Well, for all the hype about the real estate market starting early this year, we’re not seeing much activity yet. Sure, a bunch of ugly, scary, roughed-up foreclosed homes hit the market early in January, but not much else has arrived yet.
My bets are on the post-Superbowl sellers. I think a lot of homeowners are [...]
Archive for the 'buyers' Category
Comments Off Laura on Jan 21st 2010
Filed under buyers, random, sellers
The Truth About Window Treatments
One of the biggest mistakes sellers can make in staging their home is leaving up old-school, heavy drapery. Fancy, expensive, over-the-top fabric window treatments are slowly going extinct.
What’s hot now is sleek and subtle, light-breathing looks. Plantation blinds, Roman shades, or whispy fabrics provide a more updated look. Moreover, they allow more light in. You [...]
Comments Off Laura on Jan 12th 2010
*from U.S. News and World Report . . .
Here is an excerpt from Luke Mullin’s report.
1. Prices to Bottom
2. Mortgage Delinquencies Up
3. Foreclosures Move Upstream
4. Mortgage Rates to Rise
5. Buyer’s Market Remains
6. Modification Plan Could be Modified
7. FHA Lending Standards May Increase
8. Tax Credit Available Through June [home must be under contract by April 30 [...]
2 Comments Laura on Jan 3rd 2010
Filed under buyers, market stats
From Business Week, December 8
“If You Don’t Buy a House Now,
You’re Stupid or Broke“
It’s all about interest rates. If you do the math, you’ll see that Marc Roth makes a strong argument.
Comments Off Laura on Dec 11th 2009
The $8000 tax credit for first time home buyers has been extended until the end of April. In addition, the federal government has now added a $6500 tax credit for home buyers who have lived in their home for five consecutive years of the past eight years.
For all the details including FAQ’s, check out the [...]
Comments Off Laura on Nov 9th 2009
Filed under buyers, market stats, palatine, sellers
Home Values in Palatine’s Reseda Neighborhood Remain Strong
One of my favorite areas of Palatine is Reseda. The streets are lined with oaks and maples, and the homeowners prune and polish their homes and yards. Many of the houses are all brick; others are brick and cedar mixes. Besides providing a nice place to live, this kind of subdivision tends to perform [...]
Comments Off Laura on Oct 22nd 2009
This is a great house. I showed it a few years ago, and my clients wrote an offer on it. Unfortunately, just as we were submitting our offer, the home sold to the couple who lives there now.
The home was well sought after, and it sold for full price at $534,886. Today the home is [...]
Comments Off Laura on Oct 17th 2009
