What's Up with Rising Mortgage Rates?
Mortgage rates nationwide are starting to rise after several years of record-low rates. What does this mean for home buyers and sellers? Here are a few points to consider:
The Real Estate Market
Real estate remains an excellent investment, and real estate markets across the country are consistently strong. In many local markets there is high demand but low inventory... Read More
Spring Cleaning: Five Tips for Clearing Clutter
Removing last year's unused clutter is therapeutic and necessary. However, knowing what should stay and what should go is often an overwhelming challenge. The following five tips are meant to help with the process of letting go.
1. Does It Get Used? A good rule of thumb when dealing with a stored or unused item is: if it hasn't been used in six months to a year, it's time to let it go. Storing an item that is never used... Read More
Five Shortcuts to Make Your Home Sparkle This Spring
We all know that one person who just adores cleaning. But for the rest of us, it's a necessary evil that gets old very quickly!
Before you tackle that long list of spring cleaning tasks, try some of these cleaning hacks designed to make these chores faster and easier. When cleaning is fun and effortless, you'll feel more energized and gain the momentum you need to knock out your list of chores. Afterward, your house will sparkle from top to bottom, which is its own reward!
1. Try Natural Solutions
Commercial cleaning solutions can add extra costs to your deep cleaning session, not to mention that harsh chemicals can leave behind unpleasant... Read More
(March 2017) SPRINGFIELD, Ill. — Median home prices in Illinois rose 6.3 percent in February over previous-year levels while statewide home sales decreased 2.8 percent for the same period, according to Illinois REALTORS®.
Statewide home sales (including single-family homes and condominiums) in February 2017 totaled 8,461 homes sold, down 2.8 percent from 8,704 in February 2016.
The statewide median price in February was $170,000, up 6.3 percent from February 2016, when the median price was $160,000. The median is a typical market price where half the homes sold for more and half sold for less.
“Inventories plummeted in February, no doubt frustrating some potential buyers but creating opportunities for the sellers who did have properties on the market,” said Illinois REALTORS® President Doug Carpenter, ABR, AHWD, GRI, SFR of Mokena, ... Continue reading the latest release
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by Pete A.
We suddenly found ourselves in need of an Agent with short sale experience and Lisa Wenzel was recommended to us by a friend. I was a little concerned at first since the property we were listing was over 50 miles away from her office but that was quickly overcome. Lisa quickly set up an appointment to come out and see the property and within a week we had our home listed with some great virtual pictures and videos online. Within two weeks of having the home listed we had an offer and it was accepted by the Bank. I could not be happier with the outcome and the help and guidance Lisa provided for us.
Jan on the Sale of Your Home!
Rick & Angela on the Purchase of Your Home!
Nate & Katie on the Purchase of Your Home!
Despite Fewer Affordable Homes for Sale, National Home Sales Rise
According to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (NAHB/HOI), housing affordability has hit a new low, the lowest since the third quarter of 2008. To a family earning the US median income of $65,700, 59.9 percent of all homes sold between October and December 2016 were affordable. In comparison, 61.4 percent of homes sold in the third quarter of 2016 were affordable... Read More
Inexpensive Ways to Give Your Home a New Look
A little creativity and a few inexpensive materials can give your home a whole new look. To get inspired, thumb through home décor magazines and let your imagination soar. Here are just a few ideas that won't strain your budget but will still provide a big impact:
Rearrange What You Have
Look for items in your home that could serve another purpose if moved to a different room. For example, a small table used as a nightstand in the bedroom will look very differently used as an end table in the living room.
Adding natural elements... Read More
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