#chicagohome

[conexaoamerica]

📍@chicagotheatre • • Anyone else excited for warmer weather in Chicago? 🌇 • • • Have a great day everyone! 🙌🏼 • ➢ Credit 👉🏆📸 @borntoseephoto • • • ➢ Follow 👉 🇺🇸@conexao.america for more photos and movies about United States 🇺🇸 • • • ➢ Alliance @america_states @enjoy_la_ @latinbrazil • • • ➢ ✈ Mark your photo with tag #conexaoamerica or @conexao.america and we'll post it! • • • #chicago #likechicago #mychicagopix #lifeofchicago #choosechicago #forbestravelguide #chicagophotographer #chicagohome #chitecture #instaphoto #chi_shooters #artofchi #igerschicago #mychicagopix (em Chicago, Illinois) https://www.instagram.com/p/CpNC5brOLTv/?igshid=NGJjMDIxMWI=

[nailvidachi]

✨Tis the season 🫔🫔🫔🫔 Shop @ Nailvida.com • • • • • • • #chicago #chicagohome #explorechicago #artofchi #lifeofchicago #chitoday #chicity #chicagogrammers #downtownchicago #chicagoland #chicagogram #therealchicago #chicagopulse #chicagolife #christmassweater #clothingbrand #onlineboutique #clothingboutique #fashionbrand #chicagosmallbusiness #latinashops #outfitblogger #latinaownedbusiness (at Chicago, Illinois) https://www.instagram.com/p/CmC3pW4L2aL/?igshid=NGJjMDIxMWI=

[unitedstatesphotos]

Chicago: city for all seasons Photo by 📸 @inairshare_designer • • • • • • • • • • • • • • #chicago #unitedstatesphotos #chicagophotographer #explore #chicagoskyline #chicagophotography #lifeviachicago #likechicago #travelchicago #photo #choosechicago #windycity #chitown #chicagohome #epicchicago #picture #explorechicago #miaacapture #lightroom #360chicago #lakeshoredrive #lakemichigan #chilenscrafters #igerschicago #chishooters #pic #onlyinchicago #instagram #picoftheday #picofday (at Chicago, Illinois) https://www.instagram.com/p/ChsqBQtM7lS/?igshid=NGJjMDIxMWI=

[howmuchisyourhomeworth]

✔️Mortgage interest rates over 5%. Median asking prices nearing the $400,000 mark. A decrease in homebuyer demand. Has the time finally come for sellers to drop their asking prices⁉️ The answer may be yes⏰, according to a recent Redfin analysis.1 Check it out: • ✔️Interest rates had their highest three-month spike since May 1994. • ✔️A typical homebuyer's monthly mortgage payment increased by 35% year-over-year to an all-time high of $2,288. • ✔️In response to the unfavorable buying conditions, 3% fewer people searched “homes for sale” on Google compared to last year. The Redfin Homebuyer Demand Index—which measures home tour requests and other real estate professional-related services—declined 3% in four weeks. And mortgage purchase applications were down 6% from one year ago. • ✔️For the four-week period ending April 10, the asking prices on homes for sale dropped 13%. The share of listings with price drops grew at its fastest rate since 2015. . Please contact me if you need assistance. As always, it is a pleasure staying in touch with you👍. 1Tim Ellis, “Housing market update: Demand slips, pushing more sellers to drop asking prices,” Redfin, last updated April 14, 2022. . 👉Thinking about buying or selling a real estate thing year?👈 🔜Contact Kinga Andrzejewska with @properties for free consultation 📞 773.704.4301 . #houseforsale #property #kingaandrzejewska #chicagorealestate #chicagorealtor #homesforsalechicsgo #investment #housing #chicago #chicagonieruchomosci #polskiagent #domnasprzedaz #wycenanieruchomosci #chicagorealestateagent #chicagohome #glenviewhome #northbrookralestate #chicagoinvestment #realestateglenview #realestatemountprospect (at Chicago, Illinois) https://www.instagram.com/p/CdGcaAHrsJN/?igshid=NGJjMDIxMWI=

[kmrealtygroup]

The Current State of the Housing Market

If you've been feeling uncertain about the current state of the housing market and are concerned about a potential housing crash, it's important to understand the data and factors that indicate a different scenario. Let's dive into the facts and dispel any fears or misconceptions.

Stricter Lending Standards Ensure Stability

Before the 2008 housing crisis, it was easier to get a home loan with more lenient lending standards. However, today's lending landscape has changed. Mortgage companies have implemented stricter lending criteria, making it harder to qualify for loans.

This shift in standards has reduced the risk of mass defaults and foreclosures, ensuring greater stability in the housing market.

Limited Inventory Supports Price Stability

During the housing crash, there was an oversupply of homes on the market, causing prices to tumble. However, the current housing market has a shortage of available homes for sale. The limited inventory is preventing a repeat of the past crash.

According to data from the National Association of Realtors (NAR) and the Federal Reserve, there is a significantly lower supply of homes today compared to the peak levels seen during the previous crisis. This scarcity of inventory has supported price stability in the market.

Homeowners' Cautious Approach

Another factor contributing to the market's strength is homeowners' cautious behavior. Unlike in the early 2000s, homeowners today are not tapping into their home equity for non-essential expenses.

Black Knight reports that homeowners have more equity available than ever before, but they are not extensively using it. This responsible approach reduces the risk of foreclosure and distressed properties flooding the market.

Conclusion

In conclusion, the current data and analysis provide reassurance that we are not headed for a housing crash. Stricter lending standards, limited inventory, and homeowners' cautious approach all contribute to a stable housing market.

To gain more insights and expert guidance on navigating the real estate landscape, reach out to KM Realty Group LLC, Chicago's top-rated real estate experts.

Learn more about the current state of the housing market and dispel any remaining fear and uncertainty.

[epoxyfloorcoatingusa]

Transform Your Garage into a Modern Haven in Chicago!

Hello, fellow Chicagoans! 🌆 Are you tired of the same old, drab garage? Dreaming of a space that not only stores your vehicle but also reflects your personal style? You're in luck! At Epoxy Floor Coating USA, we specialize in transforming garages into modern, stylish, and functional spaces. Imagine stepping into a garage that is sleek, clean, and beautifully designed. A place where every detail reflects quality and sophistication. Sounds like a dream, doesn't it? Well, we are here to turn that dream into reality! Our team of experts is dedicated to providing you with the best garage flooring solutions in Chicago. From epoxy to polyaspartic floor coatings, we have a range of options to suit your needs and preferences. And the best part? These coatings are not only aesthetically pleasing but also incredibly durable, ensuring that your garage stands the test of time. So, why wait? Call us today to explore our services and book your appointment. Let's work together to create a garage space that you will be proud to show off to your friends and family! Ready to embark on this transformation journey?

Call us at (331) 204 5055

[smqrschicago]

Need a thorough cleaning for your #ChicagoHome? ServiceMaster QRS specializes in deep cleaning. Call us now. Chicago: (773) 362-2667, Suburbs: (847) 851-4436.

📧 Message us: https://bit.ly/contactQRS

#DeepCleaning #ResidentialCleaning #ServiceMasterQRS

[nbalovers]

Bulls vs. Blazers: Start time, where to watch, what’s the latest The Chicago Bulls play against the Por... #usa #uk

[residentialgarageflooring]

"Upgrade Your Garage with Epoxy Floor Tiles"

Tired of dealing with cracked and stained garage floors? Our epoxy floor tiles are the perfect solution. They're not only easy to clean but also look fantastic.

Give us a call at (331) 204 5055 and let's discuss how to revamp your garage today! 🌟🎨

#EpoxyFloorTiles #GarageMakeover #ChicagoHome 🏚️🔧

[travelradar]

Chicago, Lathrop Homes in the Lincoln Park neighborhood Credit: @chidrone #chicago #chitown #shotsofchicago #chicagoshots #chishooters #epic_chicago #travelradar.com #chicity #chicagophotographer #chicagoaerial #likechicago #chicagodowntown #skyline #dronedesire #chicagoarchitecture #chicagoflag #dailydrone #lifeofchicago #chikillerz #lifeviachicago #chilensecrafters #artofchi #chiarchitecture #chicagohome #yourshotphotographer #travelradar (at Chicago Lakeview & Lincoln Park Area) https://www.instagram.com/p/CilfK6MP_vM/?igshid=NGJjMDIxMWI=

[loveinthed]

Two North Riverside Plaza was designed by Holabird & Root as the headquarters of the Chicago Daily News. It was completed in 1929. Regarded as one of Chicago's premier Art Deco edifices, it was also groundbreaking in its urban design, with several firsts to its credit: • First in Chicago to have air rights over railroad tracks • First in America with an open-air plaza • First to take advantage of the Chicago riverfront as a visual and commercial. asset. The Chicago Daily News ceased operations in 1978 and the building has simply been known by its address since. The ramped concourse on the building's south side, which was originally the main lobby, now serves as the main entrance of the Ogilvie Transportation Center (formerly known as the Chicago & North Western Terminal). #Chicago #ChiTown #DowntownChicago #ArtDeco #Skyscraper #Modernism #ChiArchitecture #Chitecture #HolabirdandRoot #archi_ologie #BrickStory #ChicagoHome #VisitChiTown #EnjoyIllinois #ThisPlaceMatters (at Two North Riverside Plaza) https://www.instagram.com/p/COStl8Hjnw2/?igshid=92a4ka4r8gji

[conexaoamerica]

January in Chicago 😍 • • Happy Friday everyone! 🙌🏼 • • • ➢ Credit 👉🏆📸 @borntoseephoto • • • ➢ Follow 👉 🇺🇸@conexao.america for more photos and movies about United States 🇺🇸 • • • ➢ Alliance @america_states @enjoy_la_ @latinbrazil • • • ➢ ✈ Mark your photo with tag #conexaoamerica or @conexao.america and we'll post it! • • • #chicago #artofchi #likechicago #mychicagopix #lifeofchicago #insta_chicago #onlinechicago #choosechicago #chitecture #chicagophotographer #chicagohome #artofvisuals #citygrammers #beautifuldestinations #wonderful_places #chicagogram #forbestravelguide #bestoftheday #chitown #chicagoland #photoftheday (em Chicago, Illinois) https://www.instagram.com/p/CnXteTYvhpE/?igshid=NGJjMDIxMWI=

[nailvidachi]

🎄🎄🎄🐰🎄🎄🎄 🚨ONLY A COUPLE SIZES LEFT Shop Nailvida.com • • • • • #chicago #chicagohome #explorechicago #artofchi #lifeofchicago #chitoday #chicity #chicagogrammers #downtownchicago #chicagoland #chicagogram #therealchicago #chicagopulse #chicagolife #mexicomagico #clothingbrand #onlineboutique #clothingboutique #latinaownedsmallbusiness #latinaownedbusiness #smallbusiness #chicagosmallbusiness #badbunnychristmas #vendorschicago (at Chicago, Illinois) https://www.instagram.com/p/CmCRjHSrx89/?igshid=NGJjMDIxMWI=

[unitedstatesphotos]

Chicago looks great. Photo by 📸 @miazdreamer • • • • • • • • • • • • • • • #chicago #chicagoskyline #unitedstatesphotos #chicagophotographer #explore #chicagophotography #lifeviachicago #likechicago #travelchicago #photo #choosechicago #windycity #chitown #chicagohome #epicchicago #picture #explorechicago #miaacapture #lightroom #360chicago #lakeshoredrive #lakemichigan #chilenscrafters #igerschicago #chishooters #pic #onlyinchicago #instagram #picoftheday #picofday (at Chicago, Illinois) https://www.instagram.com/p/CdYy48qMhmr/?igshid=NGJjMDIxMWI=

[demasrusli]

'you are confined only by the walls you build yourself' // i left @lucys9 to self-quarantine in this glass box in Chicago 😅 would you want to self-isolate at this spot? 👆🏻 are you scared of heights? - throwback to last year when we visited this epic location (Skydeck Chicago) inside the tallest building in the western hemisphere, the Willis Tower! 🤯 couldn't believe our luck with the sky conditions too! 😍 - #hellofrom Chicago, Illinois #chicago #skydeckchicago . . . . . #sonyalpha #designboom #chicagohome #chi_shooters #adorama #voyaged #visualmobs #creativeoptic #hsdailyfeature #moodygrams #streetmobs #agameoftones #artofvisuals #discoverearth #reflectiongram #visittheusa #eclectic_shotz #visualambassadors #visitchitown #streets_vision #lensbible #complexphotos #citygrammers #urbanromantix #urbanandstreet #createyourstory #citykillerz (at Skydeck Chicago) https://www.instagram.com/p/B-WpveWHBOc/?igshid=1koqbqlgp5ob4

[kmrealtygroup]

From Renting to Owning: Making the Powerful Move

Renting may provide temporary convenience, but when it comes to long-term financial growth, making the transition from renting to owning a home is a powerful move.

The value of homes in Chicago, IL, makes homeownership an attractive and lucrative investment opportunity.

In this article, we will explore the reasons why renting should be considered a stepping stone toward homeownership in Chicago.

The Financial Advantages of Homeownership

Owning a home offers numerous financial benefits that renting cannot match. As Head of Commodities at S&P Dow Jones Indices, Brian D. Luke, explains, home prices have a long and reliable history of increasing in value over time.

Even when the housing market experiences occasional dips, such as during the 2008 housing market crash, home values tend to recover and continue appreciating.

By owning a home, you have the opportunity to build equity and grow your net worth as your property's value increases.

Chicago's Growing Real Estate Market

The real estate market in Chicago, IL, is dynamic and shows consistent growth. The strong demand for housing in the city, coupled with limited inventory, has contributed to an upward trend in home prices.

This favorable market condition indicates that investing in real estate in Chicago can be a lucrative venture, providing solid returns on investment over the long term.

Transitioning from Renting to Owning

Making the transition from renting to owning is a significant milestone that can have a lasting impact on your financial future.

While renting provides flexibility, owning a home allows you to build equity and create a valuable asset that can be appreciated over time.

Instead of paying monthly rent, your mortgage payments contribute to building equity and increasing your net worth.

Furthermore, homeownership provides stability and a sense of belonging to a community, benefits that renting cannot offer.

Expert Guidance for Homeownership

Navigating the process of homeownership can be complex, especially for first-time buyers. That's why it is essential to seek guidance from real estate experts who are familiar with the value of homes in Chicago.

KM Realty Group LLC specializes in the Chicago real estate market and can provide valuable insight and assistance throughout the home buying process.

They can help you identify suitable properties, negotiate favorable terms, and guide you toward a successful homeownership journey.

Conclusion

In conclusion, transitioning from renting to owning a home is a powerful move that can significantly impact your financial future.

The value of homes in Chicago, IL, provides a prime opportunity for real estate investment and wealth accumulation.

It's time to take the next step toward homeownership in Chicago. And get started on your path to owning a valuable asset and securing your financial future.Learn more about the value of homes in Chicago, IL, and the importance of transitioning from renting to homeownership.