General

Feb 5 2024

Inside Lending | Market Snapshot for the Week of February 5, 2024

    QUOTE OF THE WEEK “The chief function of the body is to carry the brain around.”—Thomas A. Edison, American inventor and businessman   NATIONAL MARKET UPDATE   Spending on residential construction in December went up 1.4% from November, with spending on single-family homes up a solid 1.6%. Spending is up 9.9% on single-families …

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Jan 29 2024

#MotivationMonday

#MotivationMonday

Jan 29 2024

Inside Lending | Market Snapshot for the Week of January 29, 2024

    QUOTE OF THE WEEK “Doing nothing is very hard to do…you never know when you’re finished.”—Leslie Nielsen, Canadian-American actor and comedian   NATIONAL MARKET UPDATE   Sales of new homes finished 2023 up 8.0% in December, 4.2% ahead of 2022, their first yearly gain since 2020. Good news for buyers, the median price …

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Jan 22 2024

Inside Lending | Market Snapshot for the Week of January 22, 2024

  QUOTE OF THE WEEK “I’m not always right, but I’m never wrong.”—Garfield, comic strip cat created by Jim Davis   NATIONAL MARKET UPDATE   Housing Starts were up a solid 7.6% compared to a year ago despite being off a bit during holiday-shortened December. The past year, single-family starts are up a very strong 15.8%, …

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Jan 15 2024

Inside Lending | Market Snapshot for the Week of January 15, 2024

    QUOTE OF THE WEEK “If you can’t fly, then run. If you can’t run, then walk. If you can’t walk, then crawl, but whatever you do, you have to keep moving.” — Dr. Martin Luther King, Jr.   NATIONAL MARKET UPDATE   The Mortgage Bankers Association reports demand for purchase loans was up …

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Jan 8 2024

Inside Lending | Market Snapshot for the Week of January 8, 2024

    QUOTE OF THE WEEK “The only normal people are the ones you don’t know very well.”—Alfred Adler, Austrian medical doctor and psychotherapist   NATIONAL MARKET UPDATE   Spending on residential construction in November grew a solid 1.1% above October, and 3.7% ahead of last year. Best of all, the emphasis was on single-family …

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Dec 18 2023

#MotivationMonday

#MotivationMonday

Dec 11 2023

Good News for Real Estate | Inside Lending for the Week of December 11, 2023

Keep Reading…

Dec 11 2023

#MotivationMonday

#MotivationMonday

Dec 8 2023

Chicago Housing Video | November 2023

Here’s your monthly Chicago Housing Stats video, courtesy of The Jim Passi Team at Alameda Mortgage Corp. For all of your home financing needs in Illinois, Wisconsin, Michigan, Indiana, Georgia, Tennessee, or Florida, call The Jim Passi Team today at 847-899-1813! Visit our social media pages for more informational tools!
Jim Passi - Citiwide Home Loans

Jim Passi
Regional Manager
NMLS# 158000

1121 E. Main Street, Suite 121
St. Charles, IL 60174
Mobile: 847-899-1813
Email: jim.passi@alamedamortgage.com

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Fraces R. Testimonial

I just wanted to thank you for making my home loan experience a very easy process. It was my first time making a purchase on a home, and you took the time and patience to guide me every step of the way. You always returned every phone call promptly and addressed all my concerns. I will highly recommend you and your team of experts at Citywide to friends and family.

Fraces R.