Anyone who lived through the 2008 recession and subsequent housing market crash is likely feeling a little worried. After all, home prices have risen quite a bit in the past few years, and inflation is at a 40-year high.
But does that mean we’ll find ourselves in a situation similar to the late 2000s?
Likely not — because today’s market conditions are starkly different from what was happening in that period.
And in fact, the 2022 housing market is quite strong.
Are you unsure how to take care of your new property? This checklist from an experienced homeowner has you covered, so you'll be well on your way to success, even as a first-time buyer.
Buying a home can be complicated, but this list of what to do (and what not to do) during your purchase may help. Reach out if you're looking for further homebuying guidance from an expert.
If you're eyeing an investment property, taking out a home equity loan on your current house may be able to help you buy it. Here's what you need to know about this financing strategy.
Investing during inflation can be hard, but some options are stronger than others. And guess what? Experienced investors say real estate could be your best hedge against inflation.
All economic forecasters continue to have positive outlooks for the real estate market in general. Clearly, real estate markets differ from state to state and even neighborhood to neighborhood. When you're planning ahead to buy or sell, be sure to get expert local information about the market from a trusted advisor... Who's your Realtor? It matters!! Contact the Kolbus Home Team at (309)208-7720 or wkolbus@remax.net
- Wendy Kolbus
Wendy Kolbus | Kolbus Home Team Remax Traders Unlimited Realtor wkolbus@remax.net 3622 N Knoxville Ave Peoria , IL 61603 Phone: (309) 208-7720
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