Monthly Archives: March 2015

Why Waiting To Buy Might Not Make Sense

Whether you are a first time or a move-up buyer, there are two factors that will impact the amount of house you can afford in your price range: home prices & mortgage rates. Let’s look at what the experts are predicting over the next twelve months for these two areas: PRICES Over 100 economists, real […]

Posted in Chicagoland Real Estate News, For Buyers, Interest Rates | Leave a comment

Why You Should Sell Now!

As the temperature rises, buyers are coming out ready to purchase their dream home. Inventory is still below historic numbers and demand is strong. Don’t miss out on this great opportunity for you and your family. Here are five reasons to list your home now. 1. Demand is Strong Foot traffic refers to the number […]

Posted in Chicagoland Real Estate News, For Sellers | Leave a comment

NAR’s Existing Home Sales Report [INFOGRAPHIC]

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Posted in Chicagoland Real Estate News, Homeownership, Housing Analysis, Housing Trends, Infographics | Leave a comment

Housing Inventory Slowly Disappearing

The price of any item is determined by the supply of that item, and the market demand. The National Association of Realtors (NAR) released their latest Existing Home Sales Report this week. Inventory Levels & Demand Amidst reporting on the fact that sales of existing homes rose 1.2% from January, and outpaced year-over-year figures for […]

Posted in Housing Analysis, Housing Trends | Leave a comment

Freddie Mac’s New 3% Down Program

Today, Freddie Mac is scheduled to start buying mortgages with down payments of only three percent – the first time down payments have been this low on Freddie Mac loans in nearly five years. The program is called Freddie Mac Home Possible AdvantageSM. In a recent Executive Perspectives, Dave Lowman EVP, Single-Family Business Freddie Mac, […]

Posted in For Buyers, Mortgage Guidelines, Mortgage Rates, Renters | Leave a comment

Home Prices Over 30 Years [INFOGRAPHIC]

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Don’t Get Caught in the ‘Renter’s Trap’

There are many benefits to homeownership, one of top ones, is being able to protect yourself from rising rents and lock in your housing cost for the life of your mortgage. The National Association of Realtors (NAR) just released their findings of a study in which they studied “income growth, housing costs and changes in […]

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Don’t Let Your “Luck” Run Out

The 30-year fixed mortgage interest rate is currently still below 4%. Many buyers may be on the fence as to whether to act now and purchase a new home, or wait until next year, believing they still have time to lock in a low rate. If you look at what the experts are predicting over […]

Posted in FHA Loans, Mortgage Rates, Personal Finance | Leave a comment

Location, Location, Location

A recent Demand Institute report revealed “nearly half of all American households plan to move at some point in the future.” Seventy-five percent of those surveyed in the report cited one or more ‘location-related reasons’ for their eagerness to move.   Here are the top 5 reasons: Safer Neighborhood – 30% Closer to Family – […]

Posted in Homeownership, Housing Trends | Leave a comment

A Snapshot of Homebuyers [INFOGRAPHIC]

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Posted in Chicagoland Real Estate News | Leave a comment
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