better homes and gardens real estate star homes: Do You Know How Much Your Home Has Increased in Value? - 02/04/19 01:55 PM
Do You Know How Much Your Home Has Increased in Value?   Last year we saw headlines about a possible housing market bubble, and many wondered if Americans still felt confident about the value of their homes. Recently, the 2018 Houzz & Home Study revealed:“Homeowners with mortgages have seen their home equity more than double since 2011, increasing to a record-setting $8.3 trillion in 2017.”     The average homeowner gained $16,200 in home equity between Q2 2017 and Q2 2018 according to the latest release of CoreLogic’s Home Equity Report.
Since 2011 home values have increased significantly throughout the … (0 comments)

better homes and gardens real estate star homes: Excited About Buying A Home This Year? Here’s What to Watch - 01/03/19 12:44 PM
Excited About Buying A Home This Year? Here’s What to Watch

As we kick off the new year, many families have made resolutions to enter the housing market in 2019. Whether you are thinking of finally ditching your landlord and buying your first home or selling your starter house to move into your forever home, there are two pieces of the real estate puzzle you need to watch carefully: interest rates & inventory.Interest RatesMortgage interest rates had been on the rise for much of 2018, but they made a welcome reversal at the end of the year. According to … (0 comments)

better homes and gardens real estate star homes: 24 Hours that Suddenly Improved the Real Estate Market - 12/27/18 10:23 AM
24 Hours that Suddenly Improved the Real Estate Market   This year started strong for real estate, but then the market began to soften.

Home inventory in the starter and move-up categories dwindled to almost nothing, mortgage rates were projected to rise, and home sales had decreased for several months in a row.
To many, the outlook heading into 2019 appeared dim… at best.
Then, in a 24-hour window last week, things seemed to change.
On Wednesday, the National Association of Realtors’ (NAR) revealed in their Existing Homes Sales Report that home sales had INCREASED for the second consecutive … (0 comments)

better homes and gardens real estate star homes: Homeownership Remains a Huge Part of the American Dream - 12/19/18 01:51 PM
Homeownership Remains a Huge Part of the American Dream As we head into 2019, many news outlets and housing experts warn that the housing market may slow down. Over the last six years, the inventory of homes for sale has been near historic lows, which has been the force behind increasing home prices.
This has been great news for sellers as many of them have been able to capitalize on the demand in the market and sell their homes quickly and at a great profit.
One of the big reasons why inventory has remained so low for so long … (0 comments)

better homes and gardens real estate star homes: 5 Reasons to Sell This Winter! - 12/17/18 12:06 PM
5 Reasons to Sell This Winter!Here are five reasons listing your home for sale this winter makes sense. 1. Demand Is StrongThe latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase… and are in the market right now! More often than not, multiple buyers are competing with each other to buy a home. Take advantage of the buyer activity currently in the market.2. There Is Less Competition NowHousing inventory is still under the 6-month supply that is needed for a normal housing market. This … (1 comments)

better homes and gardens real estate star homes: 4 Reasons to Sell Your House This Winter 2019 - 12/14/18 11:29 AM
4 Reasons to Sell Your House This Winter Some Highlights: Buyer demand continues to outpace the supply of homes for sale which means that buyers are often competing with one another for the few listings that are available! Housing inventory is still under the 6-month supply needed to sustain a normal housing market. Perhaps the time has come for you and your family to move on and start living the life you desire.  
Jim Starwalt
Managing Broker
Better Homes and Gardens Real Estate Star Homes
783 N Barron Blvd, Grayslake IL 60030
Cell Phone: 224-627-7581
Jim@StarHomeTeam.com
Search for Homes at www.StarHomeTeam.com … (0 comments)

better homes and gardens real estate star homes: No Bubble Here! How New Mortgage Standards Are Helping - 12/13/18 02:09 PM
No Bubble Here! How New Mortgage Standards Are Helping
Real estate is shifting to a more normal market; the days of national home appreciation topping 6% annually are over and inventories are increasing which is causing bidding wars to almost disappear. Some see these as signs that the market will soon come tumbling down as it did in 2008. As it becomes easier for buyers to obtain mortgages, many are suggesting that this is definite proof that banks are repeating the same mistakes they made a decade ago. Today, we want to assure everyone that we are not heading to another housing … (0 comments)

better homes and gardens real estate star homes: Don’t Get Caught in the Rental Trap in 2019 - 12/12/18 01:24 PM
Don’t Get Caught in the Rental Trap in 2019Every year around this time, we take time to reflect and plan for next year.
 If you are renting your current home but have dreams of homeownership, your plan for the new year may include buying, and you wouldn’t be alone!
According to the 2018 Bank of America Homebuyer Insights Report, 74% of renters plan on buying in the next 5 years, with 38% planning to buy in the next 2 years!
When those same renters were asked why they disliked renting, 52% said that rising rental costs were their … (0 comments)

better homes and gardens real estate star homes: How to Simply Increase Your Family Wealth by Paying for Housing - 12/11/18 12:35 PM
How to Simply Increase Your Family Wealth by Paying for Housing Everyone should realize that unless you are living somewhere rent-free, you are paying a mortgage – either yours or your landlord’s. Buying your own home provides you with a form of ‘forced savings’ that allows you to use your monthly housing costs to increase your family’s wealth.
Every month that you pay your mortgage, you are paying off a portion of the debt that you took on to purchase your home. Therefore, you own a little bit more of your home every month in the form of home equity. … (0 comments)

better homes and gardens real estate star homes: What If I Wait A Year to Buy a Home - 12/10/18 12:29 PM
What If I Wait A Year to Buy a Home?
National home prices have increased by 5.4% since this time last year. Over that same time period, interest rates have remained near historic lows which has allowed many buyers to enter the market and lock in low rates.
As a seller, you will likely be most concerned about ‘short-term price’ – where home values are headed over the next six months. As a buyer, however, you must not be concerned about price but instead about the ‘long-term cost’ of the home.
The Mortgage Bankers Association (MBA), Freddie Mac, and Fannie Mae all project that mortgage interest rates will increase by … (0 comments)

better homes and gardens real estate star homes: New Grayslake Townhome for Sale - 3D Interactive Tour! - 12/06/18 01:47 PM
New Grayslake Townhome for Sale - 3D Interactive Tour!
 
 
Click here for Property Details on 548 Topeka, Grayslake.
To arrange a private showing, call me today - Jim Starwalt at 224-627-7581.
 
Jim Starwalt
Managing Broker
Better Homes and Gardens Real Estate Star Homes
783 N Barron Blvd, Grayslake IL 60030
Cell Phone: 224-627-7581
Jim@StarHomeTeam.com
Search for Homes at www.StarHomeTeam.com
 
Find Me Online:
New Grayslake Townhome for Sale - 3D Interactive Tour!
(0 comments)

better homes and gardens real estate star homes: Where Are Interest Rates Headed in 2019? - 12/05/18 11:44 AM
Where Are Interest Rates Headed in 2019?   The interest rate you pay on your home mortgage has a direct impact on your monthly payment.
The higher the rate, the greater the payment will be.
That is why it is important to know where rates are headed when deciding to start your home search.
Below is a chart created using Freddie Mac’s U.S. Economic & Housing Marketing Outlook. As you can see, interest rates are projected to increase steadily throughout 2019.
How Will This Impact Your Mortgage Payment?Depending on the amount of the loan that you secure, … (0 comments)

better homes and gardens real estate star homes: Homeowners Aged 65+ Have 48x More Net Worth Than Renters - 12/04/18 11:21 AM
Homeowners Aged 65+ Have 48x More Net Worth Than Renters Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest survey data covers responses from 2013-2016.
The study revealed that the median net worth of a homeowner was $231,400 – a 15% increase since 2013. At the same time, the median net worth of renters decreased by 5% ($5,200 today compared to $5,500 in 2013).
These numbers reveal that the net worth of a homeowner is over 44 times greater than that of a renter.
There are … (0 comments)

better homes and gardens real estate star homes: 4 Reasons to Buy A Home This Winter! - 12/03/18 01:46 PM
4 Reasons to Buy a Home This Winter! Here are four great reasons to consider buying a home today instead of waiting.1. Prices Will Continue to Rise CoreLogic’s latest Home Price Insight report revealed that home prices have appreciated by 5.6% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.7% over the next year. The bottom in home prices has come and gone. Home values will continue to appreciate for years. Waiting no longer makes sense.2. Mortgage Interest Rates Are Projected to Increase  Freddie Mac’s Primary Mortgage Market Survey shows that interest rates for a … (1 comments)

better homes and gardens real estate star homes: Home Prices Up 6.34% Across the Country! - 11/30/18 10:53 AM
Home Prices Up 6.34% Across the Country! Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report. In the report, home prices are compared both regionally and by state. Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you more!  
Jim Starwalt
Managing Broker
Better Homes and Gardens Real Estate Star Homes
783 N Barron Blvd, Grayslake IL 60030
Cell Phone: 224-627-7581
Jim@StarHomeTeam.com
Search for Homes at www.StarHomeTeam.com
Find Me Online:

Home Prices Up 6.34% Across the Country!
(1 comments)

better homes and gardens real estate star homes: Further Proof It’s NOT 2008 All Over Again - 11/29/18 12:27 PM
Further Proof It’s NOT 2008 All Over Again
Home sales numbers are leveling off, the rate of price appreciation has slowed to more historically normal averages, and inventory is finally increasing. We are headed into a more normal housing market.
However, some are seeing these adjustments as red flags and are suggesting that we are headed back to the same challenges we experienced in 2008. Today, let’s look at one set of statistics that prove the current market is nothing like the one that preceded the housing crash last decade.
The previous bubble was partially caused by unhealthy levels … (0 comments)

better homes and gardens real estate star homes: 24% of Renters Believe Winter is the Best Time to Buy a Home - 11/28/18 02:23 PM

24% of Renters Believe Winter is the Best Time to Buy a HomeIn real estate, the spring is often seen as the ideal time to buy or sell a house. The term “Spring Buyer’s Season” exists for a reason, as renters and those looking to move on from their current home thaw out from the winter and hit the market ready to buy.

According to Bank of America’s annual Home Buyer Insights Report, 41% of renters surveyed agree that spring is the best time to buy a home. The surprising result, however, is that when ranking the seasons, winter … (1 comments)

better homes and gardens real estate star homes: The #1 Reason to Not Wait Until Spring to Sell Your House - 11/27/18 01:59 PM
The #1 Reason to Not Wait Until Spring to Sell Your House   Many sellers believe that spring is the best time to place their homes on the market because buyer demand traditionally increases at that time of year, but what they don’t realize is that if every homeowner believes the same thing, then that is when they will have the most competition!The #1 Reason to List Your Home in the Winter Months is Less Competition!Housing supply traditionally shrinks at this time of year, so the choices buyers have will be limited. The chart below was created using the months’ supply … (0 comments)

better homes and gardens real estate star homes: Buyers: Don’t Be Surprised by Closing Costs! - 11/26/18 12:56 PM
Buyers: Don’t Be Surprised by Closing Costs! Many homebuyers think that saving for their down payment is enough to buy the house of their dreams, but what about the closing costs that are required to obtain a mortgage?
By law, a homebuyer will receive a loan estimate from their lender 3 days after submitting their loan application and they should receive a closing disclosure 3 days before the scheduled closing on their home. The closing disclosure includes final details about the loan and the closing costs.
But what are closing costs anyway?According to Trulia:
“Closing costs are lender and third-party fees … (3 comments)

better homes and gardens real estate star homes: 7 Reasons to List Your House For Sale This Holiday Season - 11/20/18 09:17 AM
7 Reasons to List Your House For Sale This Holiday Season     Every year at this time there are many homeowners who decide to wait until after the holidays to list their homes for the first time, while others who already have their homes on the market decide to take them off until after the holidays.Here are seven great reasons not to wait: Relocation buyers are out there. Many companies are still hiring throughout the holidays and need their new employees in their new positions as soon as possible. Purchasers who are looking for homes during the holidays are serious … (0 comments)

 
Jim Starwalt, A Name You Know and The Brand You Trust (Better Homes and Gardens Real Estate Star Homes)

Jim Starwalt

A Name You Know and The Brand You Trust

Grayslake, IL

More about me…

Better Homes and Gardens Real Estate Star Homes

Address: 783 Barron Blvd, Grayslake, Il, 60030

Office: (847) 548-2625

Mobile: (224) 627-7581

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Interested in selling your home? Contact me to get a professional estimate.
Jim Starwalt
Call: (224) 627-7581
My Grayslake Real Estate Listings on Zillow


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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$4,000
2,100 sqft
2100 SQ. FT. office space available on the 2nd floor in this beautiful offic...
$2,500
2 ba, 1,193 sqft
1193 SQ. FT. office space available on the 2nd floor in this beautiful offic...
$1,500
2 ba, 1,033 sqft
1033 SQ. FT. office space available on the 2nd floor in this beautiful office...
$80,000
3 br, 1 ba, 930 sqft
Perfect project home! Bring your design ideas to bring this 3 bed, 1 bath hom...
$399,999
4 br, 4 ba, 1,804 sqft
Come and fall in love with this multi-generational home on a WOODED HALF acr...
$134,900
1 br, 1 ba, 604 sqft
Looking for a home with water rights AND low taxes? This home is perfect! Enj...
$219,900
2 br, 1½ ba, 962 sqft
You'll love the HARDWOOD FLOORS in this BEAUTIFUL RANCH STYLE HOME with a FI...
$159,900
2 br, 1 ba, 881 sqft
Nice ranch home with LAKE and PIER RIGHTS to Loon Lake! Add a pier at Summer...
$335,000
3 br, 2½ ba, 2,082 sqft
Beautifully maintained home on cul-de-sac in Hunters Ridge subdivision. You w...
$240,000
4 br, 2 ba, 1,080 sqft
Wonderful 4 bedroom, 2 bath home on a nice Fenced in corner lot. There's stil...
$375,000
3 br, 2 ba, 2,036 sqft
Beautiful vintage home in the GRAYSLAKE HISTORIC DISTRICT. Warm and inviting...
$155,000
3 br, 1 ba, 1,100 sqft
You will love the HARDWOOD floors in this ranch home! This home has 3 nicely ...
$239,999
3 br, 2½ ba, 1,656 sqft
You will fall in love with this completely UPDATED townhouse! Updated VINYL P...
$165,000
2 br, 2 ba, 748 sqft
Perfect project home! Bring your design ideas and elbow grease to bring this ...
$219,000
3 br, 1 ba, 1 sqft
Spacious home on a DEAD END STREET that is nestled on 3 LOTS in the Grayslake...
$214,900
4 br, 1½ ba, 1,853 sqft
Wonderful home walking distance to East Beach Park on McCullom Lake! You wil...
$235,000
2 br, 2 ba, 1,666 sqft
This bright, spacious and freshly updated end unit offers you all of the comm...
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4 br, 2½ ba, 2,752 sqft
Gorgeous home with 4 bedrooms, plus a LOFT! You will love the ARCHED doorways...
$255,000
3 br, 2 ba, 1,426 sqft
Welcome! You will love this 3 bedroom/2 bath tri-Level home with a 2.5 car ga...

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