Market Conditions - 02/27/09 09:46 AM
Federal Reserve Chairman Ben Bernanke spoke yesterday on the state of the economy, noting that "if actions taken by the Administration, the Congress, and the Federal Reserve are successful in restoring some measure of financial stability--and only if that is the case, in my view--there is a reasonable prospect that the current recession will end in 2009 and that 2010 will be a year of recovery." This is welcome news for those inclined to believe the optimism. The chairman did acknowledge that the end of the housing boom, or what some consider the bursting of the bubble, was the "immediate trigger" … (0 comments)

Recoat of Many Colors - 02/26/09 09:25 AM
Of all roofing designs used in homeowner associations, flat roofs are the most problematic, particularly in rain, wind or snow prone areas. The need for consistent and quality maintenance is extremely important for maximum performance and longest life. Recoating built-up flat roofs is a fundamental preventive maintenance which should be performed at least every five years and included in the reserve plan.There are six reasons for roof coating:   1. To maximize roof service life by reflecting harmful ultraviolet (UV) radiation.   2. To restore a moderately aged roof to a maintainable watertight condition.   3. To restore an earlier coating applications that has … (0 comments)

2917 N. Hoyne - Bank Owned 4 Bedroom Home! - 02/25/09 10:13 AM
Bank-owned home with 4 beds, 2 baths with finished basement & attic. Large living and Dining room Combination with newer carpeting and separate foyer area upon entering the home. Finished basement is the perfect in-law arrangement with full laundry room and second kitchen. Standard Chicago lot with high fences and 2.5 detached garage as well. View the many pictures at www.helenoliverihomes.com and call 847-967-0022 for a showing today. Sold as-is; no survey or disclosures. Buyer responsible for any/all compliances, escrows etc if required. All inspections including systems tests are at buyer’s expense. All offers require pre-approval & EM due in certified … (0 comments)

Condo Trends: Marketing Efforts Turn to High Fashion - 02/24/09 10:01 AM
It may not be the traditional way of unveiling new loft condos in an urban setting, but a Chicago developer hosted a warehouse fete complete with svelte models, tight fitting promotional t-shirts on a runway, and strobe-highlighted music. The promotional center piece? Eco-friendly loft condos in Chicago's trendy community of Bucktown."In a marketing ploy that would only make sense in such an aggressively chic community, developer William Senne is tying his company's yet-to-be-built, eco-friendly loft apartments on Fullerton Avenue to all that is hip and stylish in Chicago," reports the Chicago Tribune.The new condos, called EcoLogic Lofts, speak to everything green, … (0 comments)

1425 Burning Bush Lane - Updated Split Level w/Sub - 02/23/09 04:05 PM
Lovely 4 bedroom home on oversized corner lot. This home has Brazilian Cherry Floors throughout the main level, all new windows, and updated bathrooms as well. This home also features a gorgeous kitchen with 42 inch maple cabinets, granite counters, stainless steel appliances, and eat in area with exterior access to your lovely backyard. 2nd level bathroom has Jacuzzi tub and separate steam shower with body sprays as well. Family room has newer sliding doors to your patio and a great bonus sub basement with canned lighting and plush carpeting. Come and see what this wonderful home has to offer. View … (0 comments)

The Growing Divide - 02/18/09 09:48 AM
Like Walter said, we're talking about a line in the sand. There's a very clear line being drawn in the real estate industry these days. The line has always existed in the financial markets, separating bulls and bears. The new line is being drawn between Realtors. Bulls and bears. Pessimists and optimists. For the past decade, we were all optimists, and with markets fueled by dramatic returns, only the foolish were not. Today, the marketplace has changed, yet bulls remain. Unfortunately, it's the bullish Realtors that are, in many markets, standing in the way of liquidity. The much needed liquidity that … (0 comments)

251 Fernwood - Updated Bi-Level Home - 02/13/09 10:07 AM
Updated Bi-level home on Tree-Lined street. This home features lovely hardwood floors throughout the first and second levels and a gorgeous cook’s kitchen with stainless steel appliances, granite counters and 42inch maple cabinets. Large family room has custom closets and an updated lower level bathroom and exterior access to patio. This home also boasts a spacious 60 x 168 yard and side drive to your attached garage. Come and see what this wonderful home has to offer. Call today 847-967-0022 and schedule your private appointment with Helen to see this wonderful home or view the many pictures we have to offer … (0 comments)

Emerging Real Estate and Development Trends - 02/12/09 09:23 AM
Giffels-Webster Engineers (GWE), a civil engineering firm with a 50-year industry reputation for its vision for today’s market and beyond, revealed its annual list of Top Five Real Estate and Development Trends. According to GWE, the hottest market-growth areas are:
Infrastructure Rehabilitation Urban Redevelopment Energy Generation Life Sciences Healthcare Expansion/Renovation Intrinsic to each of the following trends is sustainable design and LEED-certified construction. Green elements will continue to be incorporated into projects as energy efficient, healthy spaces remain a top priority.
Infrastructure Rehabilitation
There has long been a need for public investment in the nation's aging infrastructure - roads, bridges and … (0 comments)

305 Fernwood - Bi-Level w/ Large Yard! - 02/11/09 10:09 AM
3 bedroom and 2 bathroom Bi-level in Glenview. This home features newer appliances and kitchen with an eat-in area. Hardwood floors throughout the main level and second level and updated bathrooms in both the second and lower level as well. Long driveway leading to your attached garage and lovely fenced in yard which is on a 60 x 168 deep lot. This home is ready for you to move in and enjoy. Looking for a home in a friendly area with great schools? Then look no more. Call today 847-967-0022 and schedule your private appointment with Helen to see this wonderful … (0 comments)

Mortgage Rates Climb, But Rates Remain Very Affordable - 02/10/09 10:08 AM
McLEAN, VA -- Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 5.25 percent with an average 0.8 point for the week ending February 5, 2009, up from last week when it averaged 5.10 percent. Last year at this time, the 30-year FRM averaged 5.67 percent.
The 15-year FRM this week averaged 4.92 percent with an average 0.8 point, up from last week when it averaged 4.80 percent. A year ago at this time, the 15-year FRM averaged 5.15 percent.
Five-year Treasury-indexed hybrid adjustable-rate mortgages (ARMs) averaged 5.26 … (0 comments)

Washington Report: Bankruptcy Legislation - 02/09/09 09:55 AM
Capitol Hill has been dominated by time-consuming debates over bailouts and stimulus packages. But one controversial subject that could directly affect hundreds of thousands of home owners appears to be on a fast track to passage.That's the so-called "cramdown" legislation designed to keep financially-distressed owners out of foreclosure. Cramdown means a court can tell a lender: Your borrower may owe you $200,000 on the house, but the property is only worth $100,000 in today's real estate market, so that's all you're owed from here on in.Take it or leave it. You can't foreclose.Bills in both the House and Senate would allow … (0 comments)

Investor Report: Bad Bank Program - 02/06/09 09:31 AM
It won't make today's tough underwriting and heavy equity requirements disappear overnight, but active real estate investors should keep their eyes on the Treasury's plans to create what's called a “bad bank” or toxic asset purchase program.What's a “bad bank”? The one under consideration at Treasury would buy frozen mortgage assets off the books of large and small commercial banks. That in turn would give them the capital they need to lend to all sort of borrowers, including real estate investors.Most investors -- whether active in rental residential or commercial properties -- have the same frustration right now: Banks simply aren't … (0 comments)

Isakson amendment gives $15K tax credit to homebuyers - 02/05/09 09:10 AM
The U.S. Senate on Wednesday unanimously approved an amendment to the economic stimulus bill by U.S. Senator Johnny Isakson, R-Ga., that gives a $15,000 tax credit to anyone who buys a home in the next year.
Isakson’s amendment would provide a direct tax credit to any homebuyer who buys any home. The amount of the tax credit would be $15,000 or 10 percent of the purchase price, whichever is less. Purchases must be made within one year of the legislation’s enactment, and the tax credit would not have to be repaid.
The amendment would allow taxpayers to claim the credit on … (1 comments)

February Cybertips - 02/04/09 09:28 AM
Trick #1: Phone Call Butler
Tired of paying big bucks for information? Tired of fumbling with pen and paper to write down a number? Those Google people never fail to amaze us. Now they have come up with an 800 number you can call and ask for any business in the country. They then dial it and connect to it for you.
You can use it from a land line or cell phone and, once programmed into your cell phone, you can get connected with one push of a button. In addition to dialing for you, you can request by business … (0 comments)

Washington Report: Lobbyist Groups Active - 02/02/09 10:15 AM
Housing and mortgage groups were unusually active last week on Capitol Hill, pushing hard for a better tax credit to spur home purchases.In coordinated lobbying efforts, homebuilders, Realtors, bankers and mortgage companies focused on the Senate, where final details of a nine hundred billion dollar economic stimulus package were being hammered out all week.Four trade groups sent a joint letter to the Senate Finance Committee, which has responsibility for all tax-related aspects of the stimulus, applauding the committee's decision to make the existing seven thousand five hundred dollar tax credit nonrepayable as the House Ways and Means Committee voted to do … (0 comments)

 
Helen Oliveri (The Helen Oliveri Team of Keller Williams Realty Partners ) Rainmaker_large

Helen Oliveri

Glenview, IL

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The Helen Oliveri Team of Keller Williams Realty Partners

Address: Morton Grove, IL, 60053

Office Phone: (847) 967-0022

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