Real Estate News from Popular Illinois Cities

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Real Estate News from Popular Illinois Counties

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 12
 How to Decide: Is Refinancing the Right Decision for You?  Because of ongoing events and the current low-interest rates being seen, many homeowners are contacting me and asking ...   "Would a Refinance of my present mortgage be a smart move?" My answer to them is typically, "Well, it depends."It...

By Scott Seaton Jr. Bourbonnais Kankakee IL Home Inspector, The Home Inspector With a Heart!
(SLS Home Inspections-Bradley Bourbonnais Kankakee Manteno)
Comments 7
The Great Kankakee River-Gotta Love It.       I have lived in the Kankakee River Valley for over 50 years. Kankakee,IL is the county capitol for Kankakee County. Kankakee was an Indian name for the local tribes. The French fur traders discovered the great land surrounding the Kankakee River in t...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 3
 Chicagoland & Surrounding Northern Illinois County Offices:Update on Services The COVID-19 outbreak has presented many challenges for all real estate professionals on many fronts ...   One of those challenges has surrounded just WHO is still functioning and providing supportive services for tran...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 2
  Addressing the Chicago-Area Housing Shortage: Can New Construction Be an Answer?  There's a home inventory shortage currently being experienced in the Chicagoland area, just as there is all across the U.S.  A recent report shared in Crain's Chicago Business proves that to be true, as it states ...

By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
Comments 0
 What Sold in Your Village in March? The usually strong spring market began to fade as the first month of the coronavirus crisis took hold. As of yesterday, all open houses have forbidden and many homeowners have removed their homes from the market.  I’d love to think that the market will pick up...

By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
Comments 1
 HUBBARD WOODS  MARCH 2020 March is the first month to show the effect that the coronavirus has had on local real estate. Showings, listings, and under-contracts have been greatly reduced. Sellers who continue to show their homes are requiring that agents and buyers not have flown in the past 14 ...

By Ken Tracy, Helping clients buy and sell since 2005
(Coldwell Banker Residential)
Comments 1
Good morning!!These are certainly crazy times we are living in…With the Coronavirus on everyone’s mind, our health and the health of our loved ones is threatened daily… Our financial health is also at risk. With most of the population quarantined in their homes and practicing social distancing, m...

By Lyn Sims, Schaumburg Real Estate
(RE/MAX Suburban)
Comments 5
There are many things that are happening in the Schaumburg Area Real Estate Market & some are very good. Showings have been impacted (graph is Illinois) but I wanted to show that not all real estate has stopped dead in its tracks. We have had many transactions already in the works & they have clo...

By Debra Kukulski, Broker Associate, SRES;SFR,CDPE;GRI;ABR;e-PRO Realtor, Northern IL
(RE/MAX Suburban)
Comments 0
 Don’t Let Frightening Headlines Scare YouThere’s a lot of anxiety right now regarding the coronavirus pandemic. The health situation must be addressed quickly, and many are concerned about the impact on the economy as well.Amidst all this anxiety, anyone with a megaphone – from the mainstream me...

By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
Comments 3
 Buy, Sell, or Wait? Covid-19 and the North Shore Real Estate Market WHAT’S HAPPENING NOW Clearly the coronavirus quarantine and safety concerns are having a direct impact on the local real estate market.  There have been many North Shore homes taken off the market but the great majority are stil...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 10
  Sheltering-in-Home? All Stocked Up?What You Can Do Next  The current coronavirus scare has many cities, states, and our entire nation declaring a "shelter-in-place" or lockdown of many businesses and services.  We're all having to learn how to navigate the stresses and challenges the virus has ...

By Alan May, Helping you find your way home.
(Jameson Sotheby's International Realty)
Comments 6
Governor Pritzker has stated that Real Estate Services in Illinois are considered essential services, and therefore exempt from the stay at home order.We Realtors are not surprised.  We know how essential our services are to our buyers and sellers.  We still need to practice safety and care with ...

By Lyn Sims, Schaumburg Real Estate
(RE/MAX Suburban)
Comments 5
The Wall Street Journal's got it in for Nudes .....So here's the story ..... I was updating my links on my ActiveRain Profile & I noticed that one of my 'prized' links was no longer working. Of course, it's from when I was interviewed by the Wall Street Journal. Original post that was written by ...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 7
  Your Savings & Down Payment Secret Weapon:Your Tax Refund   Socking away money for any reason is no small fete these days ...    But when the savings are for the purchase of a home, especially if your first home, the act of saving money can seem even more challenging ... and take on an even hig...

By Scott Seaton Jr. Bourbonnais Kankakee IL Home Inspector, The Home Inspector With a Heart!
(SLS Home Inspections-Bradley Bourbonnais Kankakee Manteno)
Comments 7
What are we doing to stay safe? Our priority at this time is the safety of our inspection team, their families, their relatives, their neighbors, their friends, our clients, our realtor partners, and all of their families, friends, neighbors, relatives.  Basically, everyone that could possible be...

By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
Comments 36
  Covid-19 Not all Bad News! There’s a pretty smart guy out there who writes a tech/financial blog. He shared his blog online with his customers and I was able to see it. Peter Diamandis is the founder and executive of the XPRIZE Foundation, the author of two best-selling books, has degrees in mo...

By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
Comments 1
 New Trier High School Homes for Sale Winnetka IL Buyers often seek out homes in North Shore villages that feed into New Trier High School. Often, the elementary or middle schools are less important than the final school their child will attend before college. We all know the caliber of the educa...

By Lyn Sims, Schaumburg Real Estate
(RE/MAX Suburban)
Comments 21
A couple of points & differences between the 2008 market crash & what is currently happening in the real estate market. LOTS OF DIFFERENCES. People have much more equity & are on time with their mortgage payments than ever before. Interest rates are low which always spurs on the overall economy. ...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 5
  What You Need to Know About Financial Markets and the Mortgage Process The speed and ferocity with which the financial markets have been moving as of late have been mind-boggling ...   Even consumers that are typically only casual observers of the financial markets, not participants in them, ar...

By Ken Tracy, Helping clients buy and sell since 2005
(Coldwell Banker Residential)
Comments 5
Good afternoon!!Yesterday (Sunday) afternoon was one of those gorgeous days in early spring that make the winters in Naperville seem worthwhile…It was March 8th, the temperature was over 60 degrees, and there was endless sunshine Just a gorgeous day to be out and about… After a busy morning fille...

By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
Comments 2
Sole+Luna Amy Bradley and Jessica Dietrich are starting something exciting in Hubbard Woods, Winnetka. They’ve taken over the old Sawbridge Studio space and will be opening, to quote from their Facebook page: “A wellness sanctuary that offers daily ritual for the mind, body, and soul.” What does ...

By Lyn Sims, Schaumburg Real Estate
(RE/MAX Suburban)
Comments 3
But what really are today's buyers looking for? It's actually broken down to areas of the country on an infographic below. Here in the Midwest, we obviously have different criteria than someone from the West Coast.  But what is really important?  The 2 car garage being the absolute standard & dep...

By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
Comments 2
   What Sold in Your Village in February? WINNETKA  Current Winnetka Real Estate Market:Homes for sale: 114Price range: $375,900 to $9,500,000Current median for sale price: $1,389,000Under contract: 36Condos for sale: 11Price range: $140,000 to $725,000WILMETTE  Current Wilmette Real Estate Marke...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 25
  Arriving Summer of 2020:  The New FICO 10 Scoring ModelHere's What to Expect ...  Hotter temperatures aren't the only thing that will soon be rolling in.  A hot new FICO Scoring model will also make its entrance at some point during the upcoming summer months ... A new credit scoring model isn'...

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