The Helen Oliveri Team

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Real Estate Agent - The Helen Oliveri Team
News, tips and tricks about the Chicago Area and National Real Estate Market, brought to you by The Helen Oliveri Team of Keller Williams Realty.

ARCHIVED BLOG POSTS

2009 

NEW YORK (Money) -- Question: I bought a home and qualified for the $8,000 first-time homebuyer tax credit. I'm still a bit confused, though, about the payback rules. Can you explain them? --Jessica G., Houston, TexasAnswer: Sure. But first I'd like to remind anyone who's considering taking advan...
09/30/2009
You may have seen the headlines last week about the Federal Reserve continuing its policy of keeping interest rates low to stimulate the economy. But you might have missed a major byproduct of that move that's certain to have a direct impact on home real estate: Thirty-year fixed mortgage rates s...
09/29/2009
What type of investment real estate has been holding up best in tough economic times? Everybody's heard of the problems in commercial and retail - but how about multifamily apartments? You just might be surprised. According to National Association of Realtors research economist George Ratiu, whil...
09/28/2009
Becoming a landlord is often met with objections from the inexperienced. They see the difficulties and troubles that can unfold and maybe they’ve even heard horror stories from former landlords. But due to the current market conditions, some homeowners are becoming accidental landlords and that’s...
09/25/2009
It could be a good time to invest in real estate, given the abundance of foreclosures and other distressed properties with reduced prices. It could also be a bad time to invest in real estate, if you don't know what you are doing. There's the rub. "It's a good time to invest, but it is difficult....
09/24/2009
Now it's official. The chairman of the Federal Reserve Board himself has said it publicly that it looks like the recession is over. Here comes the recovery. But there was a big footnote in Bernanke's speech on the economy last week in Washington: Don't look for a dramatic recovery. It'll be more ...
09/23/2009
A new federal law beginning April 2010 will require all contractors performing renovation, repair and painting projects that disturb lead-based paint in private homes, childcare facilities, and schools (built prior to 1978) to be certified in the prevention of lead contamination. According to the...
09/22/2009
The first major change to the $8,000 home buyers tax credit began moving through Congress last week, giving hope to real estate and building groups pushing for extension of the entire program before it expires Nov. 30. House Ways and Means Committee chairman, Congressman Charles Rangel, a New Yor...
09/21/2009
McLEAN, VA -- Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 5.04 percent with an average 0.7 point for the week ending September 17, 2009, down from last week when it averaged 5.07 percent. La...
09/18/2009
Financing the purchase of a home could be the most complex financial decision you'll every endure. You need all the help you can get. To help get you started with the basics, the Federal Reserve offers "5 Tips for Shopping for a Mortgage," because, well, the fundamentals always apply. Don't bite ...
09/17/2009
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