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    Fannie Mae Extends Buyer Closing Cost Credit

    Fannie Mae has announced that it's 3.5% close cost credit - available in 27 states on "first look" REO properties - will be extended. Buyers must be under contract by April 30th and close by June 30th. Illinois is included in this list! Firs...

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    Who Are Today’s Buyers & Sellers?

    The National Association of Realtors recently released its 2012 Profile of Home Buyers & Sellers. Here are some highlights:  39% of buyers were first-time homeowners The age of the typical buyer was 42 90% of buyers used the intern...

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    Housing Inventory Down From 2011

    The spring has been one of the busiest & most frenetic housing markets I've seen, even going back to the boom years. And one of the reasons is the lack of quality inventory for sale. What does that mean for buyers? If you're purchasing a...

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    Economic Indicators – Is Our Market Recovering?

    Here are some very telling & interesting charts showing our country's economic status via several indicators. The most interesting is the GDP Growth - we've had 6 quarters of positive growth, which signals that we are not in a recession any...

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    The Property Photographer’s Art

    In follow up to yesterday's post about polishing your home before you's Wall Street Journal's article shares perspective from real estate photographers in Manhattan. Great points - this is exactly the kind of photographer you want ...

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    Country’s Richest Zip Codes

    Bloomberg Business Week released it's report of the country's richest zip codes, and on it, a few familiar Chicago area spots. Kenilworth (3), Lake Forest (13th) & Winnetka (14) all made the list. Also of note: Old Westbury, NY, site of my ...

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    All About Fair Housing

    Many don't realize that as Realtors, we are held to a very high standard of ethics. Part of this is our practice of fair housing. Did you know that your Realtor can't talk about most demographics in a neighborhood? The Civil Rights Act of 1...

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