December becomes first month to feel impact of rising interest rates Affordability dips, still well below housing boom by Kelsey Ramírez

Affordability dropped in December after the market finally felt the increasing mortgage rates for the first full month, according to First American Financial Corp., a provider of title insurance, settlement services and risk solutions for real estate transactions. First American’s Real House Price Index rose 6.2% from November to December and 8% from December 2015. The … More December becomes first month to feel impact of rising interest rates Affordability dips, still well below housing boom by Kelsey Ramírez

Sales Rise Despite Market Headwinds by

New home sales ticked up to a seasonally adjusted annual rate of 555,000 in January, promising a better year for the housing market despite increasing mortgage-interest rates and a slack in housing inventory. The Census Bureau released its findings jointly with HUD on Friday. The numbers represent a 5.5-percent hike from those seen in the … More Sales Rise Despite Market Headwinds by

NEW 5 STAR REVIEW!!

“Beth represented me as a buyer in a Chicago loan closing that was a tough deal to get done. Although I live out of state, she ensured everything was done right, via phone and email correspondence. I highly recommend her because she is a very aggressive, knowledgeable lawyer, who is prompt, and always ahead of deadline … More NEW 5 STAR REVIEW!!

New Construction Keeps Chugging Along, Especially in the Suburbs by Clare Trapasso

Buyers hoping to move into a house of their own should take heart: More newly constructed single-family homes are on the way. Permits to build new homes, an indication of future construction, fell by just 0.2% in December from a month earlier, according to the seasonally adjusted numbers in the U.S. Census Bureau and U.S. … More New Construction Keeps Chugging Along, Especially in the Suburbs by Clare Trapasso

NEW 5 STAR REVIEW!

If you’re searching for an attorney in the southwest suburbs to handle your real estate transaction, Beth Mann and her team have you covered. She and Samantha did a fine job for me on a residential real estate closing. Her fee is very …MoreIf you’re searching for an attorney in the southwest suburbs to handle … More NEW 5 STAR REVIEW!

Real Estate Crowdfunding: 3 Trends to Watch in 2017 by Nav Athwal , Contributor FORBES

Real estate crowdfunding continues to be a dynamic and ever-evolving industry, growing to an estimated $3.5 billion in 2016.  By 2025, the crowdfunding industry as a whole is anticipated to be valued at more than 300 billion and online real estate marketplaces are primed to capitalize on that explosive growth. As we look ahead to the … More Real Estate Crowdfunding: 3 Trends to Watch in 2017 by Nav Athwal , Contributor FORBES

NEW 5 STAR REVIEW!

“I needed a real estate attorney ASAP and I didn’t have time to get referrals from friends or family. So what did I do?? I did what any other person with a smart phone would do…GOOGLE!! I came across THE LAW OFFICE OF BETH MANN. I noticed that she had good ratings…although I was still … More NEW 5 STAR REVIEW!

Article from CNNmoney – a different perspective

A troublesome signal just appeared in the housing market and could put taxpayers at risk. Federal Housing Administration mortgage delinquencies jumped in the fourth quarter for the first time since 2006, the Mortgage Bankers Association reported Wednesday. The FHA insures low down-payment loans and is a favorite among first-time homebuyers. The seasonally adjusted FHA delinquency … More Article from CNNmoney – a different perspective

Transforming the Tenant by John Buerkert

(Editor’s Note: This select print feature originally appeared in the February 2017 issue of DS News.) Delinquencies and foreclosures may have dropped to pre-crisis levels, but the mortgage debacle is far from over. Many mortgage lenders and servicers continue to sit on large numbers of real estate owned (REO) and foreclosed properties. Making matters worse, … More Transforming the Tenant by John Buerkert