Monday, July 26, 2021 / by Teresa Ryan
If you’re a prospective buyer or seller, it’s important to understand the current real estate market conditions and how they affect you. The Counselors of Real Estate (CRE) just released its Top Ten Issues Affecting Real Estate report. Here are three hot topics from the list and how they impact today’s housing market.
Technology Acceleration and Innovation
The past year ushered in many changes to the real estate industry, especially when it comes to technology. The CRE report elaborates on this:
“Lockdown-driven changes in our work, in the economy, in social structures, and in our personal behavior have pushed our reluctance aside. The acceleration and adoption of technology during the pandemic has impacted everything, and real estate is no exception.”
For real estate, innovations like digital documentation, virtual tours, and video chat enable agents to connect with clients no matter their location. These op/ ...
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Thursday, July 22, 2021 / by Teresa Ryan
As we move into the second half of the year, one thing is clear: the current real estate market is one for the record books. The exact mix of conditions we have today creates opportunities for both buyers and sellers. Here’s a look at four key components that are shaping this unprecedented market.
A Shortage of Homes for Sale
Earlier this year, the number of homes available for sale fell to an all-time low. In recent months, however, inventory levels are starting to trend up. The latest Monthly Housing Market Trends Report from realtor.com says:
“In June, newly listed homes grew by 5.5% on a year-over-year basis, and by 10.9% on a month-over-month basis. Typically, fewer newly listed homes appear on the market in the month of June compared to May. This year, growth in new listings is continuing later into the summer season, a welcome sign for a tight housing market.”
This is good news for buyers who crave more / ...
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naperville il, teresa ryan, century 21 affiliated naperville, ryan hill group, homebuyer, homebuying tips, first time homebuyer, home buying tips, home seller naperville, homeselling tips, buy a house, sell a house, sell a real estate, home seller, real estate investor, relocation guide, housing market, home pricing, home search
Friday, June 11, 2021 / by Teresa Ryan
Some Highlights
Longer days and sunny weather mean summer is upon us, and what better conditions than right now to upgrade to the home of your dreams?
If your needs have changed, it’s a great time to upgrade – there’s likely high demand for your current house, and today’s low mortgage rates can help you afford your dream home.
If you’re ready to upgrade to a home that matches your changing needs, let’s connect today.
Call Teresa Ryan at 630-718-0424 today, for your home buying and selling needs in Naperville and the Western Suburbs of Chicago. For inquiries, please call 630-276-7575.
Subscribe to our YouTube Channel for real estate insights, updates, and news!
http://bit.ly/RHGChannel
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naperville il, teresa ryan, century 21 affiliated naperville, ryan hill group, homebuyer, homebuying tips, first time homebuyer, home buying tips, home seller naperville, homeselling tips, buy a house, sell a house, sell a real estate, home seller, real estate investor
Friday, May 21, 2021 / by Teresa Ryan
Some Highlights
For the eighth year in a row, real estate maintained its position as the preferred long-term investment among Americans.
Real estate has been gaining ground against stocks, gold, and savings accounts over the last 11 years and now stands at its highest rating in survey history.
Let’s connect if you’re ready to make real estate your best investment this year.
Call Teresa Ryan at 630-718-0424 today, for your home buying and selling needs in Naperville and the Western Suburbs of Chicago. For inquiries, please call 630-276-7575.
Subscribe to our YouTube Channel for real estate insights, updates, and news!
http://bit.ly/RHGChannel
Join us on social:
Facebook: https://www.facebook.com/RyanHillGroup/
Twitter: https://twitter.com/ryanhillgroup
Instagram: https://www.instagram.com/ryanhillgroup/ ...
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naperville il, teresa ryan, century 21 affiliated naperville, ryan hill group, homebuyer, homebuying tips, first time homebuyer, home buying tips, real estate investor
Tuesday, May 18, 2021 / by Teresa Ryan
Last month, in a post on the Liberty Street Economics blog, the Federal Reserve Bank of New York noted that Americans believe buying a home is definitely or probably a better investment than buying stocks. Last week, a Gallup Poll reaffirmed those findings.
In an article on the current real estate market, Gallup reports:
“Gallup usually finds that Americans regard real estate as the best long-term investment among several options — seeing it as superior to stocks, gold, savings accounts and bonds. This year, 41% choose real estate as the best investment, up from 35% a year ago, with stocks a distant second.”
Here’s the breakdown:
The article goes on to say:
“The 41% choosing real estate is the highest selecting any of the five investment options in the 11 years Gallup has asked this question.”
Is real estate really a secure investment right now?
Some question American confiden/ ...
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naperville il, teresa ryan, century 21 affiliated naperville, ryan hill group, homebuyer, homebuying tips, first time homebuyer, home buying tips, buy a house, real estate investor
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