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Spring Sales Start Off Strong in Illinois
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
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Spring Sales Start Off Strong in Illinois
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
Spring Sales Start Off Strong in Illinois

March 26, 2012 (Shirley Allen)

The spring selling season got off to a strong start in Illinois as monthly sales of existing homes and condominiums surged to their highest levels since 2008 while home prices also made a strong showing according to the latest data from the Illinois Association of REALTORS® (IAR).

An estimated total of 9,575 existing homes and condos were sold in the Land of Lincoln in March, the most sales for a March in four years. Home sales were 35.4 percent higher than the 7,067 homes sold in February and were 21.1 percent higher than the 7,904 homes sold in March 2011.

The median sales price for an existing home in Illinois increased 9.4 percent to $130,000 from $118,800 in February and was unchanged from March of last year, the first time since June of 2010 that the year-over-year price hasn’t declined.

Loretta Alonzo, president of the Illinois Association of REALTORS®, stated, “There’s no doubt that these are strong numbers to open the spring selling season. To see such good sales numbers, coupled with a measure of price stability is encouraging news no matter what side of a real estate transaction you happen to be on.”

In the nine-county Chicago Metropolitan Statistical Area (MSA), sales of existing homes and condos totaled 6,590 in March, up 34.9 percent from 4,884 homes sold in February and up 23.8 percent from 5,323 homes sold in March of 2011.

The median sales price for a home in the Chicago MSA was $151,850 in March, up 12.5 percent from a median price of $135,000 in February but still down 3.9 percent compared to March of last year when the median sales price was $158,000.

Tags: 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.
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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.
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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.
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March 26, 2012 (Shirley Allen)

The spring selling season got off to a strong start in Illinois as monthly sales of existing homes and condominiums surged to their highest levels since 2008 while home prices also made a strong showing according to the latest data from the Illinois Association of REALTORS® (IAR).

An estimated total of 9,575 existing homes and condos were sold in the Land of Lincoln in March, the most sales for a March in four years. Home sales were 35.4 percent higher than the 7,067 homes sold in February and were 21.1 percent higher than the 7,904 homes sold in March 2011.

The median sales price for an existing home in Illinois increased 9.4 percent to $130,000 from $118,800 in February and was unchanged from March of last year, the first time since June of 2010 that the year-over-year price hasn’t declined.

Loretta Alonzo, president of the Illinois Association of REALTORS®, stated, “There’s no doubt that these are strong numbers to open the spring selling season. To see such good sales numbers, coupled with a measure of price stability is encouraging news no matter what side of a real estate transaction you happen to be on.”

In the nine-county Chicago Metropolitan Statistical Area (MSA), sales of existing homes and condos totaled 6,590 in March, up 34.9 percent from 4,884 homes sold in February and up 23.8 percent from 5,323 homes sold in March of 2011.

The median sales price for a home in the Chicago MSA was $151,850 in March, up 12.5 percent from a median price of $135,000 in February but still down 3.9 percent compared to March of last year when the median sales price was $158,000.

Tags: 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

March 26, 2012 (Shirley Allen)

The spring selling season got off to a strong start in Illinois as monthly sales of existing homes and condominiums surged to their highest levels since 2008 while home prices also made a strong showing according to the latest data from the Illinois Association of REALTORS® (IAR).

An estimated total of 9,575 existing homes and condos were sold in the Land of Lincoln in March, the most sales for a March in four years. Home sales were 35.4 percent higher than the 7,067 homes sold in February and were 21.1 percent higher than the 7,904 homes sold in March 2011.

The median sales price for an existing home in Illinois increased 9.4 percent to $130,000 from $118,800 in February and was unchanged from March of last year, the first time since June of 2010 that the year-over-year price hasn’t declined.

Loretta Alonzo, president of the Illinois Association of REALTORS®, stated, “There’s no doubt that these are strong numbers to open the spring selling season. To see such good sales numbers, coupled with a measure of price stability is encouraging news no matter what side of a real estate transaction you happen to be on.”

In the nine-county Chicago Metropolitan Statistical Area (MSA), sales of existing homes and condos totaled 6,590 in March, up 34.9 percent from 4,884 homes sold in February and up 23.8 percent from 5,323 homes sold in March of 2011.

The median sales price for a home in the Chicago MSA was $151,850 in March, up 12.5 percent from a median price of $135,000 in February but still down 3.9 percent compared to March of last year when the median sales price was $158,000.

Tags: 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