Freedom, surveys Americans about their...
![Your Checklist To Get Ready To Sell [INFOGRAPHIC]](https://housingcoach.com/wp-content/uploads/2021/10/image-1-400x250.png)
Your Checklist To Get Ready To Sell [INFOGRAPHIC]
Some Highlights When it comes to selling your house, you want it to look its best inside and out.It’s important to focus on tasks that can make it inviting, show it’s cared for, and boost your curb appeal for prospective...
If Housing Affordability Is About the Money, Don’t Forget This.
There are many non-financial benefits of buying your own home. However, today’s headlines seem to be focusing primarily on the financial aspects of homeownership – specifically affordability. Many articles are making the claim that it’s not affordable to buy...
Why 2021 Is Still the Year To Sell Your House
A woman standing in her kitchen drinks from a mug. If you’re trying to decide whether or not to sell your house, this is the time to think seriously about making a move. Fannie Mae’s recent Home Purchase Sentiment Index (HPSI)...
What Do Experts Say About Today’s Mortgage Rates?
Pink speech bubble on blue background Mortgage rates are hovering near record lows, and that’s good news for today’s homebuyers. The graph below shows mortgage rates dating back to 2016 and where today falls by comparison.Generally speaking, when rates are...
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Options for First-Time Homebuyers [INFOGRAPHIC]
Some Highlights With a housing market this competitive, sometimes you have to think outside the box.Work with your trusted real estate advisors to do things like assess your budget, expand your search radius, look into other options, and determine...
More Young People Are Buying Homes
Tiny little hand-made paper house and two miniature trees on open book, sitting on white background. There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their...
Real Estate: It’s Still a Lack of Supply, Not a Lack of Demand
Woman and man talking in modern office. One of the major questions real estate experts are asking today is whether prospective homebuyers still believe purchasing a home makes sense. Some claim rapidly rising home prices are impacting demand and, by extension, leading...