Quincy, IL New Listings, Market Trends, and General Updates

You’ll find our blog to be a wealth of information, covering everything from new Quincy house listings, local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

Nov. 4, 2022

Housing market has cooled

Let’s be real. The housing market has cooled from the peak frenzy we saw over the past two years. And if your thinking of seLet's be real. The housing market has cooled from the peak frenzy we saw over the past two years. And if you're thinking of selling your house, you're probably wondering what that means for you. My advice is simple. Recognize that this isn't the same market as the one we had last year. But, that doesn't mean you've missed your chance, just that you need a partner to help you price your house based on where we are right now.

 

Here's why it's worth it to price your house at today's market value. The right price can help you attract more buyers, even as demand pulls back and mortgage rates rise. And, getting more buyer attention on your house positions you to maximize your sale price and sets you up to sell your house as quickly as possible, even in a shifting market.

 

I know you want to sell your house for as much as you can, but I promise you, overpricing your house is a mistake. If you want to minimize your hassles and get the best final sale price possible, let me help you find the right list price for your house today.

Posted in Blog Posts
Nov. 3, 2022

buying a house during a recession

A recent study found that buying a house during a recession can be a smart investment. Some have found that homes purchased during a recession appreciate at a faster rate than those purchased during an expansion. Furthermore, the study found that recessions provide buyers with more negotiating power, as sellers are typically more motivated to sell during an economic downturn. Given these findings, it appears that there may be no better time to buy a house than during a recession. So if you're thinking of purchasing a home in Quincy IL, don't wait for the perfect moment - the perfect moment may be right now.

Posted in Blog Posts
Nov. 2, 2022

quincy il jobs

If you're looking for a job in Quincy, Illinois, you're in luck! The real estate market is booming, and there are plenty of opportunities for those with the right skills. Whether you're looking for a traditional 9-to-5 job or something more flexible, there's sure to be something that fits your needs. So what are you waiting for? Start your search today!

Posted in Blog Posts
Nov. 1, 2022

muddy river news

If you're looking for the latest news in Quincy IL, you now have another option. At the Muddy River News, their reporters are always on the scene, getting up close and personal with the mud. And when it comes to coffee, they know their stuff. So if you're looking for the latest news on Quincy's muddy river, make sure to stop by the Muddy River News. They'll keep you informed - and caffeinated. (An ai paragraph generator created this funny story using Muddy River News in Quincy IL and coffee. Hope it put a smile on your face.)

Posted in Blog Posts
Oct. 27, 2022

quincy university private university

Quincy University is a private university located in Quincy, Illinois. The school was founded in 1860 by Franciscan Friars and originally operated as a seminary. In 1917, the school began offering college-level courses and eventually became a four-year institution. Today, Quincy University enrolls over 1,400 students from across the country. The school offers a variety of academic programs, including business, education, and nursing. athletics also play a big role at Quincy University, with the school fielding 16 varsity teams that compete in the NCAA Division II Great Lakes Valley Conference. Whether you're interested in academics or athletics, Quincy University is sure to have something for you.

Posted in Blog Posts
Oct. 26, 2022

rent or own

When it comes to choosing whether to rent or own in Quincy, IL, there are a few things to consider. For starters, home sales in the area have been on the rise in recent years, making it a good time to buy. However, rents have also been rising, so it's important to weigh your options carefully. If you're thinking about buying a home, be sure to factor in the cost of repairs and maintenance. And if you're leaning toward renting, keep in mind that your monthly payments could go up if your landlord decides to raise the rent. Ultimately, the best decision for you will depend on your financial situation and your lifestyle.

Posted in Blog Posts
Oct. 24, 2022

preapproval

Pre-Approval Is a Critical First Step on Your Homebuying Journey

Pre-Approval Is a Critical First Step on Your Homebuying Journey | MyKCM

If you’re planning to buy a home this year, one of the first steps on your journey is getting pre-approved. Especially in today’s market when mortgage rates are higher than they were just a few months ago, getting a mortgage pre-approval can be a game changer. Here’s why.

What Is Pre-Approval?

To better understand why pre-approval is key, it’s important to know what pre-approval is. The Mortgage Reports explains it like this:

“When you’re ready to take the leap into homeownership, your first step is mortgage preapproval. . . . A mortgage preapproval is when a lender determines you’re qualified for a home loan. Your preapproval letter shows the maximum loan amount you’re approved for (your home buying budget), as well as the specific interest rate and loan term you can expect.

As part of the pre-approval process, a lender will look at your finances to determine what they’d be willing to loan you. From there, your lender will give you a pre-approval letter to help you understand your true price range and how much money you can borrow. That can make it easier when you set out to search for homes because you’ll know your overall numbers. And with mortgage rates rising and impacting affordability, a solid understanding of your numbers is even more important.

Pre-Approval Can Signal You’re a Serious Buyer

Another added benefit is that pre-approval lets the seller know you’re qualified to buy their house. A recent article from realtor.com notes:

". . . getting pre-approved can actually improve your chances of falling into the sellers’ good graces, and you’ll want to get it done as early as you possibly can in the home-buying process."

Even though bidding wars are easing this year as the market shifts, preapproval is still an important part of making a strong offer. It can help a seller feel more confident because it shows you’re serious about their home and that you’re a qualified buyer.

Bottom Line

Getting pre-approved for a mortgage is critical. It helps you better understand what you can borrow and shows sellers you’re serious about purchasing their home. Connect with a local real estate professional and a trusted lender so you have the tools you need to succeed as a homebuyer in today’s market.

Posted in Blog Posts
Oct. 24, 2022

adams county circuit clerk

The Adams County Circuit Clerk is responsible for maintaining all home sales records in Quincy, IL. In addition, the office processes deed transfers, foreclosures, and tax sales. The Circuit Clerk also collects real estate transfer taxes and issues certified copies of home sale documents. If you are planning to buy or sell a home in Quincy, IL, contact us and we will handle the rest to make your move to Quincy hassle free.

Posted in Blog Posts
Oct. 21, 2022

what is real estate

So, what is real estate, exactly? At its simplest, real estate is land and any permanent structures attached to it, whether that’s a single-family home, an apartment complex, a retail center, or an industrial park. But there’s more to it than that. Real estate also covers the rights associated with the land, such as the right to develop it or the right to use it for certain purposes. And it’s not just about the physical property itself—it also encompasses the financial aspects, such as mortgages, investment trusts, and insurance. In short, real estate is a complex and ever-changing field that touches on many different disciplines. Whether you’re buying a new home or leasing commercial space, it’s important to understand the basics of real estate before making any decisions. Let’s grab a cup of coffee to talk about the many real estate possibilities in Quincy Illinois.

Posted in Blog Posts
Oct. 20, 2022

quincy il weather

Let's talk about the weather in Quincy, IL. It's hot in the summer and cold in the winter. Usually we'll get some amazing in between weather during the Spring and Fall which means we get to enjoy coffee all year round. And that's what truly matters, right? Coffee. Coffee is the elixir of life, the drink that gets us through our day. It gives us energy in the morning and comfort in the evening. Coffee is there for us when we need it most. So yes, the weather in Quincy may be extreme, but that's just coffee's way of making sure we appreciate it even more. Thanks, coffee. We love you.

Posted in Blog Posts