Posts

Market Update for the Week of May 7, 2018

Info That Hits Us Where We Live Heading north for the second month in a row, Pending Home Sales posted a 0.4% gain in March. Tight inventories in many markets kept this measure of contracts signed on existing homes down from a year ago. Are homes really less affordable? The latest First American Real House […]

Market Update For the Week of April 30, 2018

Info That Hits Us Where We Live The first good news was that Existing Home Sales rose 1.1% in March to a 5.60 million annual rate. Yeah, they were down a tick from March 2017, but that month had the second highest sales pace last year. Then, March New Home Sales also surprised to the upside, […]

April 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 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!
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

Thanks to Jim and his team we landed our dream home!

Jim helped us purchase our first home and was so helpful. Being first time homebuyers we had no idea how the process worked. But Jim explained every step thoroughly and spent his time to make sure we understood everything. Regardless of how many questions we asked or how long it took, he always made sure everything was clear. He was a great support but never pressured us into any decisions. We are very grateful for him and all of the knowledge he provided. He made this process much easier than I expected. Thanks to Jim and his team we landed our dream home!
Leticia S.