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Displaying blog entries 1-8 of 8

Buying or Selling: Now Is The Time!

by Kandace Conn, Team Leader/Transaction Manager

With the winter months around the corner, most will expect the real estate market to slow down. However, there are many motives as to why both buyers and sellers should dive into the market now rather than wait until the spring.

Buyers
There will be two major details that will factor into the cost increase of purchasing a home next spring: homes prices and mortgage rates.

Sellers
One simple concept. Supply and Demand. When the inventory is low, sellers will get the best price because the demand is high and due to the above, demand will remain strong throughout this winter.

Mortgage Rates

by The "Stick With Steve" Team

The current mortgage rates are continuing to climb. Take advantage of where they are at now and give us a call today and we will find you your dream home!

Inspiration For The Day

by The "Stick With Steve" Team

The best and most beautiful things in the world cannot be seen or even touched - they must be felt with the heart.
Helen Keller 

Say Goodbye to 3% Interest Rates

by The "Stick With Steve" Team

Say farewell to the ultra-low mortgage rates. For the past month, rates have been on the rise and are expected to continue this way. 

This week, an average 30-year fixed rate mortgage has jumped another 10 percentage points, bringing it closer to 4%. For those seeking a 15-year loan came to an average of 3.03% which is up from 2.56%, which is a record LOW!

"It's unlikely that rates will ever be that low again," said Doug Duncan, Fannie Mae's chief economist.

With all that being said, mortgage rates are continuously rising and it is best to take advantage of the rate we have now than to wait for them to drop again. Give us a call today and we can help you find your dream home!

Can’t Buy? WE CAN HELP!

by Kandace Conn, Team Leader/Transaction Manager

The “Stick with Steve” team works directly with an amazing company who can help you find the home of your dreams if you are not currently qualified to buy! We know, it sounds too good to be true, but it is not! We are devoted to providing help to families or individuals who want to become a homeowner. This company will buy the home of your dreams that you personally pick out, CASH, and rent it to you for a minimum of one year but you will have Lease with Purchase Right. If this sounds of any interest to you, please call us at 847-222-8686 and set up an appointment to hear more about this program!

Read About Our Buyer's Agent, Desmond Clark Former Tight End For The Chicago Bears!

by Kandace Conn, Team Leader/Transaction Manager

 

Thursday afternoons used to involve the installation of third-down strategies. Now, Desmond Clark utilizes those days to construct a different type of offensive game plan.

Last week, it meant meeting with a relocated Florida couple in Palatine to show off and answer questions about a two-story, 3,000-square foot townhome.

Such is the daily routine of the football player turned real estate agent. 

 

To read the full article, CLICK HERE!

Why Buy Now?

by Kandace Conn, Team Leader/Transaction Manager

There may have never been a better time in real estate past to purchase a home based on rising rents, list prices and mortgage rates. Below you will read about the reasons that we believe you should buy now.

Starting off, the supply of homes on the market is decreasing. So, with inventory declining, finding your dream home could be more difficult than you expected going forward. Don’t be surprised when there is no longer a huge collection of homes to choose from. But with that being said, the finest homes in the best locations are going to sell first, so you won’t want to miss the chance to get your chance to buy your dream home.

The housing market is slowly but surely picking itself back up, so price increases are on their way. The median price is a record low of $154,600 according to the National Association of Realtors. Many pricing catalogs are reporting that prices will continue to rise, so now is the time to buy.

In this current market, it is less expensive to buy rather than rent. Statistics show rent is supposed to increase by 3.2% on an annual basis. This past year Trulia reported that rents this year have increased by 5.4% instead and are projected to rise by 4% for the next two years. So with home prices being at record low, buying a home is now more within reach for middle income families.

Mortgage rates are at record lows and projected to rise to 4.4% by the end of 2013, which is an increase of roughly one point of what the current rates are. With mortgage rates where they are now, it has helped push housing affordability better. 

15 Year Old Purchases Second Home!

by Kandace Conn, Team Leader/Transaction Manager, The

While searching the internet for an stimulating topic to write about, I came across a story that hits home for us in the real estate industry. There are many rumors going around the industry as to whether it is the right time to purchase a home or if you can afford it.   This fascinating story is about a remarkable 15 year old named Willow.

When Willow was 14, she purchased her first home with her mother, as partners, from the money that she had saved up from selling items that she herself fixed up. I am excited to announce that she just purchased her second home and her goal is to purchase 10 homes by the time she is 18. Now how about that for ambition? This story was covered by ABC News last week. 

Displaying blog entries 1-8 of 8

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