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Interest Rate vs Median Sales Price

Mortgage interest rates are on the rise. This much is fact. I had a buyer ask me what I thought that meant for pricing. I'm no big city economist but I DO know how to show what has happened in the past.

Below you can see how interest rates c...

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Months Supply vs Median Sold Price

Is there a correlation to the amount of homes available and the price homes sell for? I do believe there is. Let's check the data!
...here's what the last few years of Grundy County single family homes looks like in comparing months supply of ...

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Staturday: Months Supply

We all know there are not enough homes on the market right now. How much has inventory changed over the past ten years in Grundy and Will County? This is an interesting look.

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Staturday

Hey friends,

This market is hot! How hot, you ask?

Well, it certainly feels to me and many others working with buyers that every house has multiple offers and sells for over list price. Of course, FEELS LIKE doesn't work for me, so I have...

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Some Sunday fun

Hi friends. Yesterday I posted market data on a #Staturdday post. I do this often.

Today I wanted to look at a specific graph, specifically the one below.

This is where I give the "always look into the numbers you're given/ graphs you...

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Staturday 4/24

Friends, I know you're dying to know the latest in Grundy and Will County housing statistics. A week or so back Illinois REALTORS released the sales data through the end of March. In Illinois (single family and condo) home sales are up 20.2% ov...

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#Staturday 3/20/21

Happy #Staturday, friends. The first one of Spring at that!

Today I thought it would be fun to look at the total volume of real estate dollars in Grundy and Will County for single family detached homes. Each of the below serve as monthly dat...

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Why Should I Trust You?

I had a prospective client ask me recently why he should trust me. I cannot recall that coming up before. Here's what I think:

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How To Get A Real Estate License in Illinois

Ever thought about becoming a real estate agent in Illinois? I'll make it an easy two-step process.

1. Watch this short video that Illinois REALTORS® just put out.

2. Call or text me at 815.712.7786 or email me at jim@loribonarekrealty...

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