Renting in Chicago keeps getting more expensive, another good reason to switch from renting to owning. The latest data from apartment research firm Yardi Matrix shows that renters paid… read more →
Should you buy a home or rent? That’s a big question for many, and the Chicago Tribune recently ran an interesting feature story looking at the pros and cons of… read more →
More adults are living together these days. The reason? Rents are too high. That’s the news from a recent study by Zillow showing that more adult renters are living… read more →
Wondering whether it makes more financial sense to buy a single-family home or condominium in Chicago than it does to rent an apartment here? A recent feature story by REALTOR(R)… read more →
Homeownership rates have been stagnant for a while now, and that didn’t change in the third quarter of this year, according to the latest research from the U.S. Census Bureau.… read more →
Is a loan insured by the Federal Housing Administration — better known as an FHA loan — the right type of mortgage for you? It might be, if you are… read more →
It’s no secret that the national homeownership rate has been falling since 2006. And, as this story by Realty Times points out, this rate recently fell to 62.9 percent. That’s… read more →
You definitely don’t want to be house-poor. That happens when your mortgage loan payment sucks up too much of your monthly income. When these happens, it becomes extremely difficult to… read more →
If you want to rent an apartment in downtown Chicago, be prepared to pay up. It’s not cheap to rent in the center of the city. Maybe that’s why the… read more →
Chicago’s condo market continues to get stronger. Crain’s Chicago Business recently ran an interesting feature providing more proof: A growing number of developers are once again selling condominium units in… read more →