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Happy Thanksgiving!!!

by Kandace Conn, Transaction Manager/Team Leader

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.

EXCITING NEWS for The "Stick with Steve" Team!

by The "Stick With Steve" Team

Please join us in welcoming Steve Cohen's son, Daniel Cohen, to the Stick with Steve team.

Daniel grew up in the Palatine area and went on to study at the University of Illinois graduating in 2011 with a bachelor’s degree in Sports Management.

Prior to joining the team, Daniel worked as a Senior Associate for Madison Street Capital, which is a middle market investment bank. Daniel is Steve’s son and it has always been his goal to make a transition into the real estate business.

Daniel has always loved playing as well as watching sports, but instead of becoming a sport agent he has unquestionably decided to join the team and become a Realtor. With his widespread knowledge and background of the business, Daniel will do whatever it takes to find his clients their 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 

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!

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. 

Displaying blog entries 1-6 of 6

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