Monthly Archives: December 2018
Chicago River North Real Estate Remains Front Runner
November 2018 Statistics Still Show a Sellers Market in River North Chicago Recently, realtor.com issued a nationwide housing report predicting a “tougher road ahead for home buyers and sellers in 2019.” The report states that price growth will continue to slow, housing inventory will have a modest seven percent increase, and it does not “expect... Read More
FHFA Increases Loan Limits for 2019 And That’s Good News for Buyers
“You can now buy a home for $510,000 with as little as 5% down.” ~ Anthony J. Marinaccio, SVP, Key Mortgage Services HOUSINGWIRE recently reported that Fannie Mae and Freddie Mac conforming loan limits will increase in nearly every part of the United States.** This 6.9% increase is the first in a decade. Marinaccio says... Read More
What Buyers Should Know About Fannie Mae Homepath
Q: This home is Fannie Mae Homepath…what does that mean for a buyer? A: The Fannie Mae Homepath property means that this foreclosed property is now owned and being sold through the Fannie Mae Homepath program. The plus side to this is that these programs usually have special benefits for buyers with often times lower... Read More