"Stevie D." ReMax Buying or Selling.... Our Real Estate Market is Heating Up !

2014 Real Estate Preview :

 Assuming that interest rates remain low, I think that is fair to say that buyers will be active in the 2014 market. As a result, home prices will continue to rise. The biggest variable will be inventory levels. Based on current trends and our cold Winter chill, we will begin 2014 with inventory between 5% and 10% less  than we began in 2013. With more new construction and existing home sellers proving confident in a stable upswing in pricing, there is a chance that we will see a promising selection of homes offered for sale in 2014.  If so, we could see a very active spring market with slightly higher inventories, that should prove to be a continued strength in our local housing market.  Should inventories not keep pace with demand, we could see a repeat of the buyer frenzy of Spring 2013. 

Call "Stevie D." Your ReMax Real Estate Specialist : (630) 479-9479

 Free Homes and Property Finder at : www.HomesByStevieD.com

How To Get The Best Possible Deal When Buying Real Estate

How To Get The Best Possible Deal When Buying Real Estate

No one wants to pay more than they have to for Real Estate. After all, investment potential is one of the greatest benefits of home ownership. You want your home to go up in value while you own it. The less you pay for your home, the more you stand to earn from it. Here are a few tips for getting the best possible deal on your home.

1. Buy at the right time. You find better Real Estate prices during certain times of the year and market conditions. For example, in a slow Real Estate market, sellers are usually more willing to negotiate to sell their home. Likewise, pay attention to the climate of a region. If you want to buy a home in the south, look during the middle of the summer when the hot, humid weather keeps buyers away. The same is true for our winters here in the Chicago area.
2. Hire an Experienced Real Estate agent.  A Real Estate agent is usually the simplest way to find a great deal.  Agents have access to thousands of homes for sale. They know the home values of the area where they work.  Real Estate agents are also trained to negotiate with sellers. All this goes a long way toward finding you the best possible Real Estate deal.
3. Have your credit in order for best loan rates. The better your credit score, the better your loan terms will be. This translates into lower, more affordable payments. If your bank pre-approves your loan, you have even more bargaining power with the seller and may get a better price or sale terms.
4. Look at more than just the price. Just because a home has an attractive sale price doesn’t automatically make it a good deal. Major repairs can easily add up and cost you more in the long run. A slightly higher priced home in pristine condition is often a better value than one in need of some work.

Now is a fantastic time to get the Real Estate of your dreams at a great price. Let me help you find your next home.

Call “Stevie D.” Your ReMax Real Estate Specialist 

Direct at : (630) 479-9479   Or  E’mail me at :  stevied@remax.net

Visit My Web at : http://www.HomesByStevieD.com

ReMax Homes For Sale Barrington Schaumburg Roselle and NorthWest Suburbs

ReMax Free Property Finder Homes For Sale

• FREE PROPERTY HOME FINDER

  FREE PROPERTY HOME FINDER AT: WWW.HOMESBYSTEVIED.COM
  
         
             WWW.HOMESBYSTEVIED.COM"Stevie D." ReMax Real Estate Services: Homes* Buying * Selling * Investing * Relocation * Residential * Commercial * Call (630) 479-9479
  
  FREE PROPERTY HOME FINDER AT:  WWW.HOMESBYSTEVIED.COM

ReMax Free Property Finder Homes For Sale

• FREE PROPERTY HOME FINDER

  FREE PROPERTY HOME FINDER AT: WWW.HOMESBYSTEVIED.COM
  
           
             WWW.HOMESBYSTEVIED.COM
  "Stevie D." ReMax Real Estate Services: Homes* Buying * Selling * Investing * Relocation * Residential * Commercial * Call (630) 479-9479
  
  FREE PROPERTY HOME FINDER AT:  WWW.HOMESBYSTEVIED.COM

Homeowner Investments to Boost Economy in 2013

    Homeowner Investments to Boost Economy in 2013

After a downturn in spending on home renovations, homeowners across North America have once again been bitten by the renovation bug. And this bodes well for the economy as a whole in 2013.
Residential investment – including construction and remodeling – is expected to add almost three-tenths of a percent to the U.S. gross domestic product (GDP) in 2013. And, according to the Joint Center for Housing Studies at Harvard University, Americans will likely spend upward of $134 billion by June 2013, up from $115 billion recorded in September 2012. The peak of renovation activity across the U.S. occurred in 2007, when it was 8% higher than that predicted for 2013.
However, even more telling is the impact the entire housing sector has on the economy as a whole. Studies indicate a robust housing industry boosts consumer spending – and consumer expenditures constitute two-thirds of the U.S. economy.
In fact, reports suggest that U.S. consumers are beginning to feel positive again. This is reflected in increases not only in remodeling projects, but also in the purchase of investment furniture.
Homeowners are also looking for changes to their homes that will make their lives easier. Busy families may consider adding a deck, but they’ll likely be looking for low-maintenance decking; some will replace traditional lawns with easy-to-maintain grasses or ground covers.
Many homeowners have downsized to smaller houses where storage is at a premium, so renovations to improve storage capacity will become increasingly popular. Part of this trend is a move toward multifunctional rooms and renovations that can be considered investments in the future.
While aging at home may not yet be a concern to boomer homeowners, most have seen their parents renovate to enable them to continue to live at home. This type of renovation has a future and will grow significantly in the next few years.
  
   Call "Stevie D." at ReMax  630 - 479 - 9479 for All of Your Real Estate needs.

Over 50% of Americans Expect Home Prices to Climb

Fannie: Over 50% of Americans Expect Home Prices to Climb, First Time in Survey's History

More than half of Americans now expect the country's home prices to climb within the next year, illustrating a growing optimism toward the health of the housing industry, according to new data by mortgage-finance company Fannie Mae (FNMA).

"For the first time in the survey's three-year history, the majority of Americans surveyed now expect home prices to increase," said Doug Duncan, senior vice president and chief economist at Fannie Mae. "Crossing the 50% threshold marks a significant milestone as most Americans believe a housing recovery is truly occurring throughout the country."

The share of respondents polled in Fannie's April housing survey who expect home prices to go up rose three percentage points in April to 51%. At the same time last year, only 32% expected an increase in home prices.

The share of respondents who say now is a good time to sell climbed four percentage points in April to 30% compared with 15% at the same time last year.

According to the survey's results, the average 12-month home-price-change expectation held steady at 2.7%. The share of respondents who say mortgage rates will go up fell three percentage points to 43%, while those who say they will go down increased slightly to 7%.

The share of respondents who say the economy is on the right track increased four percentage points over March to 39%.

Fannie's national housing survey polled 1,001 Americans via live telephone interview to assess their attitudes toward owning and renting a home, home and rental price changes, homeownership distress, the economy, household finances, and overall consumer confidence.
                        For All of Your Real Estate Needs Contact : 
                            "Stevie D." : 630 ~ 479 ~ 9479