home prices: How Low Can You Go? - 08/08/08 04:58 PM
In our current real estate market in the Northern Illinois area, there are a lot of homes to choose from.
I still see the occasional multiple offer situation. But today's home buyer typically has more time now, to negotiate an offer on a home of interest.
As your buyer's … (0 comments)
home prices: The Illinois Housing Market - 07/09/08 03:42 PM
The Illinois Association of Realtors recently offered the following facts on the Illinois Housing Market:
1. There is no such thing as a national real estate market. Just like there is no national weather forecast, local housing market conditions are oftentimes different from what’s happening nationally, so it’s best to … (0 comments)
home prices: One (1) Home Instead of Two (2) - 05/29/08 08:58 AM
If you need to sell your current home while you are buying your new home, should you go ahead and buy?
Although each situation is unique, it is generally NOT a good idea to buy another home before your first home is sold, in our current local housing market.
… (0 comments)
home prices: Risk Factor - 05/21/08 08:33 PM
When you make an offer on a home - do you need to worry about the appraisal?
If you are buying a home and getting a mortgage, an appraisal is part of the mortgage approval.
A common concern for buyers is that they do not "overpay" for a home. … (0 comments)
home prices: Best Time to Buy Is Now - 05/14/08 04:17 PM
TODAY’S HOUSING MARKET
This may be your best opportunity market in years. Mortgage interest rates are low and prices in Illinois are holding strong, making housing a solid long-term investment.
Homeownership builds wealth over time.
A $10,000 down payment on a typically priced home in
the U.S. at a … (0 comments)
home prices: Who's In Control? - 04/16/08 06:57 PM
In our current "Buyer's Market" - does one party have more power, the buyer or the seller?
There are many more sellers than buyers at this moment, so you might expect that the buyers have all the control.
To a certain extent that may be true. Sellers need … (0 comments)
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In our current real estate market in the Northern Illinois area, there are a lot of homes to choose from.
