Uncategorized – Page 13 – Real Estate

Don’t Expect a Flood of Foreclosures

The rising cost of just about everything from groceries to gas right now is leading to speculation that more people won’t be able to afford their mortgage payments. And that’s creating concern that a lot of foreclosures are on the horizon. While it’s true that foreclosure filings have gone up a bit compared to last year, expertsContinue reading “Don’t Expect a Flood of Foreclosures”

There’s Only Half the Inventory of a Normal Housing Market Today

Wondering if it still makes sense to sell your house right now? The short answer is, yes. Especially if you consider how few homes there are for sale today. You may have heard inventory is low right now, but you may not fully realize just how low or why that’s a perk when you go to sell your house.Continue reading “There’s Only Half the Inventory of a Normal Housing Market Today”

The Good, The Bad and The Quirky

An Update of the Bloomington “Homebuyer Mortgage Assistance” Program (“HMA”). Overview Buying a home in Bloomington? The City of Bloomington has a forgivable loan down payment assistance program for buyers purchasing a home within its city limits. The program offers $10,500 of financial aid if you meet the 80% of area median income guidelines. EligibleContinue reading “The Good, The Bad and The Quirky”

Don’t Fall for the Next Shocking Headlines About Home Prices

If you’re thinking of buying or selling a home, one of the biggest questions you have right now is probably: what’s happening with home prices? And it’s no surprise you don’t have the clarity you need on that topic. Part of the issue is how headlines are talking about prices. They’re basing their negative news by comparing current stats to the last fewContinue reading “Don’t Fall for the Next Shocking Headlines About Home Prices”

Home Prices Are Rebounding

If you’re following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come. That’s because today’s headlines are painting an unnecessarily negative picture. If we take a year-over-year view, home prices did drop some, but that’s because we’re comparing to a ‘unicorn’ year when prices peaked wellContinue reading “Home Prices Are Rebounding”

Why Homeownership Wins in the Long Run

Today’s higher mortgage rates, inflationary pressures, and concerns about a potential recession have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important to think about the long-term benefits of homeownership when making your decision. Consider this: if you know people who bought a home 5, 10, or even 30Continue reading “Why Homeownership Wins in the Long Run”

Is Homeownership the #1 American Dream? If So, Why Pursue It?

Everyone’s interpretation of the American Dream is unique and personal. But, for many people, it’s tied to a sense of success, freedom, and prosperity. These are all things that owning a home can help provide. A recent survey from Bankrate asked respondents which achievements they feel most embody the American Dream. The responses prove owningContinue reading “Is Homeownership the #1 American Dream? If So, Why Pursue It?”

JULY 4 – Independence Day – Did You Know?

As we look forward to a long, fun-filled July 4 holiday weekend this year, let’s not forget that some very courageous people stepped up on this day to declare their country’s independence from tyrannical rule. In doing so, they together stated: “…We hold these truths to be self-evident, that all men are created equal, thatContinue reading “JULY 4 – Independence Day – Did You Know?”

Saving for a Down Payment? Here’s What You Need To Know.

If you’re planning to buy your first home, then you’re probably focused on saving for all the costs involved in such a big purchase. One of the expenses that may be at the top of your mind is your down payment. If you’re intimidated by how much you need to save for that, it mayContinue reading “Saving for a Down Payment? Here’s What You Need To Know.”

Fun Facts for Flag Day!

Flag Day is celebrated on June 14 of every year. What is Flag Day all about? Who really designed the first flag, and what do the red, white, and blue colors symbolize? Let’s dive into some history about what we fondly call the “Stars and Stripes”! What is Flag Day? Flag Day is a celebration of theContinue reading “Fun Facts for Flag Day!”