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 increase isn’t due to… READ MORE
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… READ MORE
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… READ MORE
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 in the sale process and who close in 2013… READ MORE
If you’ve been paying any attention to the news, you doubtless know that the United States is rapidly approaching a “fiscal cliff.”
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 see! This property price has been… READ MORE
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 percent, but even with the decline, the volume of applications still remains close… READ MORE
Many people have failed to notice that the real estate market is starting to show surprising signs of strength. The latest piece of good news has come from a report by RealtyTrac, an internet company that specializes in the foreclosure market. According to their most recent numbers, year-over-year foreclosure filings fell by 16% in September,… READ MORE
Selling Your Home In today’s complicated and challenging market, you need someone with the expertise to sell your home at the best possible price in the least amount of time. I serve sellers throughout the neighborhoods of Chicago as well as communities on the North Shore. Click Here to Contact Me Market Watch
Homes in Glenview are selling! Over the last 3 months 208 single family Glenview homes have closed or are pending closing as well as 89 Glenview condos and townhomes. This is good news for Glenview Home Owners who are selling their homes. There is an average of 11 months supply of homes on the market… READ MORE