KM Realty Group LLC Chicago

Foreclosure headlines are making noise again – and they’re designed to stir up fear to get you to read them. But what the data shows is actually happening in the market tells a very different story from what you might be led to believe. So, before you jump to conclusions, it’s important to look at the full picture. Yes, foreclosure starts are up 7% in the first six months of the year. But zooming out shows that’s nowhere near crisis levels. Here’s why. Filings Are Still Far Below Crash Levels Even with the recent uptick, overall foreclosure filings are still very low. In the first half of 2025, just 0.13% of homes had filed for foreclosure. That’s less than 1% of homes in this country. It’s even far less than that, at under a quarter of a percent. That’s a very small fraction of all the homes out there. But like with anything else in real estate, the numbers vary by market. Here’s the map you need to see that shows how foreclosure rates are lower than you might think, and how the...

  If you’ve been watching the market, you’ve likely noticed a few changes already this year. But what’s next? From home prices to  mortgage rate s, here’s what the latest  expert forecasts  suggest for the rest of 2025 — and what these shifts could mean for you. Will Home Prices Fall? Many buyers are hoping  home prices  will come down soon. And recent headlines about prices dipping in some areas are making some people believe it’s just a matter of time before there’s a bigger drop. But here are the facts. While home price growth is slowing down, that doesn’t mean we’re headed for a crash. As NAHB  explains : “House price growth slowed . . . partly due to a decline in demand and an increase in supply. Persistent high mortgage rates and increased inventory combined to ease upward pressure on house prices. These factors signaled a cooling market, following rapid gains seen in previous years.” But experts say, even with that slowdown, prices will still ri...

  Some Highlights If you’re tempted to delay your move in hopes that mortgage rates will come down, you may want to rethink that strategy based on the latest forecast. Experts say  mortgage rates  are projected to stay in the 6s this year, so don’t expect a big drop. If you want to talk about what this means for your move, connect with a  trusted Chicago realtor  from KM Realty Group LLC. As forecasts change, having a local expert who can keep you updated is essential. KM Realty Group LLC is located at 111 N Wabash Ave, #1734, Chicago, IL 60602. Call now (312) 283–0794.

  Are you thinking about selling your house? Some common   mistakes   today can make the process more stressful or even cost you money. Fortunately, home-selling mistakes are easy to avoid, as long as you know what to watch for. Let’s break down the biggest seller slip-ups and how an agent helps you steer clear of them. 1. Overpricing Your House It’s completely natural to want top dollar for your house, especially if you’ve put a lot of work into it. But in today’s shifting market, pricing it too high can backfire.   Investopedia   explains: “Setting a list price too high could mean your home struggles to attract buyers and stays on the market for longer.” And your house sitting on the market for a long time could lead to price cuts that raise red flags. That’s why pricing your house right from the start matters. A great real estate agent in Chicago   will look at what other homes nearby have sold for, the condition of your house, and what’s happening in yo...

  Looking for affordable homes in Chicago? Here are three houses for sale in Chicago under $310,000 — each offering unique value and features for first-time buyers, families, or anyone searching for a smart investment. 15321 Winchester Avenue, Harvey, IL 60426 at $160,000. 10212 S. Prairie Avenue, Chicago, IL 60628, for $160,000. 2820 W 84th Street, Chicago, IL 60652 at $310,000. 1. $160,000 – 15321 Winchester Avenue, Harvey, IL 60426 Listing by  Tammy Jackson Why Buy: This beautifully updated single-family home is move-in ready and perfect for first-time buyers. It offers an open-concept living space and a fenced backyard, making it great for families or anyone who enjoys entertaining. Key Features : ↳  Bedrooms:  3 ↳  Bathrooms:  2 ↳  Square Footage:  1,403 sq ft (estimated) ↳  Highlights: Modern kitchen with new appliances Fresh paint, new flooring, and updates throughout Fenced backyard and private driveway Close to schools and local park...

Chicago’s real estate market is full of talented agents. Agree? Yes. Black real estate professionals are making a major impact across the city. Whether you’re buying your first home or selling an investment property, having a realtor who understands Chicago’s diverse neighborhoods can make all the difference. This post will highlight some of the  top Black realtors in Chicago , starting with a leading name, Tammy Jackson. You’ll also find answers to common questions about working with black real estate agents, Black-owned brokerages, and choosing the right agent for your needs. Meet Tammy Jackson — Leading Black Realtor in Chicago Tammy Jackson  stands out as one of Chicago’s top Black realtors. She brings over 20 years of experience and a deep commitment to client success. As the Managing Broker and founder of  KM Realty Group LLC , Tammy leads a dedicated team that manages a lot of units across the Chicagoland area. She is known for her hands-on service and her deep hou...