May 31, 2023

St Charles IL Real Estate: 3807 Chesapeake Road


3807 Chesapeake Road, St. Charles, IL

Posted in Listings
May 11, 2023

South Elgin IL Real Estate-681 Kateland Way


681 Kateland Way- $674,900

Large updated "like new" custom home located in #303 St. Charles Schools on a spacious, gorgeous landscaped lot. Enjoy the Thornwood pools, tennis and volleyball courts, bike trails, and clubhouse! Updates: Brick patio recompacted, leveled 2022...Concrete patio laid and wired for hot tub 2022...Furnace Pump, dishwasher, refrigerator 2022...Newer water heater, redone main floor bath, new basement flooring LVT 2021...TSR polyurea garage floor coating 2020...The garage interior was repainted in 2019...Roof 2018...Updated lighting, A/C, new coil in furnace 2017...From the moment you walk into the 2-story elegant foyer, you know you are HOME! Gorgeous vaulted living room, fabulous dining room for great entertaining and HUGE vaulted family room with brick fireplace that is flanked by custom floor-to-ceiling windows with plantation shutters and leafy panoramic views! The gourmet kitchen was remodeled in 2017 and offers white cabinetry with glass front display cabinets above, granite counters, hardwood flooring, breakfast bar island, stainless steel appliances (DW & refrigerator 2022), a pantry closet and an impressive eating area with door/windows that have plantation shutters and lead to the brick paver patio. First floor office/den, redone "trendy" powder room, functional mudroom with floor-to-ceiling lockers is everyone's dream... Spacious tray-ceiling master suite has "your own personal dressing/sitting" room area. The vaulted bath has a skylight, dual sinks, shower, whirlpool tub, and big walk-in closet. 3 other bedrooms share an updated hall bath with dual sinks and tub shower. Finished basement has large open recreation room, bedroom room, full bath with dual sinks, exercise or bedroom playroom/office. Enjoy a cook-out on the beautiful paver brick patio overlooking the extra large, deep professionally landscaped yard with sprinkler system!

Posted in Listings
May 8, 2023

St Charles IL Real Estate-3N840 Trotter Lane

SOLD: 3N840 Trotter Lane, St. Charles IL


Posted in Listings
April 22, 2023

St. Charles IL Real Estate: 36W705 Stoneleat Rd


If you are looking for a one-of-a-kind luxurious lifestyle property close to shopping, schools, river, restaurants, and not far from downtown St. Charles, this is it!  Unique custom 7500 square feet walkout ranch nestled on 2.48 acres on a private wooded cul-de-sac with an INDOOR pool (has own wing with spa and bath) in Ware Woods! Significantly remodeled and upgraded completed in 2021 on exterior, landscaping, & interior!




Posted in Listings
April 18, 2023

Geneva IL Real Estate- 2754 Miller Road




Posted in Listings
April 17, 2023

Geneva IL Real Estate- 1560 Kirkwood Drive



Posted in Listings
March 25, 2023

South Elgin IL Real Estate-285 Nicole Drive,Unit F



Rare end unit RANCH in Thornwood-- St. Charles Schools--Brand new carpet, freshly painted. Enjoy the living room with volume ceiling, laminate flooring, gas log fireplace, doors to the patio, drapes, and adjacent to the dining area--Wonderful for entertaining your guests! Dining room has laminate flooring, double windows to dine by sunlight or moon light, newer drapes, and ceiling fan. Spacious airy kitchen has lots of cabinetry, "Prep" island work area, stainless steel appliances, and terrific "serving bar" between dining area and kitchen for parties or everyday convenience! Master bedroom has a huge walk-in closet, newer carpeting and drapes. Bath offers ultra deep soaking tub, separate shower, high end fan with timer and vanity. 2nd bedroom has newer carpeting and drapes and second bath has tub/shower and vanity. UPDATES: A/C May 2021...Furnace 2017...Ecobee Thermostat October 2021..Whole house humidifier October 2022...The front window and guest room seals repaired. 2-car garage. Thornwood offers a clubhouse, pool, tennis and basketball courts. 


Posted in Listings
Feb. 25, 2023

2S291 Nelson Lake Road-Batavia IL


Enjoy a virtual 3D tour of this beautiful luxury home on 4 private acres!

Posted in Listings
Feb. 25, 2023

Batavia IL Real Estate-2s291 Nelson Lake Road


Imagine a new way to picture yourself living in a home, fully interactive! 2S291 Nelson Lake Rd, Batavia. $1,395,000.


Posted in Listings
Feb. 3, 2023

What Affects 30-Year Mortgage Rates


30-Year Mortgage Rates: An Overview A 30-year mortgage is a loan that is designed to be paid off over a 30-year period, with equal monthly payments. The interest rate is the amount charged by the lender for lending you the money, and it plays a crucial role in determining the overall cost of your mortgage. If you are in the process of buying a home, or if you are looking to refinance your current mortgage, it is essential to understand the current 30-year mortgage rates. In this blog post, we will provide a comprehensive overview of 30-year mortgage rates, including their historical trends, factors that influence them, and what you can expect in the future.

Historical Trends of 30-Year Mortgage Rates have fluctuated significantly over the past few decades, reflecting changes in the economy, inflation, and monetary policy. Over the past 40 years, 30-year mortgage rates have ranged from as low as 4% to as high as 18%. In recent years, mortgage rates have been near historic lows, which has made homeownership more affordable for many people. In 2020, the average 30-year mortgage rate was 2.98%, which was the lowest in recorded history.

Factors that Influence 30-Year Mortgage Rates Several factors influence 30-year mortgage rates, including:

  • Inflation: Inflation is a measure of the rate at which the general level of prices for goods and services is rising. If inflation is high, mortgage rates are likely to rise as well, since lenders want to ensure that the interest they receive compensates for the loss of purchasing power due to inflation.
  • Monetary policy: The Federal Reserve, also known as the "Fed," sets monetary policy, which affects interest rates. If the Fed raises interest rates, mortgage rates are likely to follow suit. Conversely, if the Fed lowers interest rates, mortgage rates are likely to decrease as well.
  • Economic growth: Economic growth can influence mortgage rates because it affects the demand for credit. If the economy is growing, there is more demand for credit, which can cause mortgage rates to rise. Bond yields: Mortgage rates are often tied to the yield on 10-year Treasury bonds. When bond yields rise, mortgage rates are likely to rise as well.

What to Expect in the Future:

It is always difficult to predict what 30-year mortgage rates will do in the future; due to the factors above, the 30-year rates went over 7% in late 2022.   These higher rates caused the housing market to enter a stagnant period, eliminating some of the hysteria surrounding multiple offers and the exorbitant prices sellers were receiving for their homes.  As of Feb 2023, 30-year interest rates are between 6.25-6.65; these fluctuate daily, but as The Federal Reserve starts to get a hold on inflation, experts forecast 30-year mortgage rates to stabilize somewhere between 5%-6% in late 2023 and early 2024.  With a shortage of inventory in our local real estate market, I predict that any decrease in mortgage rates will only spur demand for housing and set the stage for increases in home prices.

30-year mortgage rates play a crucial role in determining the overall cost of your mortgage. It is essential to understand the current mortgage rates, as well as their historical trends and the factors that influence them, in order to make informed decisions about buying or refinancing a home.  It is imperative to consult with a financial professional before making any major financial decisions.

Posted in Real Estate Advice