Archive for the ‘Buyers Tips’ Category

Plumbing Tips For Buffalo Grove Area Home Owners

Real estate is more than just buying and selling homes. Although I specialize in helping my clients buy and sell homes in Buffalo Grove and the surrounding areas, my goal as your Realtor® For Life is also to provide resources to maintain and improve your home. I have a Special Report- Quick Fixes For Plumbing Problems that you can download.

If you would like a referral to a plumber or any other trade, please don’t hesitate to ask me.

Plumbing tips for homeowners

Download Quick Fixes For Plumbing Problems

The Buffalo Grove Spring Market is Starting-Football is Over

Usually, the Spring Market real estate in Buffalo Grove real estate doesn’t start until the Bears are out of the playoffs. Really, as long as the Bears are playing, no one is thinking about real estate. Well this year it took a little longer to start the spring market. Now,that’s a good thing and since the Super Bowl is finished, can you believe it…the Packers, who would have thunk it, we can get started with real estate again.

The question everyone is asking themselves is should I wait? Aren’t prices going to go down further? The answer is, no and yes. I believe that for 2011, prices in the Buffalo Grove area will drop between 3-5%. If January is any sign of what’s to come, we saw single family home sales drop from January 2010 to January 2011. But what we also saw was that prices stayed the same. Hey, it’s a start.

But here’s the bigger question, if I wait what will my real costs be? You know, the price of the house and the interest rate I’ll be paying. Interest rates are on the rise, the rate in November was 4.17%, the rate today is over 5%. Even is prices fall 5%,but rates go up 1%,your costs over time will be greater.

So if you’re thinking of buying a house, go ahead and factor in what you believe to be the price drop, knowing, that if rates rise, and they will, it will cost you more. The bottom line is your cost.

If you have any questions, please don’t hesitate to contact me. Happy Buying!

Could World News Effect Buffalo Grove Real Estate?

Is Real Estate Effected by World Events?

World EconomyIf any of you still think the United States is an island by itself, all you have to do is look at what the markets have been doing the last few days, and especially today. We are in a global market and economy, whether we like it or not.  I believe the good that will come out of this is countries, more than ever will want to invest in the U.S. and still buy our debt. We are still the best choice out there. Some are thinking it could cause a “run” on the real estate market, but I think that’s a stretch.

The real estate market market is still chugging along, just like the little engine that could. Rates are still good, inventory is selling and prices are still bumping around the bottom. Remember, Hogs Get Slaughtered-but Pigs Get Fat. If you find a house you like, don’t wait for the price to come down, make an offer with your price reduction in mind. The worst that can happen is you’ll purchase a house that you love.

Buffalo Grove Buyers- Take Advantage of Tax Credits

Home Buyer Tax Credit Extended and Expanded

Don’t Let Time Pass You By, When Rates Go Up, and They Will, It Will Cost You More to Buy a

Home Buyer Tax Credit 2009-2010

To find out more information you can visit this informative Tax Credit Information site published by the National Association of Home Builders. It covers the credit for both existing homes and new homes in a very clear and concise manner.

Call or Email Me for More Information