grayslake realtor: 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)

grayslake realtor: 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)

grayslake realtor: 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)

grayslake realtor: 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)

grayslake realtor: 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)

grayslake realtor: 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)

grayslake realtor: 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)

grayslake realtor: 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)

grayslake realtor: 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)

grayslake realtor: 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)

grayslake realtor: 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)

grayslake realtor: 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)

grayslake realtor: 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)

grayslake realtor: 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)

grayslake realtor: 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)

grayslake realtor: 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)

grayslake realtor: Home Sellers in Q3 Netted $61K at Resale - 11/14/18 01:31 PM
Home Sellers in Q3 Netted $61K at ResaleAccording to a recent report by ATTOM Data Solutions, home sellers who sold their homes in the third quarter of 2018 benefited from rising home prices and netted an average of $61,232.
This is the highest average price gain since the second quarter of 2007 and represents a 32% return on the original purchase prices.
After the Great Recession, many homeowners were left in negative equity situations but home price appreciation in the recovery period since then has given homeowners something to smile about.
The results from ATTOM fall right in … (0 comments)

grayslake realtor: 5 Tips When Buying a Newly Constructed Home - 11/07/18 01:11 PM

5 Tips When Buying a Newly Constructed Home
The lack of existing inventory for sale has forced many homebuyers to begin looking at new construction. When you buy a newly constructed home instead of an existing home, there are many extra steps that must take place.
To ensure a hassle-free process, here are 5 tips to keep in mind if you are considering new construction:
1. Hire an Inspector
Despite the fact that builders must comply with town and city regulations, a home inspector will have your best interests in mind! When buying new construction, you will have between 1-3 … (2 comments)

grayslake realtor: The Difference an Hour Will Make This Fall ... - 11/02/18 01:03 PM
The Difference an Hour Will Make This Fall ... Every Hour in the US Housing Market:  596 Homes Sell 278 Homes Regain Positive Equity Median Home Values Go Up $1.20  
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:

(0 comments)

grayslake realtor: How Will Home Sales Measure Up Next Year? - 11/01/18 01:39 PM
How Will Home Sales Measure Up Next Year?  
There are many questions about where home sales are headed next year.   We have gathered the most reliable sources to help answer this question.   Here are our sources:   Mortgage Bankers Association (MBA) – As the leading advocate for the real estate finance industry, the MBA enables members to successfully deliver fair, sustainable, and responsible real estate financing within ever-changing business environments.   The National Association of Realtors (NAR) – The largest association of real estate professionals in the world.   Freddie Mac – An organization which provides liquidity, stability, … (0 comments)

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

Jim Starwalt

A Name You Know and The Brand You Trust

Grayslake, IL

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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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Contact Me 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 REMAX Center See Jim Starwalt's listings Get this widget Illinois Mortgage Rates 30 Year Fixed 15 Year Fixed 5/1 Adjustable Mortgage Rates on Zillow Jim Starwalt


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577 jeffrey ave 55
$439,000
5 br, 3½ ba, 4,616 sqft
ABSOLUTELY STUNNING 5-bedroom custom home with a premium location on a privat...
782a8230
$264,999
3 br, 2½ ba, 2,737 sqft
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3 br, 2 ba, 1,742 sqft
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671 brookstone rd 41
$299,988
4 br, 2½ ba, 3,501 sqft
Gorgeous Haryan Farm home offers the space and amenities you've been looking ...
122 braxton way 42
$310,000
4 br, 2½ ba, 2,996 sqft
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$343,500
5 br, 2½ ba, 3,132 sqft
This gorgeous home is extraordinary in details! Featuring a premium location ...
1049 adagio 01
$245,000
4 br, 2½ ba, 2,854 sqft
Shows like a model home! This beautiful 4-bedroom home has 2,854 sq ft of li...
449 penny ln 35
$250,000
4 br, 2½ ba, 2,475 sqft
This home is easy to love with a spacious open floor plan and an abundance o...
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$289,000
4 br, 2½ ba, 2,705 sqft
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20649 w rollins rd 52
$204,999
3 br, 2 ba, 1,516 sqft
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$405,000
3 br, 3½ ba, 1,800 sqft
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$219,988
2 br, 2½ ba, 1,740 sqft
Immaculate and still new, come see this beautiful townhouse built in 2017! Lo...
6508 midleton 36
$229,000
4 br, 2½ ba, 2,016 sqft
You'll love the spacious sun-filled rooms & 9ft ceilings in this beautiful 4-...
45 webb 35
$309,988
5 br, 2½ ba, 2,652 sqft
You'll love this location! So close to Downtown Grayslake and just steps away...
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$395,500
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Gorgeous custom home with an extraordinary 6-car garage! You'll love the priv...
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$514,900
4 br, 3½ ba, 3,163 sqft
Premier residence in the golf community of Greggs Landing is priced to sell! ...

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