Real Estate Information Archive


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Homeownership: Still the American Dream!

by Denise D'Amico

According to recent studies, 9 in 10 American's think home ownership is an important part of the American Dream. In this video, learn other important facts and relevant information about our recovering real estate market. 

National Housing Report For July 2013

by Denise D'Amico

National Housing Report for July 2013

The June RE/MAX Housing Report shows a 4.3% decrease in Closed Transactions over May, but a 4.1% increase over sales in June 2012. This makes June the 24th month in a row reporting higher sales than the same month in the previous year.

June 2013 marks the 17th month in a row that both home sales and prices have been higher than the same month last year. The median price of homes sold in June was $193,750, which is 12.6% higher than the median price last June. The RE/MAX Housing Report, a survey of MLS data in 52 metropolitan areas, also found that home sales in June were 4.1% greater than sales in June 2012. The housing recovery, which began in 2012, is continuing to produce significant increases in home prices and sales, while the number of homes for sale remains much lower than one year ago, 23.9% lower than June 2012.

“Summer sales are traditionally the strongest of the year, but this year we’re seeing sales at a double-digit pace above last summer. Even after the recession, interest in homeownership remains quite high. Low mortgage rates and attractive home prices are still creating opportunities with the best home affordability the market has seen in years.” Margaret Kelly, CEO of RE/MAX, LLC.

A low supply of homes results in higher prices, but also makes it difficult for anxious buyers looking for just the right house to call home. At the current sales rate, the number of months to clear the entire inventory is just 3.9, making this market more favorable to sellers. In the first quarter, over 800,000 homeowners regained positive equity, possibly feeling more confident to place their home on the market for sale, which should help the current low inventory environment.

If you or anyone you know is interested in learning more about the real estate market in Illinois, please give me a call today. With an increase in property values, now is a great time to buy or sell a home.



by Denise D'Amico





by Denise D'Amico
“It's what you learn after you know it all that counts.” - John Wooden
“Minds are like parachutes. They only function when they are open.” - James Dewar
“Any fool can criticize, condemn and complain and most fools do.” - Benjamin Franklin
“People who think they know everything are a great annoyance to those of us who do.” - Isaac Asimov
“The best way to appreciate your job is to imagine yourself without one.” - Oscar Wilde
“The road to success is always under construction.” - Lily Tomlin
“Those who believe they can do something and those who believe they can't are both right.” - Henry Ford
“Learn the rules so you know how to break them properly.” - Dalai Lama 
Take control of your life and charge towards your dreams!
Denise D'Amico


by Denise D'Amico
The results are in and once again,
no one outsells RE/MAX!
When you're ready to buy or sell,
choose #1...
Denise D'Amico and RE/MAX!


Displaying blog entries 1-5 of 5