Glenview Real Estate: Market Report March 2013

Glenview Real Estate

Glenview Real Estate Market Report for March 2013 The Glenview Real Estate Market is looking up according to the Chicagoland housing market report. As of March of 2013 the there are 143 detached homes on the market with an average market time of 225 days. The Glenview area has about a 3 month … [Read more...]

Morton Grove Real Estate: Market Reports March 2013

Morton Grove Real Estate

Morton Grove Real Estate March 2013 Reports are Here! The Morton Grove Real Estate Market is consistent and steady according to the Chicagoland housing market report. As of March of 2013 the there are 71 detached homes on the market with an average market time of 215 days. The Morton Grove … [Read more...]

The National Housing Market Continues Upward Trend

Housing Market on the Rise

National home sales are at a three year high. After climbing steadily for the past three months, November's Pending Home Sales Index rose 1.7 percent to 106.4. This is the highest the Index has reached since April 2010, when the deadline for the home buyer tax credit was approaching. But November's … [Read more...]

Should You Pay Mortgage Points?

Mortgage Information

If you apply for a mortgage loan today chances are that the lender or broker will propose that you pay a discount point or two to get a better deal. But what does that mean exactly and will it be beneficial to you? It depends on your situation. What Are Mortgage Points? Before you agree to pay a … [Read more...]

5 Signs that Now is a Good Time to Buy

home buying

5 Signs that Now is a Good Time to Buy Homes are spending less time on the market. A year ago, the median time it took a house to sell was 96 days. Now the median time has been shortened to just 71 days. A shortage of inventory, an increase in demand, and those ever-favorable mortgage rates are … [Read more...]

Summary of Real Estate Related Provisions in the“Fiscal Cliff” Bill

Harry ponders the fiscal cliff.....

  To everyone who is interested in Real Estate “fiscal cliff” updates. The Mortgage Debt Forgiveness Act was extended through 2013. This is good news for short sale sellers, who will continue to be an important market segment in 2013. Sellers whose lenders forgive mortgage principal … [Read more...]

New Homes Sales Hit a Two-Year High

New residential sales hit two-year high in November   Sales of new single-family homes were at a seasonally adjusted annual rate of 377,000 in November, the highest level since April 2010. New home sales were 4.4% above the revised rate of 361,000 in October, the U.S. Census … [Read more...]

What Happens To My Taxes If We Go Over the Fiscal Cliff?

What Happens To My Taxes If We Go Over the Fiscal Cliff? If you've been paying any attention to the news, you doubtless know that the United States is rapidly approaching a "fiscal cliff." This is the date that various tax cuts and benefits enacted over the past 11 years are set to expire. That … [Read more...]

6811 Prairie Street #6811, Morton Grove, IL

6811 Prairie 024

    Check out this brand new end unit. 1721 square feet. This 3 bedroom, 2.5 bath, Camden plan features hardwood flooring, granite counter tops - kitchen and baths. Upgraded ceramic tile and all clean steel appliances! 2 car garage and balcony. FHA approved. Beautiful unit! A must … [Read more...]

Mortgage Applications Remain Near Three-year High

mortgage

The Mortgage Bankers Association's seasonally adjusted index of mortgage application activity fell 1.2 percent in the first week of October. The index measures mortgage applications for both home purchases and refinancing; the former rose, while the latter dropped. Refinancing applications fell 2 … [Read more...]