Freddie Mac’s slogan is “We make home possible”—a claim that is literally true for more than a few Chicago homeowners. Freddie (the Federal Home Loan Mortgage Corp.) has the stated mission to keep money flowing […]
Author: Mike Padua
Fix Your Credit Score Quickly
Your credit score impacts every aspect of your life. Your credit score determines whether you qualify for a mortgage, auto loan, student loan, credit cards, personal or business loans, and the interest rates you pay. This is why, when […]
U.S. Real Estate Price Rises Projected to Cool in 2021
As Chicago nears the end of 2020, one of this year’s defining economic hallmarks was the sustained continuation of real estate price rises. According to last week’s email announcement from industry price monitor CoreLogic, U.S. […]
Why Chicago Listings are the Tip of an Impressive Iceberg
For everyone who is serious about searching for their next Chicago house, it’s no exaggeration to say that today’s Chicago MLS listings are an all-but-indispensable tool. Yes, it is still possible to find the property […]
For Chicago Home Sellers, this “13” is Lucky!
In any other year, when Chicago homeowners read an opening line like, “For the 13th time this year, the 30-year fixed-rate mortgage set a record low…,” their reaction would most likely be something like, “Wow! […]
How Does Goodwill Come into Play in Chicago Listings?
When you and your Realtor sit down to arrive at your property’s Chicago listing price, there is no controversy about the mutual goal. The object is to arrive at the highest figure that will attract […]
Details Emerge about Unforeseen Shift in Real Estate Activity
For anyone who follows Chicago real estate trends, this year has upended all expectations. Even following the declaration of the national pandemic emergency, the course of activity continued to follow an unpredictable path. Last Thursday, […]
Veterans Day: Why Wednesday?
“Why Wednesday?” Many residents will probably be wondering about Veterans Day scheduling. Except for Thanksgiving—the ever-Thursday celebration—most national observances are arranged to sidle up to or include a weekend, one way or another, making the […]
How Will You Score in this Chicago Real Estate Quiz?
Every profession creates them—an ever-expanding vocabulary of specialized terms, followed by the list of acronyms they spawn. Chicago real estate is certainly no exception Fortunately for the numerous house-hunters who have been out prospecting for […]
