Thought for the Weekend….

“What I do today is important because I am exchanging a day of my life for it.”                                                Hugh Mulligan

We continue to GROW!!

WEICHERT, REALTORS® – SUDLER INTERNATIONAL IS NEWEST CHICAGO AFFILIATE FOR EXPANDING BRAND CHICAGO, July 15, 2011–Sergio Martinucci, president/CEO and sole broker/owner of Sudler International Realty on Chicago’s north side, has announced that the company is now WEICHERT, REALTORS® – Sudler International, an independently owned and operated franchise with Weichert Real Estate Affiliates (WREA).  The announcement…

Details

Raising Debt Ceiling Critical for Real Estate

Raising Debt Ceiling Critical for Real Estate In a letter issued to President Obama and members of Congress, a diverse group of national business leaders, including Realogy CEO Richard A. Smith, called on lawmakers to raise the $14.3 trillion U.S. debt ceiling and commit to a deficit reduction plan. Experts have said that failing to…

Details

Single Women a Rising Force in the Housing Market

Single Women a Rising Force in the Housing Market Unmarried women continue to make up a growing segment of home buyers and are buying homes in record numbers: Last year, they composed 20 percent of all buyers last year, according to the National Association of REALTORS®. Single men accounted for 12 percent. The Joint Center…

Details

Mortgage Rates on the Rise

Mortgage Rates on the Rise After being mostly at a standstill the past month, long and short-term mortgage rates were moving up this week, reports Freddie Mac in its weekly mortgage market survey. “Mortgage rates followed Treasury yields higher over the holiday week but remain quite affordable by historical standards,” says Frank Nothaft, chief economist…

Details

Fastest Way to Sell a Home? Underprice By 10%

Fastest Way to Sell a Home? Underprice By 10% Home sellers probably won’t be too happy, but housing experts in an article at CNNMoney say that underpricing a home by 10 percent may help it sell faster. And while sellers may lose out on thousands from the sale, they likely will avoid months of carrying…

Details

Study: Real Estate Is at a ‘Historic Turning Point’

Study: Real Estate Is at a ‘Historic Turning Point’ Nearly two-thirds of economists and real estate experts recently polled say the U.S. housing market is at a historic turning point. More than half say they expect national home prices to reach bottom this year and remain stable — with a modest 2 percent average annual…

Details