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January 2018

 

Consumers Expect Rising Home Prices, Optimistic about Selling

The Fannie Mae Home Purchase Sentiment Index® neared an all-time high in November to 87.8. Nearly 21 percent more survey takers think it’s a good time to sell, compared to last year-over-year. And more respondents think home prices will go up in the next 12 months, and are better about job security.  To read more results in the survey, please click here.

 

Chicagoland Among Top Cities in Home Ownership vs. Renting  

In a new study from the Urban Institute’s Housing Finance Policy Center, the Chicagoland metro area is the #3 city in which home owners could potentially save more money than if they were to rent. According to the study, a buyer with a median-income that purchases a median-priced home in the Chicagoland area with a 3.5 percent down payment, could save nearly 5.6 percent of their income by buying instead of renting.

 

Berkshire Hathaway HomeServices KoenigRubloff Realty Group’s Company-Wide 2017 Toys for Tots Collection Surpasses 2,500 Toys

Berkshire Hathaway HomeServices KoenigRubloff Realty Group’s offices received more than 2,500 toys during their annual Toys For Tots drive! Each of twenty office locations throughout Chicago and the suburbs served as drop off points in their respective communities during the month-long drive. The U.S. Marine Corp. Reserve Toys for Tots Foundation collects new, unwrapped toys each year, and delivers them to less fortunate children in the community.

 
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Pantone’s 2018 Color of the Year

Pantone has announced Ultra Violet as their 2018 color of the year. The rich, purple hue is meant to evoke a feeling of intrigue, complexity, and contemplativeness. They suggest that the color would work best in spaces meant for gathering or meditation, to foster connectivity. Pantone releases their color of the year with the intent to provide guidance in design trends. To read more about the color, please click here.

 

Keeping Your Home Festive Post-Holiday

As 2018 rolls in but the winter months stay, DIY Network has 10 post-holiday winter decorating ideas! These include adding Arctic animals to your décor, utilizing wall mirrors to add light to a room, using diffusers to add summertime scents to a home, and switching your lightbulbs to emit blue or white light in order to mimic sunlight. To read all of the suggestions, please click here.

 

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George & Katrina de los Reyes
Real Estate Brokers
GKChicago@KoenigRubloff.com
Office (847) 512-2725
GKChicago.com
 
 
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