Categories for Local Market Updates

Existing Home Sales Reach Highest Mark Since 2007 [INFOGRAPHIC]

Existing Home Sales Reach Highest Mark Since 2007 [INFOGRAPHIC] Highlights: Sales of existing homes reached the highest pace in a decade at a seasonally adjusted annual rate of 5.69 million. January marked the 59th consecutive month of year-over-year price gains as the median home price rose 7.1% to $228,900. NAR’s Chief ...

Continue Reading

Real Estate Values Today Compared to Pre-2008 Peak

Real Estate Values Today Compared to Pre-2008 Peak This housing market has many people talking about home values; where they are and where they are headed. It’s also interesting to look back and see how home prices compare to values prior to the housing crisis. Every quarter, Freddie Mac releases their House Price ...

Continue Reading

Mundelein, Il Homes for Sale

Get local real estate news for Mundelein or any other area throughout Chicago by following me at HomeSnap today!  Mundelein Home Sales for Friday, August 5, 2016 Maria on HomeSnap – Download the APP!  ...

Continue Reading

Do You Know the Impact Your Interest Rate Makes? [INFOGRAPHIC]

Do You Know the Impact Your Interest Rate Makes? [INFOGRAPHIC]   ...

Continue Reading

New Home Sales Up 25.4% Last Month!

New Home Sales Up 25.4% Last Month! According to the latest Census Bureau Report, sales of newly constructed homes soared to new heights in June to a seasonally adjusted rate of 592,000. This marks the highest annual rate in 8 years.  Trulia’s Chief Economist, Ralph McLaughlin had this to say: “New home ...

Continue Reading

June is National Homeownership Month

...

Continue Reading

Your Real Estate Resource

Click Below! Real Estate with Maria Simoncelli ...

Continue Reading

Vacation Home Sales: Sales Down, Prices Up

Vacation Home Sales: Sales Down, Prices Up The National Association of Realtors recently released their 2016 Investment and Vacation Home Buyers Survey. The survey revealed many characteristics of both vacation home purchasers and investors. Today, we want to concentrate on the vacation real estate market. The survey found that vacation home sales last ...

Continue Reading

Gap Between Homeowner’s & Appraiser’s Opinions Widen

Gap Between Homeowner’s & Appraiser’s Opinions Widen In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. One major challenge in such a market is the bank appraisal. If prices are surging, it is difficult for appraisers to find adequate, comparable sales (similar ...

Continue Reading

A Million+ Boomerang Buyers about to Enter Market

A Million+ Boomerang Buyers about to Enter Market   TransUnion recently released the results of a new study titled “The Bubble, the Burst and Now – What Happened to the Consumer?” The study revealed that 1.5 million homeowners that were negatively impacted by the housing crisis could re-enter the housing market in the next ...

Continue Reading