Where Is the Housing Market Headed for the Rest of 2020? [INFOGRAPHIC]

Some Highlights: The housing market is forecasted to finish the year with growing strength. Historically low mortgage rates are creating great potential for homebuyers, and home sales are on the rise. If you’re thinking of buying or selling a home this year, let’s connect to maximize your opportunity today.

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Home Sales Surging This Summer

Home Sales Surging This Summer

 

Climbing home sales and values are strong signs that the housing market is recovering. Let's connect to plan the best way for you to move forward in your real estate goals this year.

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Will We See a Surge of Homebuyers Moving to the Suburbs?

As remote work continues on for many businesses and Americans weigh the risks of being in densely populated areas, will more people start to move out of bigger cities? Spending extra time at home and dreaming of more indoor and outdoor space is certainly sparking some interest among homebuyers. Early data shows an initial trend ...

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563 Barclay Drive Bolingbrook, IL 60440

Property Site: http://tour.corelistingmachine.com/home/U28RQQ/563-Barclay-Drive-Bolingbrook-IL-10798622

This is the home you have dreamed of! This incredibly beautiful house has been updated to perfection. With a walkout basement overlooking a beautiful Forest Preserve, it made this one of the most desired properties in all of Bolingbrook. Hardwood floors throughout the entire first level stairs and hallway. Newer kitchen cabinets, newer appliances, office on the main level overlooking the forest preserve. This house has the style and panache thatll make you the envy of the neighborhood. Here is a list of items that have updated on this property. Deck - Timbertech composite, installed 2014 Patio - Stamped concrete, installed 2014 Washer - Samsung, new 2020 Dryer - Samsung, new 2013 Fridge - Samsung 4 door flex zone, new 2018 Air conditioner - Kenmore, new 2018 Central humidifier - Aprilaire, new 2016 Kitchen remodel 2014 - cabinets (soft close, pull out shelves), granite countertops, cracked glass back-splash, dishwasher, microwave, garbage disposal, touch-activated faucet Flooring - Strand woven bamboo, 2014 Ring Doorbell - new 2020 Furnace and fireplace serviced and cleaned 2019 Air ducts cleaned 2019 This house can be a quick close. Everything has been done in this house. All you need is your toothbrush. DONT WAIT!

Bedrooms: 4

Bathrooms: 3

Square feet: 3,441

Price: $389,900

For more information about this property, please contact Keith Kreis at 630-673-0306 or Keith.Kreis@gmail.com. You can also text 6371038 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).

See more listings at: https://dreamhomebykeith.com/

MLS ID: 10798622

http://Dreamhomesbykeith/ http:// https://twitter.com/Dreamhomebykei1 http://youtube.com/c/KeithKreis

Homeownership Rate Continues to Rise in 2020

So far, it’s been quite a ride this year, and our nation has truly seen its fair share of hurdles. From COVID-19 to record unemployment and then the resulting recession, just to name a few, the second quarter of 2020 has had more than a few challenges. Amidst the many roadblocks, however, the U.S. homeownership ...

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Guidance and Support Are Key When Buying Your First Home

In June, the number of first-time homebuyers accounted for 35% of the existing homes sold, a trend that’s been building steadily throughout the year. According to the National Association of Realtors (NAR): “The share of first-time buyers increased in March through June—right into the heart of the pandemic period and the surge in unemployment—and is ...

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Three of the Latest Reports Show Housing Market Is Strong

The residential real estate market is remaining resilient as the country still struggles to beat the COVID-19 pandemic. Three separate reports recently revealed how the housing market is still showing growth. Here’s a look at each one. 1. Ivy Zelman’s Real Estate Broker Survey The survey explains that purchaser demand remains strong: “This month’s overall ...

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Is It a Good Time to Buy or Sell a Home?

Is It a Good Time to Buy or Sell a Home?

A recent study from Fannie Mae shows that both buyers and sellers think it's an increasingly good time to make a move. Let’s connect to take your plans forward this year.

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A Real Estate Pro Is More Helpful Now than Ever [INFOGRAPHIC]

Some Highlights A recent study shared by NAR notes that both buyers and sellers think an agent is more helpful than ever during the current health crisis. Expertise and professionalism are highly valued and can save buyers and sellers time and effort along the way. If you’re thinking of buying or selling a home this ...

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Home Sales Hit a Record-Setting Rebound

With a worldwide health crisis that drove a pause in the economy this year, the housing market was greatly impacted. Many have been eagerly awaiting some bright signs of a recovery. Based on the latest Existing Home Sales Report from the National Association of Realtors (NAR), June hit a much-anticipated record-setting rebound to ignite that ...

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Two Reasons We Won’t See a Rush of Foreclosures This Fall

The health crisis we face as a country has led businesses all over the nation to reduce or discontinue their services altogether. This pause in the economy has greatly impacted the workforce and as a result, many people have been laid off or furloughed. Naturally, that would lead many to believe we might see a ...

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A Remarkable Recovery for the Housing Market

For months now the vast majority of Americans have been asking the same question: When will the economy turn around? Many experts have been saying the housing market will lead the way to a recovery, and today we’re seeing signs of that coming to light. With record-low mortgage rates driving high demand from potential buyers, ...

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Thinking of Getting Your House Ready to Sell?

Thinking of Getting Your House Ready to Sell?

Houses are in high demand this spring, making it a great time to sell. Let's connect to plan how you can get your house ready for potential buyers.

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Thinking of Selling Your House? Now May be the Right Time

Inventory is arguably the biggest challenge for buyers in today’s housing market. There are simply more buyers actively looking for homes to purchase than there are sellers selling them, so the scale is tipped in favor of the sellers. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), total ...

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Real Estate is a Top Investment

Real Estate is a Top Investment

For the 7th year running, Americans have ranked real estate as a top long-term investment. Let's connect to discuss your real estate plans for this year.

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Mortgage Rates Fall Below 3% [INFOGRAPHIC]

Some Highlights Mortgage rates hit another all-time low, falling below 3% this week. If you’re ready to buy a home, now is a great time to truly get more for your money at this historic moment. Let’s connect today to determine your best next steps toward homeownership.

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Does Your Home Have What Buyers Are Looking For?

There’s great opportunity for today’s homeowners to sell their houses and make a move, yet due to the impact of the ongoing health crisis, some sellers are taking their time coming back to the market. According to Javier Vivas, Director of Economic Research at realtor.com: “Sellers continue returning to the market at a cautious pace ...

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Buying Remains Cheaper Than Renting

Buying Remains Cheaper Than Renting

The latest Rent vs. Buy Report from Trulia shows that homeownership is still cheaper than renting in 98 of the 100 largest metro areas in the United States. Let's get together to find you your dream home - it may be cheaper than you think!

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Mortgage Rates Hit Record Lows for Three Consecutive Weeks

Over the past several weeks, Freddie Mac has reported the average 30-year fixed mortgage rate dropping to record lows, all the way down to 3.03%. Last week’s reported rate reached the lowest point in the history of the survey, which dates back to 1971 (See graph below): What does this mean for buyers? This is ...

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What Are Experts Saying about Home Prices?

Last week, a very well-respected real estate analytics firm surprised many with their home price projection for the next twelve months. CoreLogic, in their latest Home Price Index said: “The economic downturn that started in March 2020 is predicted to cause a 6.6% drop in the HPI by May 2021, which would be the first ...

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Why Homes Are More Affordable This Year

Why Homes Are More Affordable This Year

Today's low interest rates are driving home affordability. Let's connect to discuss how buying a home may be a great move for you this year.

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Buyers: Are You Ready for a Bidding War?

With businesses reopening throughout the country and some experts indicating early signs of a much-anticipated economic recovery, more homebuyers are actively entering the housing market this summer. Today, housing is truly driving the U.S. economy forward. With so many buyers looking for homes to purchase and so few houses for sale right now, there’s a ...

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Should You Use Your Equity to Move Up?

Should You Use Your Equity to Move Up?

Current market trends make this a great time to use your equity to move-up to the home of your dreams. Let's connect to determine how much equity you have to put toward your next home.

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Americans Rank Real Estate Best Investment for 7 Years Running

Some Highlights Real estate has outranked stocks, savings accounts, and gold as the best long-term investment among Americans for the past 7 years. The belief in the stability of housing as a long-term investment remains strong, despite the many challenges our economy faces today. Of the four listed, real estate is also the only investment you ...

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Not All Agents Are Created Equal

In today’s fast-paced world where answers are just a Google search away, there are some who may question the benefits of hiring a real estate professional when selling a house. The reality is, the addition of more information can lead to more confusion. A real estate agent can be your essential guide, but truth be ...

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Should I Put My Home Up For Sale This Summer?

Should I Put My Home Up For Sale This Summer?

The number of homes for sale has been increasing since February 2019. If you're thinking of selling, let's get together to chat about how you can take advantage of the market this summer!

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Top 5 Reasons You Shouldn't FSBO

Top 5 Reasons You Shouldn't FSBO

As home prices continue to rise, a lack of inventory remains a crucial challenge in today's market which has some homeowners trying to sell their homes on their own.

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Best Time to Sell? When Competition Is at an All-Time Low

In a recent survey of home sellers by Qualtrics, 87% of respondents said they were concerned their home won’t sell because of the pandemic and resulting economic recession. Of the respondents, 51% said they are “seriously worried.” That concern seems reasonable considering the current condition of the economy. The data, however, is showing that home ...

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Taking Advantage of Homebuying Affordability in Today’s Market

Everyone is ready to buy a home at a different time in their lives, and a health crisis or not, today is no exception. Understanding how affordability works and the main market factors that impact it may help those who are ready to buy a home narrow down their optimal window of time to make ...

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Latest Unemployment Report: Great News…for the Most Part

The Bureau of Labor Statistics (BLS) released their latest Employment Situation Summary last Thursday, and it again beat analysts’ expectations in a big way. The consensus was for 3,074,000 jobs to be added in June. The report revealed that 4,800,000 jobs were added. The unemployment rate fell to 11.1% from 13.3% last month. Again, excellent ...

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When Will the Economy Turn Around?

When Will the Economy Turn Around?

Experts project an economic recovery is in sight, and real estate is positioned to lead the way. Let’s connect to discuss how this rebound impacts our local housing market.

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America Is Another Name for Opportunity [INFOGRAPHIC]

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Is the Health Crisis Driving Buyers Out of Urban Areas?

The pandemic has caused consumers to re-examine the components that make up the “perfect home.” Many families are no longer comfortable with the locations and layouts of their existing homes. The allure of city life (more congested) seems to be giving way to either suburban or rural life (less congested). The fascination with an open ...

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3 Keys to Selling Your House Quickly

3 Keys to Selling Your House Quickly

Ready to sell your house? Let's connect to make sure it sells quickly. Here are three tips to get you started.

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A Historic Rebound for the Housing Market

Pending Home Sales increased by 44.3% in May, registering the highest month-over-month gain in the index since the National Association of Realtors (NAR) started tracking this metric in January 2001. So, what exactly are pending home sales, and why is this rebound so important? According to NAR, the Pending Home Sales Index (PHS) is: “A ...

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