Why Working with a Local Real Estate Professional Makes All the Difference

  If you’ve entered the real estate market, as a buyer or a seller, you’ve inevitably heard the real estate mantra, “location, location, location” in reference to how identical homes can increase or decrease in value due to where they’re located. Well, a new survey shows that when it comes to choosing a real estate…

Here’s WHY You Should BUY

Real Estate mogul, Sean Conlon, host of The Deed: Chicago on CNBC, was recently asked the question, should you buy? Or should you rent a house?   Conlon responded: “I am a true believer that you save every penny and you buy your first house… and that is still the fastest path to wealth in…

The Big Down Payment Myth

Having the spare capital to put 20 percent down on a home purchase is great, but it’s certainly not the norm. Still, many people think it is and that belief may be holding some would-be home buyers back, particularly young adults. Indeed, 39 percent of non-owners say they believe they need more than 20 percent…

Home Prices: Where Will They Be in 5 Years?

My clients make good decisions because they are well-educated… the transaction is well-executed, and the CLOSING is well-delivered! Here’s a sample of the information I provide to my clients (short & sweet, just the meat – no fillers): Today, many real estate conversations center on housing prices and where they may be headed. That is…

No Housing Bubble? Then What is IT??

With home prices expected to appreciate by over 5% this year, some are beginning to worry about a new housing bubble forming. Warren Buffet addressed this issue last week in an article by Fortune Magazine. He simply explained: “I don’t see a nationwide bubble in real estate right now at all.” Later, when questioned whether…

Further Proof This Isn’t a Housing Bubble

Two weeks ago, we posted a blog which explained that current increases in home prices were the result of the well-known concept of supply & demand and should not lead to conversations of a new housing bubble. Today, we want to look at home prices as compared to current incomes. Here is a graph showing the…

HPSI – Home Purchase Sentiment Index released

This is great news! As customer confidence increases Fannie Mae can now measure it and make more accurate predictions on the future strength of the Real Estate Market…. Earlier this month, Fannie Mae’s Economic & Strategic Research Group announced the launch of their Home Purchase Sentiment Index (HPSI). The index will distill results from Fannie…

The end of the road but not the journey…

It has been a great journey for me with this home seller. Congratulations! on the sale of your home Ted! Now you can retire in style! Some people become emotionally attached to properties… I become emotionally attached to my clients…. Not only did I make a life-long friend in Mary – Her dad has a…