Posts in category 'Uncategorized'
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30
Housing Market Forecasts for the Rest of 2025
If you've been watching the market, you've likely noticed a few changes already this year. But what's next? From home prices to mortgage rates, here's what the latest expert forecasts suggest for the rest of 2025 – and what these shifts could mean for you.
Will Home Prices Fall?
Many buyers are hoping home prices will come down soon. And recent headlines about prices dipping ...
29
The U.S. Foreclosure Map You Need To See
Foreclosure headlines are making noise again – and they're designed to stir up fear to get you to read them. But what the data shows is actually happening in the market tells a very different story than what you might be led to believe. So, before you jump to conclusions, it's important to look at the full picture.
Yes, foreclosure starts are up 7% in the first six months of the year. But zooming out shows that's nowhere near crisis levels. Here's why.
Filings Are Still Far Below Crash Levels
Even with the recent uptick, overall foreclosure fi...
28
The Latest Mortgage Rate Forecasts
Some Highlights
- If you're tempted to delay your move in hope that mortgage rates will come down, you may want to rethink that strategy based on the latest forecast.
- Experts say mortgage rates are projected to stay in the 6s this year. So don't expect a big drop.
- If you want to talk about what this means for your move, let's connect. As forecasts change, having an expert who can keep you updated is essential.
https://www.simplifyingthemarket.com/en/2025/07/22/the-latest-mortgage-rate-forecasts-infographic/?a=4138-27c7695017e7db27552ba2d09c29c1c8
27
Don't Make These Mistakes When Selling Your House
Are you thinking about selling your house? Some common mistakes today can make the process more stressful or even cost you money.
Fortunately, they're easy to avoid, as long as you know what to watch for. Let's break down the biggest seller slip-ups, and how an agent helps you steer clear of them.
1. Overpricing Your House
It's completely natural to want top dollar for your house, especially if you've put a lot of work into it. But in today's shifting market, pricing it too high can backfire. Investopedia explains:
"Setting a list price too high could mean your home struggles to attract buyers and stays on...
25
Clear Cooperation FAQ: The Multiple Listing Service, Private Listing Network, and Office Exclusives Explained
If you're thinking about selling your home, searching for a new one, or working as a real estate agent, it's important to understand your options when it comes to listings. Most homes today are listed on the Multiple Listing Service (MLS) — a central database used by real estate professionals to list properties for sale. The MLS is also the source that powers popular home search sites like Zillow, Redfin, Trulia, Realtor.com, and others. Here in the Chicagoland area, there is also a Private Listing Network (PLN), which is a subset of the MLS where listings can be shared among agents before becoming publicly available. You may have also heard about a third option — "pocket listings" or "office exclusives." These are real estate listings that are exclusive to a particular real estate brokerage's private website — that means they're not shared with the public nor any agents outside the listing brokerage.
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