Uncategorized Is Quantitative Easing Coming Back? Here’s What It Could Mean for Homebuyers and Sellers In the real estate world, interest rates shape nearly every conversation. Lately, there’s been a lot of buzz about whether the Federal Reserve is preparing to shift its policy and move toward something that looks like Quantitative Easing (QE) again. If you’re wondering what that means—and whether it will help or hurt your buying or […]
Uncategorized 🎃 From Haunted Origins to Happy Homes: The Real Story Behind Halloween Every October, our neighborhoods come alive with pumpkins on porches, cobwebs in windows, and kids in costumes roaming from door to door. But did you know Halloween began more than 2,000 years ago — and its roots actually have a lot in common with the spirit of real estate? 👻 The Origins of Halloween Halloween […]
Uncategorized Is the housing market going to crash? No, the Market Isn’t Crashing — It’s Settling Into a Healthy Pace If you’ve seen headlines or social media posts predicting a housing crash, it’s easy to feel a little uneasy. But let’s set the record straight — the numbers simply don’t support that idea. What we’re seeing is slow, steady growth — not a […]
Uncategorized Don’t forget about closing costs when purchasing a home!  If you’re planning to buy a home this year, there’s one expense you can’t afford to overlook: closing costs. What Are Closing Costs? Your closing costs are the additional fees and payments you make when finalizing your home purchase. Every buyer has them. According to Freddie Mac, they typically include things like homeowner insurance and title […]
Uncategorized A Walk Through Time: The History of Naperville, Illinois Naperville, Illinois, is more than just a thriving suburb west of Chicago—it’s a community deeply rooted in history, growth, and resilience. From its humble beginnings as a pioneer settlement to its rise as one of the most desirable cities to live in the country, Naperville’s story is one of vision, perseverance, and community spirit. Naperville […]
Uncategorized 🏡 A Little Naperville History – From a Neighbor Who Loves This Town As someone who’s lived in Naperville for over 40 years — and had the pleasure of helping many clients make this beautiful town their home — I’m often asked what makes Naperville so special. For me, part of the answer lies in its rich and fascinating history. Whether you’re new to the area or have […]
Uncategorized Mortgage rates and the new normal! The biggest shock to homebuyers is the soaring mortgage rates of 2022 that doubled in one year resulting in approximately 15 million mortgage-ready buyers displaced from the market due to affordability issues. As of February 23, 2023, the 30-year fixed rate mortgage was at 6.5%.  While that is twice as high as it was on January […]
Uncategorized Rent or Buy? Which is better in the long run for you? Should you continue to rent? Not sure? Contact me and we can discuss your long-term goals.
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Uncategorized Marry the house and date the rate!   The dilemma facing would-be buyers today is to wait until things settle down or move ahead in this unsettling economic environment.  More specifically, the question should be, what are you waiting to settle down: mortgage rates, or prices or both? Mortgage rates haven’t been this high since 2002, so it could be considered plausible that […]
Uncategorized It takes a village to buy a home! There are a lot of professionals involved in the homebuying process.  And when these people can function as a team, the buyer is much more likely to end up where they want to be…in their new home. The lender is an integral part of the team unless you are going to be paying cash.  Trust is very important when […]
Uncategorized What about interest rates? Waiting for the Mortgage Rates to Come Down? Waiting for the mortgage rates to come down before you buy a home may not be a good decision. If you are correct, and the rates do come down by two percent, the savings you benefit from a lower rate will most likely be devoured by the […]
Uncategorized When will the real estate market turn? Housing affordability has declined dramatically in 2022 due to continued rising home prices and a three-percentage point jump in mortgage rates.  Based on the popularity of Google searches for “housing bust” or “housing bubble”, it could be surmised that buyers are anticipating relief, but they are probably not going to see it anytime soon. Home price […]
Uncategorized The Scoop on Mortgage Rates! Rising mortgage rates are causing some would-be buyers to pause their decisions until they determine whether rates are going to come back down.  While it may be possible, the probability is that prices are going to continue to increase. On December 23, 2021, the 30-year fixed-rate, according to Freddie Mac, was 3.05% and is at 6.29% […]
Uncategorized Five Factors that affect the sale of any home! Owners directly control four of the five factors that affect the sale of any home: price, location, condition, terms, and the agent you select.  The one thing you can’t control is the location of the home, but you can adjust the other factors to compensate for failings. The seller controls the price of the home which […]