3 Reasons to Consider Refinancing Your North Shore Real Estate!

Refinancing can oftentimes seem like an arduous task, full of questions and "What If" scenarios. Fortunately, as an experienced North Shore Realtor, I can assure you that most refinancing situations take only a few weeks and can offer lucrative benefits that homeowners will see for many years to come. Understanding your mortgage loan and then deciding whether or not refinancing may be right for you can hinge on several factors. Mortgage rates for North Shore real estate and beyond are expected to increase slightly in 2014, but even still are at historically low percentages. Some great reasons to consider refinancing include: 

1. Lower Your Interest Rate and Shorten Your Loan. Compare the current mortgage rate on your North Shore real estate with the low percentages being touted by lenders today. A lower interest rate is always worth looking into as it can save you money in the long-term on your overall loan. Additionally, if you've had your North Shore real estate for some time and have paid down a bit of the mortgage, it may be beneficial to explore what your monthly payments may be if you refinanced into a shorter-term loan. If the payments are easily doable, then you can have your loan paid off much faster AND save a load of money in interest!

2. Combine Current Mortgage Loans. If you have a home-equity loan in addition to your first mortgage, combining the two in an effort to lower your monthly payments and perhaps save money on interest is certainly worth looking into. Home equity lines of credit can vary tremendously in payment terms and loan rules, but getting a good handle on your mortgage loans is the first step of understanding your home and paying it off quickly. As a longtime North Shore Realtor, I am always here for past, present and future clients that may have loan questions. 

3. Cash-In Refinancing Can Lower Your Balance. This method allows homeowners to use cash to pre-pay their loan and qualify for a lower interest rate. Refinancing and pre-paying can help homeowners pay off their mortgage loan much faster. There are many options available to qualifying homeowners and, because interest rates are still extremely low, refinancing may be a great opportunity for those willing to do a little legwork! 

As always, I encourage those with questions to contact me for immediate attention. I am a North Shore Realtor that is fluent in the local community and the real estate and mortgage industries. Talk to me today and find out why Chicago's North Shore is right for you!

Janie Bress
Your North Shore Real Estate Expert

North Shore Real Estate
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Local Expert... with National Connections!

Locally or across the country, think of me as your national connection. I can help you with all your real estate needs anywhere in the United States.

3 Reasons to Team Up With a North Shore Realtor On YOUR Home Purchase!

As many potential buyers begin to contemplate a home purchase in 2014, it becomes essential to weigh your options and decide if this is something you want to seriously pursue in the new year. If so, teaming up with a reliable, knowledgable North Shore Realtor should be tops on your list of to-dos! While the majority of home searches are conducted online, in the comfort of your own home, there are still many important reasons as to why a real estate professional is imperative for exploring North Shore real estate. Whether you're searching on Chicago's North Shore for a hip high-rise development somewhere in the center of everything or you're more interested in finding a family home in a quiet, safe community, here are just a few ways I can help:

1. Better Access to Listings. Sure, you can surf nearly any nearby listing online, view photos, take visual tours and find out basic information - But very rarely will a homeowner or real estate professional allow you into the home to see it for yourself without a North Shore Realtor at your side. This, of course, is primarily due to safety reasons. However, real estate professionals work for YOU - They can find other homes that meet your strict criteria, make showing appointments at properties that strike your fancy and use their connections to discover what homes may not yet be on the market but are being readied for sale, so their clients can have first crack at them. They can also find out information about a property that might not be as readily available on the internet and call the listing agents to discuss concerns or issues on your behalf. 

2.  Contract Handling and Negotiating. Some might go so far as to say that there is an art form to the many contracts that come with real estate buying and selling. It is essential to keep these documents organized and kept safely, and a real estate professional does just that. Additionally, they negotiate the purchase on your behalf - Anything from price to things that may have come to light during a home inspection. Acting as a liaison between the buyers and sellers, a good North Shore Realtor works alongside their clients to ensure as stress-free of a process as possible. 

3. Those in the Real Estate Business are Held to High Professional Standards. From the National Association of Realtors (R) to local chapters, real estate professionals are held to high ethical standards. This means that not only is it their job to ensure a transaction goes smoothly, it is their duty. As licensed professionals, our very career and livelihood depends on our professional standards and ethics as we are bound by license law. Additionally, many real estate professionals rely on personal recommendations and referrals from past clients - So we want to ensure that every job is one well done! 

If you've been considering talking to a North Shore Realtor this year, I encourage you to contact me. I'm always available to discuss your North Shore real estate needs, from selling to buying. I look forward to working with you and creating a smooth, seamless real estate transaction for all involved. 

Janie Bress
Your North Shore Real Estate Expert

North Shore Real Estate
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Local Expert... with National Connections!

Locally or across the country, think of me as your national connection. I can help you with all your real estate needs anywhere in the United States.

Move-Up Home Buyers On The Rise!

As a North Shore Real Estate agent, I’ve been encouraged by the North Shore Real Estate market this year.  As a whole, the nation is experiencing a resurgence of activity on the market and an uptick in sales, and the same goes for Winnetka, Deerfield, Northbrook, Glencoe and Highland Park! 

As mortgage rates continue to increase, buyers are seeing this as an opportune time to buy and are on the hunt for their dream home on the North Shore this fall.  In fact, now is a great time for move-up buyers!  Those that felt stuck during the economic downturn are finding that, because of the increase in home prices, now is a great time to sell and finally move into their ideal home or location.  

According to recent data from real estate website, RealtyTrac, 40% of all homeowners now have at least 20% equity.  This is due to the significant increase in home prices during the first seven months of 2013, which has been the fastest increase since 2004.  That means those who once felt they had no where to go with their current home can now easily jump back into the real estate market!  

Market statistics from the National Association of Realtors are showing that, although first time home buyers percentages have dropped; sales have surged proving that second and multiple time home buyers are finding the market is prime for moving up!  Nationally, sellers are finding it easier to sell due to a more limited inventory, which means move-up buyers will need to act quickly if they find a home they love.  

Fortunately for us along the North Shore, there are a number of beautiful homes on the North Shore Real Estate market that are ideal for the move-up buyer! 

This trend is also creating a broader inventory for first time home buyers who are looking for a great starter home.  All in all, these are continued signs of how the national housing market is improving and why now can be an excellent time to jump into the real estate market on the North Shore!

If you’d like to learn more about North Shore homes currently on the market, or have questions about buying or selling your home; please don’t hesitate to contact me today!

I look forward to hearing from you!

Janie Bress
Your North Shore Real Estate Expert

North Shore Real Estate
View North Shore Listings
Visit My Website

Local Expert... with National Connections!
Locally or across the country, think of me as your national connection. I can help you with all your real estate needs anywhere in the United States.

Tips for a Smooth and Efficient Home Buying Process on the North Shore!

A few weeks ago, I talked about the spring North Shore Real Estate market and gave some tips for navigating the home buying or selling process.  Today, I wanted to hone in on ways to ensure the home buying experience is as seamless and efficient as possible.

As you know, the spring market is teaming with activity and you’ll want to be prepared to move on a home before another buyer snatches it up.  If you’re hoping to find and be settled into your new North Shore home before the gorgeous summer season begins, here are a few key tips for making it happen.

1.  Start Your Search Online- Instead of spending your time searching for open houses or for sale signs, get online to streamline your search.  There are many great homes in the North Shore which you can view on my North Shore website! 

2.  Get Pre-Approved- Finding the home of your dreams and then shopping for a loan is a risky move, as most home sellers won’t even look at an offer that’s not accompanied by a pre-approval letter.  Getting pre-approved ensures you know your exact budget and can save you from a bidding war if many are vying for the same home.

3.  Prioritize Your Housing Needs- Finding a home fast means being flexible.  The longer the list of requirements, the harder it will be to find a home.  Keep your list short and to the point.  Focus on the key elements you’re looking for and let the extras fall as they may.

4.  Find a Great Agent- This may seem easy, but finding an agent that truly knows the North Shore Real Estate market and can show you properties that are right in your price range and meet your style and needs can be challenging.  Of course, I’d love to help you in your home search and know that my experience and proven success will make the home buying process an easy one.  Bottom line?  Do your homework and really research local North Shore Real Estate agents.  

5.  Negotiate Repairs- If an inspection reveals that the home you want to buy requires repairs, taking the responsibility off the seller can help you close the deal quicker. After obtaining estimates, ask the seller for a credit rather than asking them to complete the repairs themselves.

6.  Have Cash Ready for Closing- You don’t want to be scrambling for funds at the last minute, so be prepared for this important date. A day or two before closing on your North Shore home, you’ll get the final settlement statement, detailing the terms of your loan and all the closing costs. 

7.  Have a Plan B- Because not every transaction goes smoothly, be sure you have a property or two as a backup; you don’t want to have to start from scratch!

As a North Shore Real Estate agent, I understand that the entire home buying process can seem overwhelming at first, but these tips should help the process feel more manageable and create a streamlined approach. 

I’m always here to answer any questions you have concerning buying a home or living on the North Shore.  From finding your dream home to signing the contract; I’ll be with you each step of the way!

Contact me today to get started! 

Janie Bress
Your North Shore Real Estate Expert

North Shore Real Estate
View North Shore Listings
Visit My Website

Local Expert... with National Connections!
Locally or across the country, think of me as your national connection. I can help you with all your real estate needs anywhere in the United States.

Enjoy St. Patrick's Day on Chicago's North Shore!

One of the things I enjoy about living on Chicago’s North Shore is the closeness of the communities and the vibrant lifestyle that each has to offer.  Whether you live in Winnetka, Glencoe, Deerfield, Highland Park, Northbrook or any of the surrounding cities; you’ll enjoy each community!

If you’ve stopped by my blog, chances are you’re searching for a home on the North Shore or perhaps you’re looking to sell your current home.  As a North Shore Real Estate agent for over twenty years, I can assure you that you’ve come to the right place!  I have helped many buyers and sellers over the years navigate through the North Shore Real Estate market.

Yet, my services don’t stop simply at the property.  I want to ensure that those relocating to the North Shore get a good sense of each community by highlighting things such as local restaurants, events, schools, community interaction and much more!  The old adage, “Location, location, location!” rings true whenever you buy a home, and I want to make sure you’re as comfortable as possible with your North Shore home purchase.

In light of this, I thought it would be fun to feature one of the cities in the North Shore that I don’t often talk about, but is a great community!  With St. Patrick’s Day this weekend, I found there was a lot taking place in Evanston that you may just want to check out!

Bennison’s Bakery

1000 Davis St, Evanston

- In the mood for a tasty Irish treat?  Bennison’s  is serving up classic Shamrock cupcakes, coffee cake and cookies!  Feeling extra lucky?  Try one of their delicious chocolate Irish potatoes, Irish soda bread, Irish petit fors, Irish Whiskey cake and much more!  View more sweet treats on the Bennison's Bakery website.  

Celtic Knot Public House

626 Church St, Evanston

- For a true taste of Ireland, be sure to visit the local pub!  Enjoy an entire week of St. Patrick’s Day fun at this authentic pub in Evanston! 

KOI Chinese and Sushi

624 Davis St, Evanston

- When you think of St. Patrick’s Day, sushi may not be the first thing that comes to mind!  Yet, you can go green with KOI on March 17! Enjoy special GREEN menu items including vegetable dumplings, edemame and green tea ice cream. View more about this green meal online at KOI.

Whether you’re Irish or not; you’ll be sure to enjoy celebrating St. Patrick’s Day along the North Shore!

If you are considering relocating to the area, I would love the opportunity to talk with you.  I would be happy to talk about your home buying needs and even show you some of the beautiful homes currently available on the North Shore Real Estate market!

Have a safe and happy St. Patrick's Day!


Janie Bress
Your North Shore Real Estate Expert

North Shore Real Estate
View North Shore Listings
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Local Expert... with National Connections!
Locally or across the country, think of me as your national connection. I can help you with all your real estate needs anywhere in the United States.

Things to Love This Valentine's Day on the North Shore!

Now that we’ve entered into February, many of us are thinking about Valentine’s Day that’s just around the corner!  It’s a great time to reflect on the things that we love whether it’s a significant other, family, friends, your job or your favorite hobbies.

As a North Shore Real Estate agent, living and working on the North Shore is on the top of my list!  I love the various communities, the people I interact with on a daily basis and couldn’t imagine myself anywhere else!  

If you’re looking for ways to celebrate Valentine’s Day on the North Shore, here are just a few highlights you won’t want to miss!

North Shore Restaurant Week

Participating Locations in the North Shore

Now through February 28

- Chicago’s North Shore Convention and Visitors Bureau (CNSCVB) celebrates its 4^th Annual Chicago’s North Shore Restaurant Month spanning the entire month of February – a great way to cure the winter doldrums.  Nearly 55 area restaurants offer awe-inspiring, meals prepared for our guests suffering from cabin fever!  Valentine’s Day is a great time to check out a restaurant that you haven’t had a chance to dine at or visit a North Shore favorite. Check out the North Shore Dining Deal website for a list of participating restaurants.

YMCA Daddy Daughter Dance

North Suburban YMCA

2705 Techny Rd, Northbrook, IL

February 9 from 4-6pm

- This annual “Valentine’s Prom” is hosted by the North Suburban YMCA and includes dancing, dessert, a raffle and a professional photograph to take home. Cost is $20/father-daughter and $5 for each additional girl. For more information, please visit the North Suburban YMCA website. 

Champagne & Chocolate

The Winnetka Wine Shop

726 Elm St, Winnetka

- Looking for that perfect gift?  Find your way into the Winnetka Wine shop where you’ll discover a variety of wines along with perfectly paired champagnes and chocolates!  These make an ideal gift for your special someone, or while you’re there, pick out a fantastic bottle of wine for a cozy Valentine’s night in!  Find out more on the Winnetka Wine Shop website.

Getting out in the community and enjoy what there is to offer is a great way to fall even more in love with the North Shore lifestyle!

If you’re interested in learning more about what it’s like to live on the North Shore, or you’re ready to take the next step and begin your North Shore home search; please contact me today!

Janie Bress
Your North Shore Real Estate Expert

North Shore Real Estate
View North Shore Listings
Visit My Website

Local Expert... with National Connections!
Locally or across the country, think of me as your national connection. I can help you with all your real estate needs anywhere in the United States.

Why NOW is the Perfect Time to Sell Your North Shore Home!

As a North Shore Real Estate agent serving the cities of Winnetka, Glencoe, Highland Park, Deerfield and Northbrook for over twenty years, I can honestly say that I’m really encouraged about what’s happening in the current housing market.  Last week, we looked at the market statistics for the North Shore and, as I post these each month; it’s great to see home prices on the rise and homes selling more quickly than they have the past few years.

The year ended well with an upswing of 10% on existing home sales and the National Association of Realtors expects the same in 2013.  Another sign that the market is on the rise is that the total housing inventory is the lowest it’s been since 2005!  NAR Chief Economist noted that "Home sales are recovering now based solely on fundamental demand and favorable affordability conditions."

So, what does this mean for you?  

If you’re considering selling your home this coming year, now is a great time to do so!  You’ll find the market working in your favor as home prices are continuing to rise, and the fact that fewer homes on the market increase the competition between buyers.  

Looking for your home to really stand out to buyers?  Putting your home on the market now or in February will mean you’ll get a head start on the spring market.  Oftentimes, sellers will wait to sell their home in the spring when they feel more buyers are looking.  However, I thought I’d give you a few compelling reason to put your North Shore home on the market as soon as possible.  Take a look!

1. Inventory is still low and fewer new homes are coming on the market now than in the Spring.  Your North Shore home will get more attention from buyers!

2. The buyers who are looking now are serious about purchasing a home.  You’ll find this is true because why else would someone be looking for a home when it’s cold?

3. More buyers are financially ready.  They’ve received their year end bonuses and anticipate tax refunds.

4. Studies show that in 2012, homes listed in January and February received, on average, 8% higher sales prices than homes listed in March and April.

So often, sellers are reluctant to put their home on the market because they feel the weight of the home selling process.  However, with the right North Shore Real Estate agent, you’ll find the selling process can be a smooth and efficient experience.

I’ve been priveledged to help many clients throughout Chicago’s North Shore sell their homes, and I would love the opportunity to help you as well!

If you’re interested in learning more about the home selling process and what I will do to help get your home sold; please contact me today!  

I look forward to hearing from you!

Janie Bress
Your North Shore Real Estate Expert

North Shore Real Estate
View North Shore Listings
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A Look at the North Shore Housing Market for 2013!

It’s hard to believe that Christmas is behind us and we’re embarking on a new year!  I hope you all enjoyed a great holiday season with loved ones whether you traveled far or  created a cozy and welcoming environment in your North Shore home. 

As with each year in working as a North Shore Real Estate agent, I always anticipate what the new year will bring for Chicago’s North Shore Real Estate market.  The past few years in the national housing market have been a little rocky, but it looks as though 2013 will continue the upward movement and growing stability of the housing market as a whole.

Recently, MoneyCNN reported on the S&P/Chase-Shiller index noting that home prices posted the largest percentage gain in more than two years, with prices up 4.3% in October compared to last year.  These trends are expected to continue with other factors playing into the housing market boost.  Things such as a five year low in foreclosures, lower unemployment and the still low mortgage rates will result in more active buyers.  This, in turn, will drive up home prices.

Lawrence Yun, the National Association of Realtors chief economist commented on the recovering market for 2013 by adding that "sellers will smile more, and buyers will need a more concentrated focus.”  Buyers will find greater competition and will need to act quickly when they find a home they like.  

Of course this also results in great news for sellers in the new year.  The demand of buyers will result in higher home prices, which will give sellers an opportunity to put a larger down payment on their new home.  This is just the cycle that needs to happen for the market to continue its improvement in 2013, and it looks like it’s already picking up speed.

The bottom line?  If you’re considering buying a North Shore home this coming year; don’t wait until the spring market to do so!  Get a jump start on the competition by following these helpful tips:

1. Get Your Financials in Order- You don’t want to wait until you find your dream home on the North Shore to start getting your financials together.  Meet now with your lender, know your credit score and determine your home buying budget and down payment.

2.  Begin Your Search Online- If you’re new to the area or are relocating to the North Shore, starting your North Shore home search online can help give you an idea of the types of homes available in the North Shore.  

3.  Find an Experienced North Shore Real Estate Agent- Having an experienced North Shore Real Estate agent by your side will ensure you receive the best service possible.  You want someone who knows the ins and outs of the market and can guide you with the advice needed for navigating through the home buying process.

As always, I’m here to answer your questions and guide you each step of the way!  2013 will be an exciting time for the housing market and I’m looking forward to working with you to buy or sell your North Shore home!

Happy New Year!

Janie Bress
Your North Shore Real Estate Expert

North Shore Real Estate
View North Shore Listings
Visit My Website