Buyer Broker Chicagoland - Negotiation Experts - 100% on The Home Buyer's Side!

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Real Estate Agent - Buyer Broker Chicagoland - CHICAGO IL AND SUBURBS
Buyer Broker Chicagoland - Negotiation Experts - 100% on The Home Buyer's Side!

ARCHIVED BLOG POSTS

2009 

A rising proportion of fixed-rate home loans made to people with good credit are sinking into foreclosure, adding to concerns about the strength of the economic recovery.   Driven by rising unemployment, such loans accounted for nearly 33 percent of new foreclosures last quarter. That compares wi...
11/19/2009
For the three months ended Sept. 30, 6.25 percent of U.S. mortgage loans were 60 or more days past due, according to credit reporting agency TransUnion. That's up 58 percent from 3.96 percent a year ago. Being two months behind is considered a first step toward foreclosure, because it's so hard t...
11/17/2009
According to developer Jacob Bletnitsky, the final tally for sales was 46 units. The Michigan Avenue Tower II auction - was held yesterday afternoon at the W Chicago – City Center in the Loop. Buyers packed one of the hotel’s event rooms starting at 1 p.m. to vie for 43 condos (three more were ad...
11/16/2009
We certainly are in the midst of wonderful Chicago area Fall weather. There is a nip in the air, and final leaves to rake.  It's a wonderful time of year to be in the Chicago area - especially as it has been warmer than normal - though the cool air is finally kicking in with an invigorating punch...
11/16/2009
In a survey conducted by move.com before the credit extention - they found that just one in 20 Americans say they plan to buy a home within the next year, and they're most likely to be 34 years old or younger and living in the South or West. (Comment - that begs the question - what about the East...
11/11/2009
Last week, a new Homebuyers Tax Credit bill was signed into law. The bill extends the tax credit for first-time homebuyers (FTHBs), as well as opens it up to current homeowners who are looking to buy. And even if you aren't looking to purchase - pass on this article to anyone you think might be i...
11/09/2009
After the Senate gave final approval last night without a dissenting vote, the House of Representatives voted overwhelmingly this afternoon to pass legislation containing an extension and expansion of the homebuyer tax credit, completing Congressional action and sending the tax credit to Presiden...
11/06/2009
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Rick Hauser

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