Friday, February 27, 2015

Gages Lake IL Home for Sale - Close to Beach, Next to Park

Gages Lake IL Home for Sale - Close to Beach, Next to Park

33613 N Forest Drive, Gages Lake 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 StarHomeTeam.com

Jim Starwalt, Real Estate Broker
RE/MAX Center
Phone: 847-548-2625
Jim@StarHomeTeam.com

Find Me Online

      



Gages Lake IL Home for Sale - Close to Beach, Next to Park

2015 Real Estate Market - NAR Existing Home Sales Report

2015 Real Estate Market - NAR Existing Home Sales Report
  
  • Home Prices are Up!
  • Homes Sales are Up!
  • Inventory is Down
  • On Average 13,205 Homes Sell Every Day



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 StarHomeTeam.com

Jim Starwalt, Real Estate Broker
RE/MAX Center
Phone: 847-548-2625
Jim@StarHomeTeam.com

Find Me Online

      



2015 Real Estate Market - NAR Existing Home Sales Report

Thursday, February 26, 2015

Palatine IL Townhouse for Sale - Beautifully Updated

Palatine IL Townhouse for Sale - Beautifully Updated

805 N Mulligan Ct, Palatine IL 60067




Click here to search Palatine 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

      


Palatine IL Townhouse for Sale - Beautifully Updated

Buying an Illinois Home in 2015

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 amount of the loan that you secure, a half of a percent (.5%) increase in interest rate can increase your monthly mortgage payment significantly.

Research released by Zillow touched on this point:
“As rates rise, new home buyers will confront higher financing costs and monthly mortgage payments. For many, this will mean tightening their budgets and sacrificing some luxuries they may take for granted today.”
The experts predict that home prices will appreciate by 4.4% over the course of 2015.

If both predictions become reality, families would wind up paying considerably more for their home.

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

      

Buying an Illinois Home in 2015

Wednesday, February 25, 2015

Open House - Summerfields, Gurnee 4 Bedroom Home for Sale

Open House - Summerfields, Gurnee 4 Bedroom Home for Sale

Date: Saturday February 28, 2015

Time: 12 noon to 2:00 pm

Address: 33915 N Summerfields Dr, Gurnee IL 60031




Click here to search Gurnee 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

      


Open House - Summerfields, Gurnee 4 Bedroom Home for Sale

2015 Real Estate Market - House Prices Beginning to Accelerate

 2015 Real Estate Market - House Prices Beginning to Accelerate 

The supply of homes for sale in December 2014 was at its lowest level in over a year.

The January 2015 National Housing Trend Report from realtor.com now reveals that inventory in January has decreased another 6.7% month over month and 8.7% year over year.

This is occurring at the same time that buyer activity (demand) remains strong.

This prompted realtor.com’s Chief Economist Jonathan Smoke to report:

“January’s inventory data suggest a continuation of the tightening trend we identified last month in the December data, and with a shortage of inventory typically comes increased home prices. Half of the 200 markets realtor.com tracks experienced year-over-year price increases of at least 6% in January.”

This after the National Association of Realtors (NAR) had already reported in their latest quarterly report:

“The majority of metropolitan areas experienced steady but slightly stronger price growth in the fourth quarter of 2014, behind a decline in housing supply and an uptick in demand fueled by lower interest rates and a stronger job market.”

Whether you are a first time buyer or a move-up buyer, now may be time to purchase a home – before prices increase any further.

Click here to search Grayslake, Gurnee and Lake Villa 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

      


2015 Real Estate Market - House Prices Beginning to Accelerate

Tuesday, February 24, 2015

McHenry Waterfront Home for Sale - Over 1/2 Acre Yard

McHenry Waterfront Home for Sale - Over 1/2 Acre Yard

312 W Nippersink Dr, McHenry IL 60050




Click here to search McHenry 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

      


McHenry Waterfront Home for Sale - Over 1/2 Acre Yard