Bryan Keane - Lakeside Bank

Housing: Buy now or wait? 🤷🏼 That question gets tossed around a lot, especially when interest rates and home prices are high during uncertain economic times....Kinda like now!

Here's what we do know.

✅ Homeownership is a long term investment.
✅ Historically, home prices rise over time.
✅ As you pay your mortgage, you build equity.

Take a look at the attached charts.

Chart #1: According to the Fannie Mae Home Price Expectations Survey (HPES), home prices are expected to rise through at least 2029.

Chart #2: Based on the HPES projections, if you bought a typical $400,000 home in 2025, it could gain nearly $80,000 in value by 2030.

So, the question isn’t: should I wait? It’s really: can I afford to buy now?

If you're in good financial shape to buy a home now, don't wait and try to time the market. Experienced investors understand that timing any market is not recommended. See a good investment? Get in it, now.

"If you’re debating whether to buy now or wait, remember this: real estate rewards those who get in the market, not those who try to time it perfectly."

Source: https://lnkd.in/gWUv4F4k

Yikes!!! 😱 These tariff announcements are much worse than anyone was thinking and there's a lot of confusion out there! At the moment there is a huge flight to safety in U.S. Treasurys. This bond buying action is pushing yields down hard.

In fact, the 10yr Treasury yield is around 4.03% - the lowest levels we have seen since October 2024. See Chart #1. To be sure, this is spilling over into Mortgage Rates, so if you are in the market, you should be double-checking your rate, now.

Just over the last five trading sessions, yields have dropped nearly 40 bps or 0.40%. That's a big move. See Chart #2.

Tomorrow brings the U.S. Employment report, which will no doubt add more volatility. Is this THE turning point for interest rates? 🤷‍♂️📉 Too early to say, in my opinion. However, if we are slipping into a recession, then yes, rates will come down more. But don't forget who the president is. Things can change quickly...very quickly. Tread lightly.

📢📢📢Attention Attention!! NEW LISTING ALERT -- OPEN HOUSE 🎈🎈🎈

⌚ Saturday, 3/29 - 12pm-2pm
🏠 3320 S LOWE AVE, Chicago IL (Bridgeport Neighborhood)

Don't miss this amazing investment opportunity to own a piece of Chicago's history! This beautifully preserved Greystone sits on one of Bridgeport’s most iconic streets—Lowe Avenue.

✨ Property Highlights: 👇 👇 👇

✔️ Solid brick & limestone 2-flat with timeless craftsmanship
✔️ Two turnkey units – each 3 bed, 1 bath with original millwork, hardwood floors & arched doorways
✔️ Full basement & attic – endless expansion potential! (Think duplex up/down)
✔️ Private deck & retractable awning
✔️ 12x20 above-ground pool leading to 2-car garage w/ party door
✔️ Recent updates: Newer appliances, washer/dryer, electrical replacement, roof (2008), plumbing, dual boiler system, hot water heaters, & second-level soundproofed hardwood floors & new windows

Nestled among historic churches, neighborhood cafes, parks, and small businesses, this home offers charm, character, and a true piece of Chicago’s legacy!

📢 Don’t miss out! Come see this Bridgeport gem in person. 👍


Contact 👉 Tiffany Casica - LaGrange SAGE Luxury Network Coldwell Banker Realty for more details.

Contact ME at Lakeside Bank for financing options. 😊👍

Link to Coldwell Banker Realty listing: https://www.coldwellbankerhomes.com/il/chicago/3320-s-lowe-ave/pid_64349162/

3320 S Lowe Ave, Chicago, IL 60616 - MLS 12322262 - Coldwell Banker OPEN HOUSE: Saturday, March 29, 2025 12:00 PM - 2:00 PM. For Sale - 3320 S Lowe Ave, Chicago, IL - $689,000. View details, map and photos of this multi-family property with 6 bedrooms and 2 total baths. MLS # 12322262.