Historic Downtown Long Grove is not a just a neighborhood, but a village of colorful, rustic beauty and style. Home to a variety of unique restaurants, stores, art and antiques, it is famous for its cultural activities and fests (Chocolate fest in middle May, Strawberry fest in late June, Apple fest in late September , […]
The housing market is a fickle beast First, let’s take a look at the home sales this year compared to last year in the months of Sept – December. According to the NAR (National Association of Realtors), the inventory of homes for sale has increased. Furthermore, the sales of existing homes has gone down during […]
1. Mortgage Interest Rates Are Projected To Increase Keeping up on the Real Estate market trends can be difficult. Freddie Mac’s Primary Mortgage Market Survey shows that interest rates for a 30-year mortgage have hovered around 4.8%. Most experts predict that rates will rise over the next 12 months. The Mortgage Bankers Association, Fannie Mae, Freddie Mac and the National […]
Safety First – Don’t Burn Down The House Safety isn’t everyone’s favorite topic of discussion. Back when I was a project manager in the city, I constantly had to remind crews about safety precautions. Typically received with a few eye rolls, or even a middle finger. This article covers some safety related tips for your […]
Properly negotiating the sales price on a new home purchase can be very exciting, or extremely frustrating. Whether you’re new to the game, or a seasoned vet, it’s important to have a good understanding of the negotiating process. I’m sure there are entire books dedicated to the “Do’s and Don’t” when entering into a sales […]
Thinking about selling your home? Coming up with the appropriate listing price for your home is a crucial component in the selling process. Of course, the MLS has the most accurate, most up to date information available. However, there are some things you can do before speaking with your Real Estate Agent to better educate […]
Interest Rate Hike The benchmark interest rate has increased for the second time this year due to the resilient US economy. The fed now anticipates 4 total interest rate hikes this year apposed to the 3 it had originally anticipated. This means consumers and businesses can expect higher rates on their loans in the short […]