Home Ownership

American Homeownership Tenure is Climbing

Americans are remaining in their homes longer than ever before, consequently tightening the lid on housing supply.   First American data indicates that homeownership tenure has risen 10% just from 2017 and has significantly climbed since the market crashed in 2008. “Tenure jumped to seven years during the aftermath of the crash between 2008 and 2016, …

Continue Reading
Home Buying

Buying a Home Young is the Key to Building Wealth

Homeowners who purchase their homes before the age of 35 are better prepared for retirement at age 60, according to a new Urban Institute study. The organization surveyed adults who turned 60 or 61 between 2003 and 2015 for their data set. “Today’s older adults became homeowners at a younger age than today’s young adults. Half the …

Continue Reading
Home Buying

Buying a House This Year? This Should Be Your 1st Step!

In many markets across the country, the number of buyers searching for their dream homes outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show that you are serious about buying your dream home is to get pre-qualified or pre-approved for a …

Continue Reading
Mortgage and Financing

MBA: Mortgage applications jump more than 20%

Increase 23.5% from the previous week January 9, 2019 Alcynna Lloyd Mortgage applications reversed course, rising 23.5% for the week ending Jan 4, 2019, according to the newest data from the Mortgage Bankers Association‘s weekly Mortgage Applications Survey. Notably, this week’s reading includes adjustments to account for the New Year’s holiday. “Mortgage rates fell across the board last …

Continue Reading
Market Update

Plainfield, Illinois Market Update – December 2018

Here is the December 2018 residential real estate market update. December Plainfield, Illinois Property sales were 93, down -14.7% from 109 in December of 2017 and -35.0% lower than the 143 sales last month. The Average Sales Price in December was $269,457, up 14.8% from $234,820 in December of 2017 and up 2.2% from $263,722 …

Continue Reading
Home Buying

Lemont, Illinois Homes for Sale

Are you looking to move to, or within, Lemont, Illinois? This conveniently located Chicago suburbs offers various housing options (and a variety of new, local restaurants such as Wooden Paddle and Fork and Spoon, also.) Click here to see a list of properties currently on the market in Lemont, Illinois.  With over four decades of …

Continue Reading
Home Buying

Orland Park Real Estate – Homes for Sale $500k +

Are you looking for a home in Orland Park, Illinois? Click here to view a current list of Orland Park homes for sale, priced $500,000+.  There is this beautiful, custom home for sale in sought-after and conveniently located Arbor Pointe in Orland Park. With an office in Orland Park, and Naperville, The Glockler Group has …

Continue Reading