Posts

Market Update For the Week of April 23, 2018

Housing Starts were up 1.9% in March, at a 1.319 million annual rate. Yes, the gain was all from the volatile multi-family sector, but single-family starts are up 5.2% the past year and keep driving trend growth.

Costs to Consider Before Purchasing a Home

Buying a home? In addition to the new 2018 tax laws, these other financial considerations could affect your total cost.

Market Update For the Week of April 16, 2018

Fannie Mae's latest Home Purchase Sentiment Index reports more people say now is a good time to buy--and more also say now is a good time to sell. Happy Spring!

How Does the New 2018 Tax Law Affect Homeowners?

Do you own a home? New tax laws are being implemented for 2018. See how these new laws may affect you.

Market Update For the Week of April 9, 2018

Info That Hits Us Where We Live Black Knight reports tappable equity hit $5.4 trillion in February, 10% higher than its 2005 all-time high. This is the amount a homeowner can borrow against before reaching an 80% loan-to-value ratio. First mortgage balances climbed to $8.8 billion, close to their pre-recession peak. But the report’s economist […]

Market Update For the Week of April 2, 2018

Info That Hits Us Where We Live The spring buying season started off nicely, as Pending Home Sales reversed course and went up 3.1% in February. This measure of contracts on existing homes indicates more closed sales ahead. The National Association of Realtors (NAR) chief economist noted, “the expanding economy and healthy job market are […]

March Chicago Metro Housing Stats

Here’s your monthly Chicago Metro housing stats video. Please feel free to share. And think of us with any client financing needs!

Market Update For the Week of March 26, 2018

Info That Hits Us Where We Live After heading down two months in a row, Existing Home Sales flew back up in February, increasing 3.3%, to a 5.54 million annual rate. Demand remains strong: 46% of homes sold in less than a month. New Home Sales were flat in February, off just 0.6%, to a 618,000 […]

4 Questions to Boost Your Success This Year

For your most successful year ever, ask yourself the following four questions.

Market Update For the Week of March 19, 2018

Info That Hits Us Where We Live After a spectacular January, Housing Starts took a break in February, dipping 7.0%, to a 1.236 million annual rate, all due to multi-families. Starts are still close to a post-recession high, single-family starts up 2.9% for the month and 2.9% for the year. Building Permits also fell for the […]
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

Email Me

A testimonial comment for Jim

A testimonial comment for Jim Passi, Great with numbers-always remained in complete contact with me-even when I was undecided on buying a new home/condo. Jim checked in on me every week to see how things were going with my new home search. Jim I highly recommend as a loan officer. As of today I am very completely satisfied on my new home- so I like to give a shout out to those that our looking to buy a new home-as to say, Jim’s your guy.

Sincerely

Ken S.

Ken S.