new construction advice: First-Time Home Buyer: Is New Construction Your Dream? - 01/23/18 02:43 PM
  First-Time Home Buyer: Is New Construction Your Dream?  
There's a common thread running through much of the current real estate and economic news.  That thread connects, weaves, and embroiders a message regarding a severe inventory shortage found in many U.S. housing markets. I hear about the shortage of homes fairly often.  Many of my clients want to buy, but they're currently finding it extremely hard to find affordable well-maintained homes during their home searches. The home inventory shortage is especially keen in the first-time homebuying and "step-up" markets.  That fact is something that's not going unnoticed by some U.S. homebuilders. A recent article found in NewHome Source reported (via Bloomberg Business) that, "newly constructed … (4 comments)

new construction advice: Could a New Construction Home Be a Home Buying Option For You? (Lincoln-Way - Chicagoland Area) - 06/19/17 02:02 PM
Could a New Construction Home Be a Home Buying Option For You?(Lincoln-Way - Chicagoland Area) 
These days, it's not uncommon to hear my Borrowers express some frustration over the market's current housing inventory shortage and the challenges it presents them ... Many of my clients have found themselves facing multiple-offer situations on homes they've viewed and wished to buy.  They've eventually lost out to another Buyer's bid on those homes.  That's a tough situation to find yourself in. Because of this, I'm seeing new construction homes enter into my Borrower's consideration and new home searches increasingly often ... Every housing market has its own "personality" … (9 comments)

new construction advice: "Need to Knows" When Buying New Lenox - Chicagoland New Construction - 04/11/17 03:18 PM
 
"Need to Knows" When Buying
New Lenox - Chicagoland New Construction
 
 
With so many housing markets across the country experiencing a severe shortage of existing homes for sale ... in growing numbers, new construction homes are garnering serious consideration from home buyers ... 
There are a variety of factors at play explaining this growing interest in new construction.  The fore-mentioned supply shortage is just one.  Certainly, the condition, location, and features found within many of the existing homes found on the market are also contributing to their sale numbers falling short of expectations and hopes.  
The "new car smell" or prospect of being able to … (14 comments)

 
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience (NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)

Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi

708.921.6331 - 40+ yrs experience

New Lenox, IL

More about me…

NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656

Address: Gene Mundt, Mortgage Originator c/o American Portfolio Mortgage Corp., 318 Alana Drive, New Lenox, IL, 60451

Mobile: (708) 921-6331

Office: (815) 524-2280



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