Monthly Archives: April 2013

Rates Thursday

Guaranteed Rate is offering a 30 Year Fixed mortgage rate of 3.500%. Compared to 3.625% offered by BMO Harris and US Bank, Guaranteed Rate is still your best bet!

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MLS Monday

New listings in DuPage have taken a slight downturn this month compared to last year. According to an MLS local market update, there have been over 18% changes in closed sales in DuPage County, signaling that inventory is low.

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Rates Thursday

Mortgage rates are consistent for a 30 Year APR for 3.500%.

 

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MLS Monday

March contracts in Elmhurst have been rising steadily since 2011. Overall, 79 houses in Elmhurst are under contract in comparison to 61 last year. Keep selling!

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Rates Thursday

This week, Guaranteed Rate is offering a 30 Year Fixed Mortgage Rate of 3.500% and a 15 Year Fixed Mortgage Rate of 2.875%.

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MLS Monday

This past year in Elmhurst, there were overall 912 new listings, a drop of almost 10%.  Now is the time to get more listings!

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Saturday Catch Up: Home Deals

Via the KCM blog, a map of homes that are on-sale in the USA-area. Note that Chicago is down 30% from 2007 prices. Share with your clients and followers!

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Rates Thursday

Guaranteed Rate is offering a 30 Year Fixed Mortgage Rate at 3.625%. A 15 Year Fixed is also being offered at 2.875%. Rates are consistent for now. According to the KCM Blog, rates will rise significantly towards the end of this year.

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MLS Monday

The average market time for Elmhurst detached single-family homes has lowered from 155 days to 133 days. Elmhurst detached single-family homes are selling fast. Attached-single family homes have risen in market time from 254 days to 261 days. If looking to sell, remember to consider LW Reedy Real Estate.

 

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