Many feel they could have made a higher profit if they’d made better decisions. But are those regrets valid?

As home prices have surged in many places over the last five years, Illinois lagged the national average.

The Move Smarter Team at Berkshire Hathaway HomeServices Chicago has opened a new office in west suburban Geneva. 

The S&P CoreLogic Case-Shiller U.S. National Home Price Index rose 5.8% year-over-year in December, compared to a 7.6% gain in November.

The 8.1% month-over-month increase in the National Association of REALTORS® Pending Home Sales Index was the largest gain since June 2020. 

The median sales price of a new home declined on both a monthly and yearly basis, however, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.        

Mortgage insurance premiums on loans backed by the Federal Housing Administration will drop from 0.85% to 0.55% beginning March 20. 

Realtors in Northern Illinois are still bullish about the market, according to a new report from the Mainstreet Organization of REALTORS® — even though January 2023 showed decreased home sales year over year.

The former Keller Williams lending unit will operate alongside Mutual of Omaha Mortgage’s existing mortgage divisions. 

The 30-year fixed-rate mortgage averaged 6.32% as of Feb. 16, up from 6.12% a week before and 3.92% a year earlier. 

Two Illinois areas ranked high on SmartAsset’s list of the safest cities in America: Naperville and Aurora.

The pace of mortgage applications fell 7.7% in the week ended Feb. 10, the Mortgage Bankers Association reported. 

Builder confidence rose for the second consecutive month in February with a seven-point increase that brought it to its highest level since last September, the National Association of Home Builders said. 

With the spring housing market just around the corner, homebuyers are getting more for their money as their mortgage payments are stretching further than they have in recent months.

The REALTORS® Relief Foundation works to provide housing relief to victims of natural disasters. 

Rents continue to be an attractive option for potential homebuyers holding off until mortgage rates fall and for those not quite ready to buy.