Bob Reilley
June 2019
Buying or Selling? I can save you Time and Money

Daily News And Advice
Today's Feature Stories

Why Social Media Should Be Your Best Friend When House Hunting

Social media can get a bad rap, but when it comes to buying a home, it can be useful in some unexpected ways. If you’re in the market, consider how sites like Nextdoor, Facebook, Instagram, and Twitter can help you make the best decision.


How to Upsize Your Home When Growing Your Home Business

There’s more to upsizing for a home-based business than square footage and storage space. The house you select must be a productive workspace for you and anyone else who’s involved in your business. That means looking inside - inside your home and inside yourself to determine how best to organize and utilize the available workspace. This will be your office, your creative environment; a place to meet with customers and show that your business is a truly well-conceived venture. Do what you can to prepare your business ahead of the move, then when looking for prospective homes, take care to examine each room to determine where you might set up your workspace, the headquarters of your business.


Why Are Rates Still So Low?

The Unemployment Rate is released on the first business Friday of each month. And that rate has been holding rather steady. Initial jobless claim data, those that are filing for unemployment compensation, is released each Thursday. The report released just this past Thursday showed that unemployment claims hit a 50-year low. These claims dropped by about 5,000 to 192,000. The previous week’s report showed these claims hit a 49 ½ year low.


One Story or Two Story? The Advantages—and Disadvantages—of Each.

Do you dream of a rambling ranch home? Perhaps the two-story place you grew up in is serving as inspiration for your home search. There are some homebuyers who insist they want a one-story home and those who wouldn’t dream of buying something without stairs.


The Refi Boom Goes Bombastic

This was supposed to be the time when mortgage rates were climbing over five percent. All anyone was talking about going into 2019 was how the higher rates were going to put a wrench in the market. And now, halfway through the year, rates have dropped to a two-year low and, not surprisingly, refinances are soaring.

“Mortgage applications surged an impressive 26.8% WoW—the largest jump since Jan 2015—led by a massive spike in refis as mortgage rates tumbled alongside FULL STORY->

Advise and Consent: Business Advisors in the Real Estate Industry

If the real estate industry is more than a series of transactions, if it is more than the signing of contracts and the consummation of deals, if it is more than the art of even the biggest deal, replete with speeches and groundbreaking ceremonies, if it is more about building relationships than constructing some generic-style building, then it must be a business of advice. A business of counsel. A business of analysis. A business of advisors, by advisors, for the good of all FULL STORY->

How Essential Oils Can Help You Sell Your Home

When a potential buyer for your home comes to look at it, you will need to make sure that it smells good. The smell of the home can be a deciding factor for those wanting to purchase a home. If there are bad odors in the home, potential homeowners may be swayed away from purchasing the home. You want to make sure that you remove smells of home appliances, clothing, pets, smoke, mold, and cooked food. A homeowner should immediately address the cause of the odors and rectify the FULL STORY->

4 Steps for Finding the Perfect Home

Moving is one of the most stressful things that you will need to do. It puts pressure on you, your spouse, and your children as you all try to find something that fits with each person’s expectations. You also have to consider the location of the new home, the size of the home, the size of the outdoor area, and the quality of the neighborhood. With all of these things that you need to consider, sometimes finding a house can seem like it’s impossible. The good news is FULL STORY->

Top Tips for Repatriation

While some expats find their forever home in a new country, many will repatriate after a period of time. This might be due to the ending of a work assignment, to raise children closer to other family members, or simply because it feels that the adventure is coming to a natural end.

Whether you were hoping to stay or glad to leave, it’s important to try and make repatriation to your point of origin as painless as it can be. With that in mind, here are a few things to consider FULL STORY->

Mortgage Rates
Averages as of June 2019:

30 yr. fixed: 4.06%
15 yr. fixed: 3.51%
5/1 yr. adj: 3.68%

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Bob Reilley,Real Estate Broker CREA
Cell: 630-533-0011

800 Lee St
Des Plaines Il.60016

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