Thursday, May 21, 2015

Open House - Grayslake Manor Home for Sale

Open House - Grayslake Manor Home for Sale

Date: Sunday May 24, 2015


Time: 1:00 pm to 4:00 pm

Address: 606 Manor Ave, Grayslake IL 60030



Click here to search Grayslake 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 www.StarHomeTeam.com

Jim Starwalt, Broker Owner
Better Homes and Gardens Real Estate Star Homes
Phone: 847-548-2625
Jim@StarHomeTeam.com

Find Me Online

      


Open House - Grayslake Manor Home for Sale

Open House - Deer Point Trails, Hainesville Home for Sale

Open House - Deer Point Trails, Hainesville Home for Sale

Date: Saturday May 23, 2015


Time: 1:00 pm to 4:00 pm

Address: 378 Buck Dr, Hainesville IL 60030



Click here to search Hainesville 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 www.StarHomeTeam.com

Jim Starwalt, Broker Owner
Better Homes and Gardens Real Estate Star Homes
Phone: 847-548-2625
Jim@StarHomeTeam.com

Find Me Online

      


Open House - Deer Point Trails, Hainesville Home for Sale


Tuesday, May 19, 2015

Buying a Lake County IL Home in 2015

Buying a Lake County IL Home in 2015

In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage throughout the 100 largest metro areas in the United States.

The updated numbers actually show that the range is from an average of 16% in Honolulu (HI), all the way to 55% in Sarasota (FL), and 35% Nationwide.

The other interesting findings in the report include:

Interest rates have remained low and even though home prices have appreciated around the country (3.9%), they haven’t greatly outpaced rental appreciation (3.7%).

Some markets might tip in favor of renting if home prices increase at a greater rate than rents and if – as most economists expect – mortgage rates rise, due to the strengthening economy.

Nationally, rates would have to rise to 10.6% for renting to be cheaper than buying – and rates haven’t been that high since 1989.

Buying a home makes sense financially.

Rents are predicted to increase substantially in the next year, so lock in your housing cost with a mortgage payment now.

Click here to search Lake County 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 www.StarHomeTeam.com

Jim Starwalt, Broker Owner
Better Homes and Gardens Real Estate Star Homes
Phone: 847-548-2625
Jim@StarHomeTeam.com

Find Me Online

      


Buying a Lake County IL Home in 2015

Cherry Creek Grayslake Townhouse for Sale - Move In Ready

Cherry Creek Grayslake Townhouse for Sale - Move In Ready

1023 Ellsworth, Grayslake IL 60030




Click here to search Grayslake 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 www.StarHomeTeam.com

Jim Starwalt, Broker Owner
Better Homes and Gardens Real Estate Star Homes
Phone: 847-548-2625
Jim@StarHomeTeam.com

Find Me Online

      


Cherry Creek Grayslake Townhouse for Sale - Move In Ready

Gorgeous Barrington Home for Sale with Private Yard

Gorgeous Barrington Home for Sale with Private Yard

27036 W Miller Road, Barrington IL 60010




Click here to search Barrington 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 www.StarHomeTeam.com

Jim Starwalt, Broker Owner
Better Homes and Gardens Real Estate Star Homes
Phone: 847-548-2625
Jim@StarHomeTeam.com

Find Me Online

      


Gorgeous Barrington Home for Sale with Private Yard

Grayslake Manor Home for Sale - Completely Updated!

Grayslake Manor Home for Sale - Completely Updated!

606 Manor Ave, Grayslake IL 60030



Click here to search Grayslake 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 www.StarHomeTeam.com

Jim Starwalt, Broker Owner
Better Homes and Gardens Real Estate Star Homes
Phone: 847-548-2625
Jim@StarHomeTeam.com

Find Me Online

      


Grayslake Manor Home for Sale - Completely Updated!

Friday, May 15, 2015

Real Estate Market Update - Selling or Buying an Illinois Home in 2015

Real Estate Market Update - Selling or Buying an Illinois Home in 2015

Earlier this week, the National Association of Realtors (NAR) released their latest quarterly report.

The report covered three important aspects of the housing market:

  • Buyer Demand
  • Supply of Housing Inventory
  • Single Family Residential Prices

Today, we want to break down the highlights of the report along with several quotes from Lawrence Yun, the Chief Economist at NAR.
 
Buyer Demand

Total existing-home sales (which include single family and condo) were at an annual rate of 4.97 million in the first quarter of 2015. This represents a number which is 6.2 percent higher than the pace during the first quarter of 2014.

Yun: "Sales activity to start the year was notably higher than a year ago, as steady hiring and low interest rates encouraged more buyers to enter the market."

Supply of Housing Inventory

There were 2 million existing homes available for sale at the end of the first quarter of 2015 which represents a 4.6 months’ supply of inventory which down from 4.9 months a year ago. A healthy balance of supply between buyers and sellers is 6 to 7 months.

Yun: "With supply remaining tight—especially at the entry-level price range—buyers will need the expertise and local market insight of a Realtor® to help them through each intricate step of the buying process."

Single Family Residential Prices

Home prices accelerated in 148 out of 174 metro areas (85%) during the first quarter of 2015. and the number of areas experiencing double-digit price appreciation doubled compared to last quarter. Compared to last quarter, the number of regions experiencing double-digit price appreciation doubled. The national median existing single-family home price in the first quarter was $205,200, compared to $191,100 in first quarter of 2014. This represents a 7.4% increase year-over-year.

Yun: “…stronger demand without increasing supply led to faster price growth in many markets…Homeowners throughout the country have enjoyed accumulating household wealth through the steady rise in home values in the past few years." 

Click here to search Grayslake 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 www.StarHomeTeam.com

Jim Starwalt, Broker Owner
Better Homes and Gardens Real Estate Star Homes
Phone: 847-548-2625
Jim@StarHomeTeam.com

Find Me Online

      




Real Estate Market Update - Selling or Buying an Illinois Home in 2015