Real Estate

Where to find the cheapest land in Illinois

With home prices reaching record highs, many people believe the real estate market is at its peak. According to the Fiscal Times, it’s a seller’s market and most buyers want turnkey properties with homes already built. Despite this trend, for the adventurous few looking to buy land and build their dream homes or country ranch residences, affordable options still exist. The experts at FindTheHome used county public records to look at the sales of vacant lots since the beginning of 2014. How is Illinois faring? …

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Turns out, technology isn’t that crucial to buyers and sellers

I continually find myself caught in limbo between conducting my business the way I think it ought to be run and the way statistics show successful businesses are running. As a progressive millennial agent, it’s in my DNA to find exciting innovative spins to old boring business practices, but I am also a closet math nerd so I get equally excited about statistics …

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Tips for convincing your sellers to allow home showings

After searching for a home online, 76 percent of buyers’ next step is to drive by or view the home, according to the 2014 NAR Profile of Home Buyers and Sellers. The Internet can only show a potential buyer so much about a home, so it is crucial for buyers to walk through it, analyze the layout and structure, and scrutinize over the nitty-gritty details in hopes of imagining living there one day before purchasing …

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Three homes plus two days plus one neighborhood equals $12 million

One Lincoln Park block will be home to three new neighbors in the near future. In the course of just two days, three new or extensively renovated homes changed hands to the tune of $12 million. …

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Rise in shared homeownership fueled by cost and culture

The dream of homeownership is alive in Portland, Oregon, for Rhea Hindemit — thanks to a shared home purchase involving both her boyfriend and her dad. “I have always wanted to buy, understanding that it is a great investment,” 34-year-old Hindemit wrote in an email recounting her path to purchasing a home in November after renting for seven years …

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Redfin’s November report shows price and sales leaps in DC

The median price of a home in DC is now above half a million dollars, according to tracking by Redfin. Even though supply remains skimpy in both DC proper and the larger metro, sales were up year-over-year; and DC saw the largest gain in that metric for all of 2015 tracked thus far …

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Realtor confidence stays the same at the end of 2015

According to the most recent research report into matters of the market, the National Association of Realtors (NAR) the overall mood is optimistic. The November 2015 version of The Realtors Confidence Index (RCI) is based on the responses of 2,643 Realtors about local market conditions they saw for that month. …

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Podcast: Your New Year’s lead-generation plan

The countdown is on — we’re in that long final week before 2016. Your goal for the new year should be to meet or beat your production goals for 2015, and one of the foundational prospecting tools for this is your center of influence, or …

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November sales better than expected, but prices lag behind

Last month’s predictions that home sales would be stronger than previously anticipated came to fruition, with sales increasing 7.5 percent year-over-year in November, according to the most recent REAL Trends Housing Market Report …

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Miami sets new benchmark for annual home sales activity

Miami-Dade County real estate market is expected to set a new record for single-family home sales in 2015. According to the Miami Association of Realtors (MIAMI), the market registered 12,857 single-family home closings during the first 11 months of this year, putting the market on pace to eclipse the all-time annual single-family sales record of 13,521, which was established in …

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