HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Illinois Home Sales Pick Up in August but Home Prices Still Fall
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Illinois Home Sales Pick Up in August but Home Prices Still Fall
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Illinois Home Sales Pick Up in August but Home Prices Still Fall

October 1, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condominiums picked back up in August following July’s sales decline according to the latest data from the Illinois Association of REALTORS® (IAR) but home prices continued to fall on both a monthly and yearly basis.

An estimated total of 13,264 existing homes and condos were sold in the Land of Lincoln in August. Home sales were 7.0 percent higher than the 12,392 homes sold in July and were 23.7 percent higher than the 10,721 homes sold in August 2011.

The median sales price for an existing home in Illinois fell 0.7 percent to $147,000 from $148,000 in July. In August of last year, the median sales price in the state was $148,000. It was the second consecutive month that home prices have fallen in the state and was preceded by two consecutive months of increases. Prior to that, home prices had declined for 23 consecutive months.

Loretta Alonzo, president of the Illinois Association of REALTORS®, stated, “We continue to see strong sales despite uncertainty about the economy. The data speak to pricing levels that continue to bring in homebuyers who are eager to take advantage of interest rates that haven’t budged much from already historically low levels.”

Fifty-nine of the 101 counties that reported data posted higher home sales than a year ago, three less than the previous month, while 41 of the counties posted an increase in their annual median sales price, down from 50 the previous month.

In the nine-county Chicago Metropolitan Statistical Area (MSA), sales of existing homes and condos totaled 9,240 in August, up 8.1 percent from 8,551 homes sold in July and up 28.5 percent from the 7,188 homes sold in August of 2011.

The median sales price for a home in the Chicago MSA was $170,000 in August, down 1.2 percent from a median price of $172,000 in July and down 3.8 percent compared to August of last year when the median sales price was $176,750. It was the second consecutive month that home prices have fallen in the Chicago area and was preceded by two consecutive months of increases. Prior to that, home prices had declined for 49 consecutive months.

Tags: Illinois real estate, existing homes, condos, sales, median home prices, Illinois

Source:
Illinois Association of REALTORS®

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

October 1, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condominiums picked back up in August following July’s sales decline according to the latest data from the Illinois Association of REALTORS® (IAR) but home prices continued to fall on both a monthly and yearly basis.

An estimated total of 13,264 existing homes and condos were sold in the Land of Lincoln in August. Home sales were 7.0 percent higher than the 12,392 homes sold in July and were 23.7 percent higher than the 10,721 homes sold in August 2011.

The median sales price for an existing home in Illinois fell 0.7 percent to $147,000 from $148,000 in July. In August of last year, the median sales price in the state was $148,000. It was the second consecutive month that home prices have fallen in the state and was preceded by two consecutive months of increases. Prior to that, home prices had declined for 23 consecutive months.

Loretta Alonzo, president of the Illinois Association of REALTORS®, stated, “We continue to see strong sales despite uncertainty about the economy. The data speak to pricing levels that continue to bring in homebuyers who are eager to take advantage of interest rates that haven’t budged much from already historically low levels.”

Fifty-nine of the 101 counties that reported data posted higher home sales than a year ago, three less than the previous month, while 41 of the counties posted an increase in their annual median sales price, down from 50 the previous month.

In the nine-county Chicago Metropolitan Statistical Area (MSA), sales of existing homes and condos totaled 9,240 in August, up 8.1 percent from 8,551 homes sold in July and up 28.5 percent from the 7,188 homes sold in August of 2011.

The median sales price for a home in the Chicago MSA was $170,000 in August, down 1.2 percent from a median price of $172,000 in July and down 3.8 percent compared to August of last year when the median sales price was $176,750. It was the second consecutive month that home prices have fallen in the Chicago area and was preceded by two consecutive months of increases. Prior to that, home prices had declined for 49 consecutive months.

Tags: Illinois real estate, existing homes, condos, sales, median home prices, Illinois

Source:
Illinois Association of REALTORS®

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

October 1, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condominiums picked back up in August following July’s sales decline according to the latest data from the Illinois Association of REALTORS® (IAR) but home prices continued to fall on both a monthly and yearly basis.

An estimated total of 13,264 existing homes and condos were sold in the Land of Lincoln in August. Home sales were 7.0 percent higher than the 12,392 homes sold in July and were 23.7 percent higher than the 10,721 homes sold in August 2011.

The median sales price for an existing home in Illinois fell 0.7 percent to $147,000 from $148,000 in July. In August of last year, the median sales price in the state was $148,000. It was the second consecutive month that home prices have fallen in the state and was preceded by two consecutive months of increases. Prior to that, home prices had declined for 23 consecutive months.

Loretta Alonzo, president of the Illinois Association of REALTORS®, stated, “We continue to see strong sales despite uncertainty about the economy. The data speak to pricing levels that continue to bring in homebuyers who are eager to take advantage of interest rates that haven’t budged much from already historically low levels.”

Fifty-nine of the 101 counties that reported data posted higher home sales than a year ago, three less than the previous month, while 41 of the counties posted an increase in their annual median sales price, down from 50 the previous month.

In the nine-county Chicago Metropolitan Statistical Area (MSA), sales of existing homes and condos totaled 9,240 in August, up 8.1 percent from 8,551 homes sold in July and up 28.5 percent from the 7,188 homes sold in August of 2011.

The median sales price for a home in the Chicago MSA was $170,000 in August, down 1.2 percent from a median price of $172,000 in July and down 3.8 percent compared to August of last year when the median sales price was $176,750. It was the second consecutive month that home prices have fallen in the Chicago area and was preceded by two consecutive months of increases. Prior to that, home prices had declined for 49 consecutive months.

Tags: Illinois real estate, existing homes, condos, sales, median home prices, Illinois

Source:
Illinois Association of REALTORS®

THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makes it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS