Vas Yordanov Baird & Warner

01/20/2022

SHOULD WE WAIT TO BUY BECAUSE RATES ARE GOING UP?

- Even if rates go up to 4%, it's still less than half the historic average! Today's rate may be the lowest it gets for a while. The Federal Reserve announced on Dec. 15 that American consumers should expect a series of rate hikes throughout the year.

- Waiting for a lower interest rate is risking a higher purchase price. Home prices are going up (even faster than interest rates), and even if they slow down in 2022, they won't reverse. You can always refi at a lower rate (if they drop) but you can't decrease the price you pay over the life of the loan.

01/19/2022

Mortgage rates are now at the highest level since April 2020! Do not wait until rates go even higher! Reach out to me with any questions.

01/01/2022

Happy New Year! Cheers to health, happiness, and prosperity in 2022!

12/22/2021

Americans will have a better chance to find a home in 2022, but will face a competitive seller’s market as first-time buyer demand outmatches the inventory recovery.

12/10/2021

Comparing today’s interest rates to years past, you can see that they are still very low, however as mortgage rates rise and home proces continue to appreciate, waiting to make a move will mean only one thing: it will cost more to buy home.

Don’t wait until the spring/summer. Now it’s a great time to buy. Message me or call me if you are planning on making a move soon or in the future. Would love to help!

12/08/2021

JUST IN! Illinois SAT test scores and updated rankings for the 2020-21 school year were posted to SchoolDigger TODAY!

Illinois high school rankings. See the latest rankings for 697 Illinois high schools, from best to worst, based on the most recent scores.

12/07/2021

If you are in a position to BUY NOW, you should and take advantage of the holiday season. Spring/summer next year will be CRAZY again! Wether you are buying or selling, I can be you greatest asset! Don’t hesitate to reach out!

11/30/2021

A 6-months supply of homes for sell is needed for normal or neutral market. That level ensures there are enough homes available for active buyers.

The latest existing Home Sales Report from NAR shows the inventory of houses for sale sits at a 2.4-month supply. This is well below a neutral market.

11/24/2021

Mortgage rates play a significant role in buyer's home search. As rates go up, so does their monthly mortgage payment, directly affecting how much they can afford. And even the smallest increase can have a large impact on your monthly payment.

11/17/2021

Cook County Monthly Supply of INVENTORY (MSI)

Anything below 3 is considered ''Seller's Market''

October 2020 = 3.5 MSI
October 2021 = 1.9 MSI

If the trend continues next year might me even more insane.
GET READY NOW! If you are buyer/seller MESSAGE ME!

11/11/2021

Things that do well during inflation: REAL ESTATE, REAL ESTATE, REAL ESTATE!

In today's video, Patrick Bet-David gives his commentary on inflation hitting a 36 year high.Subscribe for weekly videos http://bit.ly/2aPEwD4 Recommended vi...

11/06/2021