Are you shopping for a home? This could be the easiest way to get started with your home search. Download My real estate App: http://t.ikenex.com/?k=vVe Note: Tap the link again to brand to me. pic.twitter.com/MFpvwfLueH
Warning! Renting Could Be Hazardous to Your Wealth!
Many families, couples and individuals spend their hard earned money each month on a rental payment not realizing that they could possibly own a home. Did you know there are over 500 grant programs available to help 1st time home owners, veterans, and others get into a home?
If you aren’t sure you should consider purchasing a home check out this chart on how much money you could be spending each month to fund your landlord’s future and dreams.
| Rent | 1 year | 5 years | 10 years |
| $ 600 | $7,200 | $36,000 | $72,000 |
| $ 800 | $9,600 | $48,000 | $96,000 |
| $1,200 | $14,400 | $72,000 | $144,000 |
| $1,500 | $18,000 | $90,000 | $180,000 |
| $2,000 | $24,000 | $120,000 | $240,000 |
If you’ve been renting for 1 year then it’s time to reconsider Owning a home. If you’ve been renting longer now is the best time to consider owning a home. If you think you can’t own, think again. Whether you think you can or you think you can’t is up to you. Even if we have to plan for 3 months, 6 months a year or longer. I can help you get on the road to home ownership. Contact me today. email, Facebook, twitter, and even text.
Can I Afford it?
Last night I sat thumbed through an actual magazine, “Real Simple Magazine”. I stumbled upon an article titled, “How Much can I really afford”. This one I had to read. As a real estate professional I run into people every day that want to own a home and think they can’t. The truth is most can probably afford the down payment on a home but don’t realize that they are spending that down payment every time they hit the shopping center. Usually on the way home from work or on the weekend. It could be as simple as making your own coffee every day.
Check out the article to learn what I learned in just a few minutes. Start saving for your home today.
How Much Can I Really Afford? http://www.realsimple.com/work-life/money/spending/how-much-can-i-afford-00100000100642/index.html via @RealSimple
MREDpalooza – Not Your Typical Real Estate Tech Fair
This is one of the largest Technology Fairs ever. If you are a real estate professional or in the real estate industry you can’t miss this event. www.mredpalooza.com
Inventory is low in DuPage County IL April 2013 Update
DuPage County homes for sale are down. Inventory is extremely low. Single family homes for sale are down 24.2% from the previous and attached homes for sale are down 31.5%. Now may be a great time to sell. We are definitely in a sellers market.
Click to view! Homes for Sale for Du Page.
Inventory is low in Cook County April 2013
Cook County homes for sale are down. Inventory is extremely low. Single family homes for sale are down 20% from the previous and attached homes for sale are down 35.4%. Now may be a great time to sell. We are definitely in a sellers market.
Click to view the chart. Homes for Sale for Cook.
Happy Mother’s Day
To all the mothers, grandmothers, great grandmothers and women who give their hearts to their family and friends,
Have a great Mother’s Day. Well Deserved.
Inventory is still down in DuPage March 2013
We are definitely in a sellers market. If you don’t believe it check out the March 2013 Stats. Attached homes are down 46% and Single Family homes are down 36% from March 2012.
Median Sales are up 3.3% for Single Family. Now is a great time to consider selling.
Someone Say House Party!
Earlier today I shared statistics on DuPage County and how inventory is low. In DuPage County ReSale of homes are up 4.5% in February 2013 from February 2012 and New Construction is up 21.5% in February from 2012. This is great news for our local market. Check out What BofA is saying about the entire U.S.
According to Bank of America Corp., U. S. Home prices will probably rise 8% this year.
click to read the entire article.
Housing Information :: Bank of America raises forecast for gain in home prices.
http://www.bloomberg.com/quote/BAC:US
Despite the Cold Weather Buyers Still Want to Buy Your House
Northern Illinois still has considerably cold weather compared to last year when we were in the 80’s on some days. Although the weather isn’t where we would like it buyers are still buying homes. However, these buyers are finding less to choose from. In February of 2012 there were 4,016 single family homes for sale in DuPage County and 2,728 attached homes for sale. Last month, February 2013, there were only 2,822 single family homes for sale and only 1,607 attached homes for sale. A decrease of 29.7% for single family and 41.1% for attached single family.
What does this mean for our market? Yes, we are in a sellers market. Depending on how accurately an agent listed a home the property could sell relatively quickly. The property may also end up in a multiple offer situation. For every home I’ve listed in the past 6 months the home had multiple showings and went under contract almost immediately.
Home values may not be where we want them but we’ve definitely started the up turn for the DuPage County market. For statistics on your specific city contact me today. Email, facebook, LinkedIn or twitter. 
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Click to see the Median Sales Price for Du Page. February 2013