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 typical home price appreciation of 5 percent will return $110,000 after 10 years. The same $10,000 invested in the stock market appreciating at 10 percent annual increases will result in $23,600. (Source: National Association of REALTORS®)

You have plenty of options. Those looking to buy now have an advantage with a large inventory to choose from.

Financing is available. Conforming loans area abundantly available at historically favorable mortgage rates for those with good credit. Illinois has many first-time buyer programs.

The economy is sound. The Illinois unemployment rate is low and job gains continue.

Prices are right. Those investing in a home and keeping it for a typical holding period of six to ten years will be most likely to see their investment pay off.

*This information has been made available by the Illinois Association of Realtors.

Jim Starwalt

Thinking of making a move? Log onto my website at

www.StarHomeFinders.com and search the Multiple Listing Service from over 150,000 homes for sale. Registering is quick and easy!

Jim Starwalt, Broker Associate RE/MAX Center, Phone: 847-548-2625 Jim@StarHomeFinders.com

 

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Jim Starwalt - Grayslake Real Estate Agent

Grayslake, IL

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RE/MAX Center

Address: 100 N Atkinson Road, Suite 106, Grayslake, Il, 60030

Office Phone: (847) 548-2625

Cell Phone: (224) 627-7581

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Jim Starwalt
Call: (224) 627-7581
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Real estate services, comments and advice for home buyers and sellers in the Northern Illinois area including Lake County and McHenry County.







Jim Starwalt





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