Northern Illinois Real Estate Videos & Market Updates
Get straightforward real estate advice, housing market updates and local insights from The Kombrink Team. Our Northern Illinois real estate videos cover home buying, selling, home prices, mortgage rates, home equity and current market conditions throughout Geneva, St. Charles, Batavia, Aurora, Elgin, Naperville and communities across Kane and DuPage Counties.
Whether you're planning a move or simply keeping an eye on the market, browse the latest videos below or choose a topic to get started.
There Are Actually 4 Housing Markets Right Now
Why does the housing market feel so confusing right now? Because not every buyer or seller is playing by the same rules. There are really four different groups shaping today’s market: cash buyers, financed buyers, homeowners holding onto low mortgage rates, and builders looking to move inventory. Which group you fall into can completely change your leverage, your options, and the best strategy for your next move. Thinking about buying or selling in Geneva, St. Charles, Batavia, or elsewhere in the Fox Valley? Reach out to The Kombrink Team and let’s figure out the strategy that makes sense for you.
Wondering why the housing market feels so confusing? Here’s why.
There are actually four totally different markets happening at once. You’ve got cash buyers, roughly one in four, skipping the loan entirely.
Buyers financing a purchase. Some of which are struggling with affordability and leaning on seller concessions since rates aren’t dropping soon.
Homeowners who feel locked into a low rate, staying put.
And builders sitting on extra inventory and willing to negotiate to get a home sold. And here’s why it’s so tricky. Which bucket you fall in can completely change how you should approach your move.
Including, how much leverage you have, what your options are, and how big a role home equity can play in making your move possible.
So, if you’re not sure where to start, that’s okay. It depends on which group you’re in.
Reach out to The Kombrink Team and let’s figure out your next step and the best strategy for your situation.