Equal Opportunity Housing is based on the idea that all persons should be granted “equal opportunities” when it comes to renting or purchasing real estate property. Often used in connection with the phrase “Fair Housing,” the term references anti-discrimination policies and laws set forth by the local, state, and federal government. To be considered an…Read More
In the world of real estate, spring is usually the official start of the home-buying frenzy. Prior to mid-March, the real estate industry was slated for a highly competitive and profitable home-buying season thanks to historically low inventory and ultra-low mortgage rates. However, the COVID-19 pandemic changed all that, introducing us to a “new normal.”…Read More
The COVID-19 pandemic has not only had a negative impact on the United States financially but mentally and emotionally as well. The real estate market is no exception. Spring is usually the busiest time of time for the housing market, but that has changed due to COVID-19. Even in the best of market conditions, it’s…Read More
Whether it’s the home where you raised your family, your first (or starter) home, or a home you’ve inherited from your parents, selling a home can be a stressful and emotional experience. Not only will you be packing boxes, but you’ll also be packing memories and embarking on a new chapter in your life. While…Read More
Nearly 40% of American’s make New Year’s resolutions. Of those making resolutions, 21% included buying a home on their list of 2020 resolutions. Before you set out to make your dream of homeownership a reality, there are a number of questions to ask yourself: Where should I buy my home? What style of home do…Read More
“The more things change, the more they stay the same.” This sums up the home buying forecast for 2020. While there will still be opportunities for home buyers, the actual buying journey will be as challenging as it has been in recent years. The number of homes for sale has decreased since 2015, and inventory…Read More
In order to survive a blistering cold Illinois winter, your home needs more than a six-month supply of coffee and a collection of blankets and sweaters. If you plan on hibernating until spring, your home needs to feel homey and inviting. Luckily, winter décorations mean more than keeping your holiday wreaths and décor until March.…Read More
What does the housing market forecast look like in the upcoming year? Here’s some 20/20 insight into the most common questions about home prices and sales, mortgage rates, and possible recession. Will the cost of a home increase? Home prices are predicted to rise in 2020, but only at an average of 2.8% nationally. However,…Read More
Are you thinking about selling your home? If you’re on the fence about doing so, keep reading. The last quarter of 2019 will likely be the best time to sell your home over the next few years. The experts at Pacor Mortgage have compiled a list of reasons why you should sell now instead of…Read More
Refinancing is the latest buzz word throughout the mortgage and real estate world. But what is refinancing, exactly? In it’s simplest terms, refinancing is replacing an existing mortgage with a new one. The process is similar to when you applied for your original mortgage: researching options, gathering the correct documentation, and submitting an application. Before…Read More