Click here to search Northern Illinois Homes for Sale. Jim Starwalt Thinking of making a move? Log onto my website at www.StarHomeTeam.com and search Northern Illinois Homes for sale. Easily search Northern Illinois Homes for Sale with photos, open houses and virtual tours at StarHomeTeam.com Jim Starwalt, Real Estate Broker RE/MAX Center Phone: 847-548-2625 Jim@StarHomeTeam.com Find Me Online
Real Estate Prices - Buying and Selling a Home in 2015 … (0 comments)
northern illinois: Buying an Illinois Home in 2015
- 02/26/15 06:01 AM
Buying an Illinois Home in 2015 The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate then the greater the payment will be. That is why it is important to look at where rates are headed when deciding to buy now or wait until next year. Below is a chart created using Freddie Mac’s February 2015 U.S. Economic & Housing Marketing Outlook. As you can see interest rates are projected to increase steadily over the course of 2015. How Will This Impact Your Mortgage Payment? Depending on the … (0 comments)
northern illinois: 2015 Home Buying - Still a Great Way to Build Wealth
- 02/09/15 06:42 AM
2015 Home Buying - Still a Great Way to Build Wealth Over the last six years, home ownership has lost some of its allure as a financial investment. As homeowners suffered through the housing bust, more and more began to question whether owning a home was truly a good way to build wealth. Every three years the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. Some of the findings revealed in their report:
The average American family has a net worth of $81,200. Of that net … (0 comments)
northern illinois: Now is a Good Time to Buy a Home in 2015
- 01/17/15 06:12 AM
Now is a Good Time to Buy a Home in 2015 There are many people deciding on whether to sign a new lease on a rental property or take the dive into home ownership. Every situation is different. However, with rents, home values and mortgage interest rates projected to rise, buying now might make a lot more sense than waiting until next year. Here are others who seem to agree: An article at NPR: “Economists see several reasons why 2015 might be a banner year for homebuying — and not just in San Francisco and Miami.” An article … (0 comments)
Smoke Alarms and Carbon Monoxide Detectors Smoke alarms and carbon monoxide detectors save lives. Checking alarms and detectors is especially important when cold temperatures in the winter leave homes closed up. This month inspect, clean and test your smoke alarms and carbon monoxide detectors, and be sure to replace any that are faulty, no longer working or old. Fire Extinguishers
Very few homeowners actually have to use a fire extinguisher; many times these important tools get overlooked for maintenance. January is a great time to inspect and charge any … (0 comments)
According to Freddie Mac’s latest U.S. Economic and Housing Market Outlook, U.S. home sales in 2015 will show increase to the numbers associated with a normal real estate market. Here is their projection: “We are projecting a 4 percent rise in sales to 5.6 million, which would mark the highest level of annual sales since 2007.” And their optimism was seconded by both the National Association of Realtors (NAR) and the Mortgage Bankers Association (MBA).
It seems that an improving economy and jobs market … (0 comments)
northern illinois: 2015 Home Buying - Illinois First Time Home Buyers
- 12/18/14 03:50 AM
2015 Home Buying - Illinois First Time Home Buyers Have you been sitting on the sidelines trying to decide if you should purchase a home or sign a rental lease? Here is what the typical first time home buyer actually looks like based on the National Association of REALTORS most recent Profile of Home Buyers and Sellers. Here are some interesting revelations on the first time buyer:
You may not be much different than many people who have already purchased their first home. Click here to search Northern Illinois Homes for Sale. Jim Starwalt … (0 comments)
Based on a recent study, here are two reasons buying a home might make more sense:
Click here to search Northern Illinois Homes for Sale. Jim Starwalt Thinking of making a move? Download the New Free RE/MAX Home Search App or text the word MOBILE to 224-677-2200. Log onto my website at www.StarHomeTeam.com and search Northern Illinois Homes for … (0 comments)
northern illinois: Illinois Home Buying in 2015 - Interest Rates
- 09/19/14 09:18 AM
Illinois Home Buying in 2015 - Interest Rates Where Do The Experts Think Interest Rates Will Be This Time Next Year? Here are the latest projections for the third quarter of 2015 directly from the experts themselves.
Mortgage Rate Projections:
Fannie Mae projection 4.6% Freddic Mac projection 4.8% Mortgage Banker Assoc projection 5.2% National Assoc of Realtors projection 5.2% Click here to search Northern Illinois Homes for Sale. Jim Starwalt Thinking of making a move? Download the New Free RE/MAX Home Search App or text the word MOBILE to 224-677-2200. Log onto my … (0 comments)
northern illinois: 2014 Home Buying - Down Payment Amount Needed
- 07/16/14 08:34 AM
2014 Home Buying - Down Payment Amount Needed A recent survey by Zelman & Associates revealed that 38% of those between the ages of 25-29 years old and 42% of those between the ages of 30-34 years old believe that a minimum of 15% is required as a down payment to purchase a home. A recent questionnaire administered by Freddie Mac showed that over 50% of all respondents thought 20% was required as a down payment. In actually, a purchaser may be able to put down far less. Freddie Mac, in a recent blog post addressing the … (0 comments)
northern illinois: I Found It! Now What?
- 03/10/08 09:58 AM
I Found It! Now What? You've decided on a home! What do you do now? You've made up your mind, you've found it! This is the home for you!Now what do you do?The next step is to make an offer. In the Northern Illinois area, the initial offer on a home needs to be made in writing. As your Realtor, we will fill out a purchase contract. After we complete the details of the contract together, I will present your offer to the listing agent. The listing agent then contacts the sellers. After the initial written offer is presented, there is … (0 comments)
Real Estate Prices - Buying and Selling a Home in 2015 
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