Chicago Real Estate Agents: Your Secret Weapon for Buying a Home in 2024
Navigating Chicago’s housing market in 2024 is no easy feat, especially for first-time homebuyers. With inventory tight and competition fierce, it can feel overwhelming to find the right home and secure it before someone else does. That’s where the expertise of a local real estate agent comes in. More than just a guide, a knowledgeable agent is your secret weapon—here’s why:
As a mortgage lender, I specialize in connecting clients with renovation loan options tailored to their unique needs, empowering them to seize opportunities and unlock the full potential of the market. Let’s explore how a renovation loan can turn your homeownership dreams into reality, even in a competitive market!
Home builder confidence rebounded after falling for four straight months, as falling mortgage rates brought more buyers back to the market. Plus, many builders (36%) are still cutting prices to boost sales. The NAHB noted that “recent economic data signal improving housing conditions heading into 2024.”
In a challenging market, it’s essential to help our clients make informed decisions to avoid common regrets when purchasing
a home. Here are valuable insights from surveyed buyers, compiled into 7 tips to help you communicate and set better
expectations in this market.
‘Tis the season for joy, warmth, and merriment, and what better way to celebrate the holidays than by bringing together our cherished business partners and clients for a delightful wreath-making party! Thank you to our host Happy Cabbage for letting us use their amazing Gifting Studio, we believe in the spirit of togetherness, and this festive gathering was a perfect opportunity to share the holiday cheer.
The Emma Butler Group, we believe in more than transactions; we believe in cultivating relationships, and this holiday gathering was a testament to that belief—a night of creativity, connection, and shared celebrations.
The highlight of the evening was, of course, the wreath-making activity. Guided by a talented local florist, Lee Lee Garden everyone had the chance to unleash their creativity and craft a unique holiday wreath to take home. The room buzzed with excitement as partners and clients selected from an array of lush greenery, vibrant ornaments, and festive ribbons to personalize their creations.
Top 10 Questions Listing Agents Have to ASK the Loan Officer BEFORE accepting an Offer: Accepting an offer on a home means taking it off the market for 30-60 days, passing on potentially well qualified buyers and a seller who will want updates on how the process is going. How can you ensure that not…
An assumable mortgage loan is a type of home loan agreement that allows a homebuyer to assume the existing mortgage of the seller when purchasing a property. In other words, the buyer takes over the seller’s mortgage terms and conditions, including the interest rate, repayment schedule, and remaining balance.
One of the primary factors to consider is the interest rate offered by the lender. A lower interest rate can significantly impact your monthly mortgage payments and overall affordability. Compare rates and terms from different lenders to determine the most favorable options for your financial situation.
Home buyers are typically advised to put at least 20% down for a mortgage. Coming up with that amount can seem almost impossible if you have little to no money left over after paying bills each month.
November home prices grew by 5.60 percent year-over-year on a seasonally adjusted basis according to Case-Shiller’s reading on National Home Prices. National average home prices rose 0.80 percent from October to November. Case-Shiller’s 20-City home price index revealed that the West and Mountain regions continue to hold the top three growth rates for home prices.
Emma Butler Group- Mortgage Tips & Community 