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Why Big Investors Aren’t a Challenge for Today’s Chicago Homebuyer

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R emember the chatter in the headlines about all the homes big institutional investors were buying in the Chicago housing market? If you were thinking about   buying a home in Chicago   y ourself, you may have wondered how you’d ever be able to compete with that. Here’s the thing. That’s not the challenge so many people think it is – especially right now. Let’s break down what’s going on and why the  recent shift in the Chicago housing market  could tip the scales in your favor. Large Investors Are Pulling Back The truth is institutional investors never represented as big a share of the housing market as people think. And now, they’re backing off even more. Today, big real estate investors aren’t buying as many homes. In fact, they’re actually selling more than they’re buying. According to  data  from  Parcl Labs , 6 out of 8 of the largest institutional single-family rental investment companies in America sold more homes than they bought in the second...

5 Reasons To Hire a Real Estate Agent When You Sell

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  Some Highlights The  right agent  doesn’t just list your house — they help you sell smarter, faster, and with fewer surprises. With an agent’s help, you’ll know what’s happening in your local market and how  to price  your house right. You’ll feel confident filling out complex legal documents and at the negotiation table. And that’s priceless. Let’s connect with Chicago’s  top-rated real estate agents  so you have that expertise on your side.

Multi-Generational Homebuying Hit a Record High – Here’s Why

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Multi-generational living in Chicago is on the rise. According to the National Association of Realtors (NAR), 17% of homebuyers purchase multi-generational homes to share with parents, adult children, or extended family. That’s the highest share ever recorded by NAR ( see graph below ): And what’s behind the increase in multi-generational homes Chicago families are buying? Affordability. NAR explains : “In 2024, a notable 36% of homebuyers cited 'cost savings' as the primary reason for purchasing a multigenerational home—a significant increase from just 15% in 2015.” In the past, caregiving was the leading motivator, especially for those looking to support aging parents. And while that’s still important, affordability is now the #1 motivator. And with current market conditions, that’s not a surprise. [ 111,285 Reasons You Should Buy a Home ] Pooling Resources Can Help Make Homeownership Possible With today’s home prices and mortgage rates, it can be hard for people to affor...

Cook County Down Payment Assistance Program (2025) is Back Open

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Buying a home in Cook County just got a little easier — eligible buyers can now get up to $25,000 in financial assistance. Overview of the Program and Its Purpose First-time homebuyers in Cook County and surrounding areas often find saving for a down payment to be a major hurdle, especially with rising home prices and interest rates. To address this, Cook County launched the Down Payment Assistance Program in 2024 as a pilot initiative to help make homeownership more attainable for local residents. The program provides financial assistance toward down payments and closing costs, easing the upfront burden for buyers and opening the door to homeownership for those who might otherwise be priced out. Cook County Board President  Toni Preckwinkle  noted that  “ rising prices and interest rates have made saving for a down payment more difficult than ever,”  and this program is a direct response to that reality . In short, the program’s purpose is to expand affordable homeo...