Buyer Broker Chicagoland - Negotiation Experts - 100% on The Home Buyer's Side!
Buyer Broker Chicagoland - Negotiation Experts - 100% on The Home Buyer's Side!
ARCHIVED BLOG POSTS
2008
Bad news for sellers - as bank owned foreclosures on the market nearby drive down the value of the other homes on the market. The good news is - if you are a buyer in the Chicago area - we'll be happy to help you obtain a bank owned property for a great price.... As Exclusive Buyer Agents - we ar...
07/25/2008
1
Comments
Shares of several major U.S. home builders plunged Thursday after NAR reported sales of existing homes fell sharply in June, pushing up the supply of unsold homes on the market -- a potential drag on the sector. The National Association of Realtors reported that sales dropped nationwide by 2.6 pe...
07/24/2008
Today - the House voted 272-152 to pass legislation that will offer up to $300 billion in assistance to homeowners and throw government support behind mortgage finance giants Fannie Mae and Freddie Mac. It will now go back to the Senate, where final passage is expected. What will the cost to a h...
07/23/2008
On Monday - the Federal Reserve Board unveiled rule changes intended to curb deceptive mortgage lending practices, most of which will take effect in October 2009 and apply to all lenders whether they are supervised at the state or federal level. Although lenders have drastically cut back on the ...
07/14/2008
Shades of 1929.... Am I reading this right? It looks like the FDIC is paying people who have money over the insurance amount limit of $100,000 (which is uninsured) - half of the amount that was uninsured.... Pretty generous of the govt I'd say! They didn't have to do anything.... I bet they aren'...
07/11/2008
It is interesting that some consumers actually believe the figures that Zillow spits out..as if they are fact... Did you know that in the Chicago Illinois area - Zillow can “guesstimate” Market value within 20% of the actual sold price just 77% of the time?What this means is that Zillow can guess...
07/11/2008
1
Comments
If their financial health continues to deteriorate, the government may have little choice but to take them over or bail them out. Or a combination of both.These two government-chartered, shareholder-owned companies OWN OR GUARANTEE over $5 trillion of home loans — ROUGHLY HALF OF ALL THE MORTGAGE...
07/11/2008
1
Comments
After months of debate on Capitol Hill, the Senate on Friday passed a comprehensive housing and foreclosure prevention bill. The Senate measure would create a new $300 billion government-backed foreclosure prevention program and strengthen oversight of Fannie Mae and Freddie Mac. Next week - it...
07/11/2008
Rainmaker
109,412
109,412
Rick Hauser
ABR, CNC, CNE, GRI, SFR, Exclusive Buyer Agent-Cov
Service Areas
Buyer Broker Chicagoland - Negotiation Experts - 100% on The Home Buyer's Side!