2011 Last Chance for Buyers!

Home prices continue to stabilize even though the banks seem to be tripping over themselves in dealing with this foreclosure mess we all seem to be in.  But the banks are going to navigate their way through this mess and the foreclosure pipeline will dwindle away.  Expect that to take some time.

My guess is that by the end of 2011, the banks will have their own homes in order and finally a bit of normalcy will hit our economy.  At that point, however, expect home prices to start to recover quickly.

So for those buyers sitting on the fence, this is probably the last year you’ll have to get a bargain basement deal on that house you’ve been looking at.

If you’re looking for some foreclosures at great prices you can email me at Support@illinoisrates and request to be added to our weekly newletter for new foreclosures that come on the market.  If you’d like to search the MLS yourself, simply click www.illinoisrates.com/mls.  No registration required.  Search as often as you like!

Call me when you’re ready to get your loan approved or to see how much you qualify for @ 1-800-325-0400 x 700.