Chicago Real Estate

Banks Start To Loosen Up In Underwriting

February 3, 2012 by · Leave a Comment 

After a half-decade of tightening mortgage guidelines, banks are starting to “loosen up”.

Home Affordability Threatened By Friday’s Jobs Report

February 2, 2012 by · Leave a Comment 

It’s a risky time to be without a locked mortgage rate — especially with the pending release of January’s Non-Farm Payrolls report.

Case-Shiller Index Says Detroit And Washington DC Lead The Market

February 1, 2012 by · Leave a Comment 

According to the Case-Shiller Index, home values fell in 19 of 20 tracked markets in November 2011.

Supply Of New Homes At 6.1 Months Nationwide

January 31, 2012 by · Leave a Comment 

According to the Census Bureau, the number of new homes sold in December 2011 slipped 2 percent to 307,000 units on a seasonally-adjusted, annualized basis nationwide.

5 Simple Ways To Declutter Your Home

January 30, 2012 by · Leave a Comment 

When a home is listed for sale, its “clutter” can be the difference between a rapid sale and no sale at all.

Pending Home Sales Index Posts Second Best Month Since April 2010

January 27, 2012 by · Leave a Comment 

The housing market continues to show signs of improvement, propelled by low home prices and the cheapest mortgage rates of all-time.

A Simple Explanation Of The Federal Reserve Statement (January 25, 2012)

January 25, 2012 by · Leave a Comment 

Wednesday, the Federal Reserve’s Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent.

The Federal Reserve Meets Today : Mortgage Rates Expected To Move

January 25, 2012 by · Leave a Comment 

The Federal Open Market Committee adjourns from a scheduled 2-day meeting today, its first of 8 scheduled meetings this year.

Existing Home Sales Approach Bull Market Territory

January 24, 2012 by · Leave a Comment 

According to data from the National Association of REALTORS®, on a seasonally-adjusted, annualized basis, December’s Existing Home Sales climbed by 120,00 units overall from the month prior on its way to an 11-month high.

When Should I Change My Home’s Air Filters?

January 23, 2012 by · Leave a Comment 

Home air filters trap and remove dust and particles from the air you breathe; leaving clean air to circulate your home. How long has it been since you last changed your home’s air filters?

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Rita Kerins – dedicated expert Chicago Realtor