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Third Quarter 2017 Market Report

October 25, 2017 by Maureen Moran Leave a Comment

Total home sales in Chicago is down 2.6% from this time last year, though the median sale price is up 5.8% over the same period. Low inventory remains a problem. Market times have dropped from last year by 11%, as home buyers who are in a position where they need to move are still moving. This market reflects that optional move up buying has slowed.

Take a look at the market for the neighborhoods I serve. If you are thinking of making a move, or just curious, I can help you navigate the process with my objective, data-driven perspective and over 20 years of experience.

Selling Your Home? Make Sure the Price Is Right!

February 8, 2017 by Maureen Moran Leave a Comment

In today’s market, where demand is outpacing supply in many regions of the country, pricing a house is one of the biggest challenges real estate professionals face. [Read more…]

Sales at Highest Pace in 10 Years! [INFOGRAPHIC]

January 30, 2017 by Maureen Moran Leave a Comment

[Read more…]

Will Increasing Mortgage Rates Impact Home Prices?

January 25, 2017 by Maureen Moran Leave a Comment

There are some who are calling for a decrease in home prices should mortgage interest rates begin to rise rapidly. Intuitively, this makes sense as the cost of a home is determined by the price of the home, plus the cost of financing that home. If mortgage interest rates increase, fewer people will be able to buy, and logic says prices will fall if demand decreases. [Read more…]

Homeowner’s Net Worth Is 45x Greater Than A Renter’s

January 23, 2017 by Maureen Moran Leave a Comment

Every three years, the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400). [Read more…]

5 Myths About Real Estate Reality TV Explained

January 20, 2017 by Maureen Moran Leave a Comment

Have you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session? [Read more…]

Inadequate Inventory Driving Prices Up

January 13, 2017 by Maureen Moran Leave a Comment

The latest Existing Home Sales Report from the National Association of Realtors (NAR) revealed a direct correlation between a lack of inventory and rising prices. [Read more…]

Year-Over-Year Sales Increases Reach Double Digits in 5 Price Categories

January 11, 2017 by Maureen Moran Leave a Comment

The National Association of Realtors’ most recent Existing Home Sales Report revealed that, compared to last year, home sales are up dramatically in five of the six price ranges they measure. [Read more…]

Home Sales Expected to Increase Nicely in 2017

January 10, 2017 by Maureen Moran Leave a Comment

The National Association of Realtors, The Mortgage Bankers’ Association, Freddie Mac and Fannie Mae are all projecting that home sales will increase in 2017. [Read more…]

Existing Home Sales Surge Through The Holidays

December 28, 2016 by Maureen Moran Leave a Comment

Some Highlights:

[Read more…]

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Doing business as Maureen Moran, Realtor, I recognize that you expect privacy and security when it comes to information that personally identifies you and allows you to be individually contacted ('Personal Information'). I have adopted the following online privacy policy because I understand the need to safeguard the information you may be providing to us at our web site.

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