Justin Banks - Findlay Real Estate Group

12/03/2022

Did you know that first-time buyers made up 26 percent of all homebuyers in 2022? Or that today’s sellers are typically living in their home an average of 10 years before deciding to sell? Learn facts about homebuyers and sellers in this updated infographic with data from NAR’s 2022 Profile of Home Buyers and Sellers. Download and share with colleagues and clients > https://bit.ly/3FfAsKf

10/23/2022

Recent price reduction 👀

Don’t miss out on this Oswego 3 bedroom 2 bathroom ranch style home! Waiting for your personal updates and finishing touches! If you are not currently working with an agent I would be happy to make an appointment to view this or any other properties today! Quick closing is possible!

Property listed by Robert Findlay of Findlay Real Estate Group Inc.

328 Boulder Hill Pass is currently listed at $228,000 on Homesnap. View 29 photos of this 3 bed, 2 bath, 1602 Sq Ft home in Oswego, IL.

10/14/2022

Check out this Oswego 3 bedroom 2 bathroom ranch style home! Waiting for your personal updates and finishing touches! Featuring an attached 2 car garage, situated on a corner lot and boasting over 1600 interior sq feet! Full master bedroom suite with full bathroom! If you are not currently working with an agent I would be happy to make an appointment to view this or any other properties today! Quick closing is possible!

Property listed by Robert Findlay of Findlay Real Estate Group Inc.

328 Boulder Hill Pass is currently listed at $240,000 on Homesnap. View 29 photos of this 3 bed, 2 bath, 1602 Sq Ft home in Oswego, IL.

08/10/2022

While home prices are still appreciating in most markets and experts say that will continue, they’re climbing at a slower pace because rising mortgage rates are creating less buyer demand. Because of this, there are more homes on the market. And in a shift like this one, the way you price your home matters more than ever.

During the pandemic, sellers could price their home higher because demand was so high, and supply was so low. This year, things are shifting, and that means your approach to pricing your house needs to shift too. Because we’re seeing less buyer demand, sellers have to recognize this is a different market than it was during the pandemic. Here’s what’s at stake if you don’t.

The price you set for your house sends a message to potential buyers. If you price it too high, you run the risk of deterring...


Contact me with any real estate needs at [email protected] or 630-999-5211

There’s no doubt about the fact that the housing market is slowing from the frenzy we saw over the past two years. But what does that mean for you if you’re thinking of selling your house?

08/10/2022

If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge. It created intense bidding wars which drove home prices up as buyers competed with one another to be the winning offer.

But what was once your greatest challenge may now be your greatest opportunity. Today, data shows buyer demand is moderating in the wake of higher mortgage rates. Here are a few reasons why this shift in the housing market is good news for your homebuying plans.

>>The Challenge

There were many reasons for the limited number of homes on the market during the pandemic, including a history of underbuilding new homes since the market crash in 2008.

>>The Opportunity

Moderating demand is slowing the pace of home sales and that’s one of the reasons housing supply is finally able to grow. For...


Contact me with any real estate needs at [email protected] or 630-999-5211

If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge. It created intense bidding wars which drove home prices up as buyers competed with one another to be the winning offer.

08/09/2022

Even though inventory is increasing this year, supply is still low. That’s because there weren’t enough homes being built over the last 14 years to meet the average level of units completed since 1970. DM me so you have an expert on your side to explain what’s happening in the housing market today.


Contact me with any real estate needs at [email protected] or 630-999-5211

08/08/2022

Forbearance enabled nearly five million homeowners to get back on their feet in a time when having the security and protection of a home was more important than ever. Those in need were able to work with their banks and lenders to stay in their homes rather than go into foreclosure. Marina Walsh at the Mortgage Bankers Association notes, “Most borrowers exiting forbearance are moving into either a loan modification, payment deferral, or a combination of the two workout options." With those options in place, four out of every five homeowners in forbearance are either paid in full or are exiting with a plan. They’re able to stay in their homes.

Since so many people can stay in their homes and work out alternative options, there won’t be a wave of foreclosures coming to the market. And while rising slightly since the...


Contact me with any real estate needs at [email protected] or 630-999-5211

When the pandemic hit in 2020, many experts thought the housing market would crash. They feared job loss and economic uncertainty would lead to a wave of foreclosures similar to when the housing bubble burst over a decade ago. Thankfully, the forbearance program changed that. It provided much-needed...

08/08/2022

If you put your home search on pause because you couldn’t find a home to buy, now may be your chance. That’s because the inventory of homes for sale has grown this year. More options should mean more opportunity to find the home of your dreams. If you’re ready to buy, DM me.


Contact me with any real estate needs at [email protected] or 630-999-5211

08/07/2022

As a homeowner, you gain equity as you pay down your home loan over time and as home values appreciate. And since home prices have risen so much over the past year, you may have more equity than you realize. That equity can help fuel a move. If you want to find out how you can use your equity when you sell, DM me today.


Contact me with any real estate needs at [email protected] or 630-999-5211

08/06/2022

If you’re worried the housing market is a bubble, today is nothing like 2008. In the lead up to the crash, it was much easier to get a home loan than it is now. Buyers now face higher lending standards, and that's one thing that's helping to prevent a flood of foreclosures. If you have questions about why this isn’t like last time, DM me.


Contact me with any real estate needs at [email protected] or 630-999-5211

08/06/2022

If you’re thinking about making a move, you probably want to know what’s going to happen to home prices for the rest of the year. While experts say price growth will moderate, ongoing appreciation is expected. That means home prices won’t fall. DM me if you want to learn more.


Contact me with any real estate needs at [email protected] or 630-999-5211

08/05/2022

The housing market is shifting away from the intensity of the past two years. Here’s what experts project for the remainder of 2022. Home prices are forecast to rise more moderately than last year. Mortgage rates will respond to inflation, and home sales will be more in line with pre-pandemic years. DM me so you can make your best move this year.


Contact me with any real estate needs at [email protected] or 630-999-5211

Some Highlights The housing market is shifting away from the intensity of the past two years. Here’s what experts project for the remainder of 2022. Home prices are forecast to rise more moderately than last year. Mortgage rates will respond to inflation, and home sales will be more in line with p...