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Stay on top of the constantly evolving Real Estate Market with professional insights from the pros. Dick Barr is a licensed Commercial and Residential Real Estate Broker in Lake County,...
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Stay on top of the constantly evolving Real Estate Market with professional insights from the pros. Dick Barr is a licensed Commercial and Residential Real Estate Broker in Lake County, Illinois with two decades of experience. His state of the industry knowledge will keep you informed and involved no matter what your interest.
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12 JAN 2023 · With rental prices rising so rapidly, homeownership can be your key to a prosperous future by locking in your payment now.
10 JAN 2023 · If buying or selling a home is part of your dreams for 2023, it’s essential for you to understand today’s housing market, define your goals, and work with industry experts to bring your homeownership vision for the new year into focus. In the last year, https://www.mykcm.com/2022/12/21/what-to-expect-from-the-housing-market-in-2023/ had a big impact on the economy, the housing market, and likely on your wallet too. That’s why it’s critical to have a clear understanding of not just the market today, but also what you want out of it when you buy or sell a home.
9 JAN 2023 · With higher mortgage rates and moderating buyer demand, conditions in the housing market are different https://www.mykcm.com/2022/12/21/what-to-expect-from-the-housing-market-in-2023/. And if you’re thinking of https://www.mykcm.com/2022/11/22/what-homeowners-want-to-know-about-selling-in-todays-market/, it’s important to understand how the market has changed and what that means for you. The best way to make sure you’re in the know is to work with a trusted housing market expert. Here are five reasons working with a professional can ensure you’ll get the most out of your sale.
6 JAN 2023 · While it’s exciting to start thinking about https://www.mykcm.com/2022/12/05/prioritizing-your-wants-and-needs-as-a-homebuyer-in-todays-market/ and https://www.mykcm.com/2022/11/25/home-sweet-home-the-emotional-benefits-of-homeownership-infographic/ after you’ve https://www.mykcm.com/2022/10/28/applying-for-a-mortgage-doesnt-have-to-be-scary-infographic/, there are some key things to keep in mind before you close. Here’s a list of things you may not realize you need to avoid after applying for your home loan.
5 JAN 2023 · If you’re thinking about https://www.mykcm.com/2022/11/23/what-buyers-need-to-know-about-the-inventory-of-homes-available-for-sale/ or https://www.mykcm.com/2022/12/12/what-every-seller-should-know-about-home-prices/ a home, you probably want to know what’s really happening with home prices, mortgage rates, housing supply, and more. That’s not an easy task considering how sensationalized headlines are today.
4 JAN 2023 · Are you prepping to buy your first home? If so, one of the steps you should take early on is making sure you’re financially ready for your purchase. Here are just a few of the financial fundamentals you’ll need to focus on as you set out to https://www.mykcm.com/2022/12/14/you-may-have-more-negotiation-power-when-you-buy-a-home-today/ a home.
3 JAN 2023 · There’s no denying the long-term https://www.mykcm.com/2022/11/04/homeownership-wins-over-time-infographic/ of owning a home, but today’s housing market may have you wondering if now’s still the time to buy. While the financial aspects of https://www.mykcm.com/2022/11/08/the-majority-of-americans-still-view-homeownership-as-the-american-dream/ are important, the non-financial and emotional reasons are too. Home means something different to all of us. Whether it’s sharing memories with loved ones at the kitchen table or settling in to read a book in a favorite chair, the emotional connections to our homes can be just as important as the financial ones. Here are some of the things that make a house a home.
2 JAN 2023 · Whether you’re looking to downsize, relocate to a dream destination, or move so you live closer to loved ones, that equity can help you achieve your homeownership goals. NAR https://www.nar.realtor/research-and-statistics/research-reports/highlights-from-the-profile-of-home-buyers-and-sellers that for recent home sellers, the primary reason to move was to be closer to loved ones. Plus, retirement played a large role for those moving greater distances. Whatever your home goals are, a trusted real estate advisor can work with you to find the best option. They’ll help you https://www.mykcm.com/2022/11/22/what-homeowners-want-to-know-about-selling-in-todays-market/ your current house and guide you as you https://www.mykcm.com/2022/10/17/the-emotional-and-non-financial-benefits-of-homeownership/ the home that’s right for you and your lifestyle today.
31 DEC 2022 · Did the frequency and intensity of bidding wars over the past two years make you put your home search on hold? If so, you should know the hyper competitive market has cooled this year as buyer demand has moderated and housing supply has grown. Those two factors combined mean you may see less competition from other buyers.
And with less competition comes more opportunity. Here are two trends that may be the news you need to reenter the market.
30 DEC 2022 · At first glance, the increase in housing supply compared to last year may not sound like good news for prospective sellers, but it actually gives you two key opportunities in today’s housing market.
An article from Calculated Risk helps put the inventory gains the market has seen in 2022 into perspective by comparing it to recent years (see graph below). It shows supply has surpassed 2021 levels by 58%. But the further back you look, the more you’ll understand the bigger picture. And if you go all the way back to 2019, the last normal year in real estate, we’re roughly 35% below the housing supply we had at that time.
Stay on top of the constantly evolving Real Estate Market with professional insights from the pros. Dick Barr is a licensed Commercial and Residential Real Estate Broker in Lake County,...
show more
Stay on top of the constantly evolving Real Estate Market with professional insights from the pros. Dick Barr is a licensed Commercial and Residential Real Estate Broker in Lake County, Illinois with two decades of experience. His state of the industry knowledge will keep you informed and involved no matter what your interest.
show less
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| Author | Dick Barr |
| Organization | Dick Barr |
| Categories | Investing |
| Website | - |
| db@dickbarr.com |
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