What do rising house prices mean to a buyer?

Housing inventory remains low, and buyer demand is beginning to rise.  A diminished supply will lead to increasing home prices.  Thinking of buying?  You may want to purchase sooner than later!

Thinking of buying home?

Here are some reasons why you shouldn't wait any longer...

Click here for the KCM article

7592 Bittersweet Drive GURNEE, IL 60031

Property Site: http://tour.illinoisproperty.com/home/AJAFKM

SET AMIDST TOWERING TREES THIS BITTERSWEET HOME ENJOYS A NATURE-FOCUSED LOCATION. BONUS ROOM OFF KITCHEN AFFORDS FLEXIBILITY OF USE. FAMILY RM W/MASONRY BRICK FIREPLACE & WET BAR. PRIVATE MASTER SUITE W/TRAVERTINE TILE BATH + AN OVER-SIZED WALK-IN CLOSET W/ORGANIZERS. DESIGNER LIGHT FIXTURES & CEILING FANS. FULL FINISHED BASEMENT WITH ATRIUM DOOR TO REAR YARD, FULL BATH, KITCHENETTE. SOLID WOOD DOORS & CLOSETS GALORE

Bedrooms: 5

Bathrooms: 5.00

Square feet: 3,322

Price: $550,000

For more information about this property, please contact The Terri & Kieron Team at 847-557-8528 or team@tkmomteam.com. You can also text 2574742 to 67299.

See more listings at: lakecountyteam.com

MLS ID: 08842352

Sometimes, getting back to "normal" is a good thing...

They forgot to draw the Brady Bunch house...

Ever wondered what the floorplans of some of television's most popular shows would look like?  Me neither.  Until I started looking through the fabulously drawn, and impeccably detailed floorplans below.  I didn't watch all of these shows, however the ones that I did, I could so easily visualize the rooms, as if I were looking at the TV screen.  After looking through these, I still don't know how Monica and Rachel afforded the space they had in New York...

Click on floorplan below to see 13 awesome drawings

What is the true cost of waiting?

Economists, real estate experts and strategists are forecasting that 2015 may be the year of home appreciation.  What does that mean?  As a buyer - it means that your buying power may shrink.  As a seller - it may mean that your appeal to a buyer will be stronger earlier in the year, when the buyer can get more for their money.  Coupled with the prospect of higher interest rates on mortgages, and a buyer may be considerably impacted.  To see how much, click here.