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
Mortgage Rates Up Again - Not Great For Home Prices... Long-term mortgage rates followed Treasury bond yields higher this week, bringing fixed-rate mortgages back up to levels seen two weeks ago. As we all know - prices are inversely related to rates.... It won't be any easier for sellers to se...
10/31/2008
Yesterday - the Fed lowered the Federal Funds Rate .50%, to 1.00%. Mortgage rates are still low, but unfortunately this .50% Fed rate cut today does not mean a .50% drop in 1st mortgage rates (..30 yr fixed). (IE - there is no direct correlation)This Fed rate cut did, however, lower the Prime ...
10/30/2008
Naperville, Illinois, a city of about 145,000 people, has a police force of 189 officers and 114 civilians. Because of a reduction in real-estate and property tax collections that pay for public safety services, Chief David Dial is cutting nine vacant positions, including three officers, and $60,...
10/23/2008
Prices of existing homes in the United States fell by a record 9.5 percent in August as sales slowed, according to the National Association of Realtors. While millions of homes still sit unwanted on the market, inventories of unsold homes shrank. There are buyers out there now - sucking up some G...
10/23/2008
The Bush administration is weighing a roughly $40 billion proposal to help forestall housing foreclosures, one of a series of ideas under consideration to address the root causes of the financial crisis - according to the WSJ. Federal Deposit Insurance Corp Chairman Sheila Bair is expected to sug...
10/23/2008
There are currently 177 Active Single Family Home Listings Currently in Buffalo Grove IL - From 225k to $950,000. 66 homes have "closed" in the past three months -- ranging from 192k to $866,000. The date you see here is the date they originally went under contract...The prices you see here ar...
10/14/2008
There are currently 197 Active Single Family Home Listings Currently in Palatine IL - From 195k to $1.29 million. 86 homes have "closed" in the past three months -- ranging from $180,000 to $900,000. The date you see here is the date they originally went under contract...The prices you see her...
10/14/2008
There are 197 Active Listings Currently in Lake Zurich IL - From 166k to $1.2 million. 59 homes have "closed" in the past three months -- ranging from $155,000 to $750,000. The date you see here is the date they originally went under contract...The prices you see here are list price versus sal...
10/14/2008
There are 325 Active Listings Currently in Barrington IL - From 175k to $17 million. 63 homes have "closed" in the past three months -- ranging from $238,000 to $5.75 million. The date you see here is the date they originally went under contract...The prices you see here are list price versus ...
10/14/2008
Village Roadshow Gold Class Cinemas of Austrailia is opening their first U.S. theater in the new Arboretum of South Barrington Shopping Center. Other locations around the U.S. are to follow. Each theater features 40 reclining armchair seats with footrests, digital projection and the capability to...
10/14/2008
Rainmaker
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Rick Hauser
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Buyer Broker Chicagoland - Negotiation Experts - 100% on The Home Buyer's Side!