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Author Archives: Ryan Dallas

    Buyer Demand Comes Back Strong to Start 2023

    By Ryan Dallas | January 5, 2023

    2022 brought higher mortgage rates and moderating buyer demand in our local real estate market. However, home buyers have picked their searches right back up to start 2023. The challenge: the historically low levels of housing supply got even tighter in December. If selling your home is on your radar this year or if you’d... Read More

    RDRE Thanksgiving Coloring Contest

    By Ryan Dallas | November 14, 2022

    Let your little turkeys get creative for their chance to win in our Ryan Dallas Real Estate Thanksgiving Coloring Contest! Download the full coloring page below to get started. Once complete, email us a scanned copy or photo of the finished picture to with the child’s name and age. You can also tag Ryan... Read More

    Your October Home Price Update & What We’re Searching for Now

    By Ryan Dallas | October 3, 2022

    On to October… and all of the fun fall festivities! The leaves are changing and so is our local real estate market. I wanted to send you a quick update on the numbers you need to know if you’re considering entering the market to buy or sell a home in the greater Champaign-Urbana area: Home... Read More

    Early October is the Sweet Spot for Buyers

    By Ryan Dallas | September 29, 2021

    Are you looking to buy a home? If so, we’ve got good news for you! While there’s no denying the housing market is having a great year, many of the headlines are focused on the perks for sellers. But what about buyers today? As a buyer, you’ve likely heard about bidding wars and weighing low mortgage rates versus price appreciation as you search... Read More

    A New Way to Shop for Homes in a Virtual World

    By Ryan Dallas | December 4, 2020

    In a year when we’re learning to do so much remotely, home buying is no exception. From going to work to attending school, grocery shopping, and even seeing our doctors online, digital practices have changed the way we live. This year, rather than delaying their home purchases, buyers – alongside their trusted real estate professionals... Read More

    Will Mortgage Rates Remain Low Next Year?

    By Ryan Dallas | November 19, 2020

    In 2020, buyers got a big boost in the housing market as mortgage rates dropped throughout the year. According to Freddie Mac, rates hit all-time lows 12 times this year, dipping below 3% for the first time ever while making buying a home more and more attractive as the year progressed (See graph below):When you continually hear how rates are hitting... Read More

    Winter Will Bring a Flurry of Activity to the Housing Market

    By Ryan Dallas | November 12, 2020

    In the second half of this year, the housing market surged with activity. Today, real estate experts are looking ahead to the winter season and the forecast is anything but chilly. As Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), notes: “It will be one of the best winter sales years ever.” The typical winter slowdown in the... Read More

    Rent vs. Buy: How to Decide What’s Best for You

    By Ryan Dallas | November 4, 2020

    According to the U.S. Census Bureau, median rent continues to rise. With today’s low mortgage rates, there’s great opportunity for current renters to make a move into homeownership that stretches each dollar a little bit further. While the best timeline to buy a home is different for everyone, the question remains: Should I continue renting or is it time for me... Read More

    Buyer Interest Is Growing among Younger Generations

    By Ryan Dallas | November 2, 2020

    The demand for homes this year is extraordinary as record-breaking numbers of hopeful buyers continue to shop for homes. In a normal year, the peak homebuying season comes to a close by early fall. However, 2020 is anything but a normal year, and the housing market is no exception. Lawrence Yun, Chief Economist for the National Association... Read More

    How Down Payment Assistance Opens the Door to Homeownership

    By Ryan Dallas | October 27, 2020

    Many people are eager to buy a home right now while affordability continues to be a highlight of the current housing market. However, a recent survey by Sparks Research shows that 20% of first-time homebuyers cite a lack of financial education as a barrier to homeownership. This is definitely understandable. If you don’t feel comfortable with the financial process of buying... Read More