by Darlene Little  

In a time when there seems to be so much negativity surrounding the realm of real estate, it’s time to start focusing on the positive.

National media reports rarely reflect the actual activity in Chicago’s downtown and other urban residential areas.  Despite the jaundiced reports we are hearing lately regarding the market, home ownership is down only 1.2% from its record high in 2004 of 69.3%. 

Right now, mortgage rates are especially attractive by historical standards.  At 6.5%, these low rates are driving business.  When priced properly, properties are selling.  For buyers in particular, favorable property pricing and good interest rates represent real value and create exceptional opportunities for the smart investor.  If you are looking to buy and have 5% or more on a down payment, NOW is a great time to buy.

At Rubloff, we can guide you through each step of buying or selling your home, from alpha to omega.  Rubloff is teamed with Wells Fargo Home Mortgage to offer you the most competitive rates and programs available.  We have an onsite expert at each of our office locations and usually can approve your application in less than 30 minutes.

If you have any questions regarding interest rates, the market, or real estate in general, please do not hesitate to call or email me.  I would be more than happy to counsel with you.