Greg Olson-Downtown Palatine - April 2022

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1808 N. Arlington Heights Road Arlington Heights, IL 60004 remaxsuburban.com

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GREG OLSON

DOWNTOWN PALATINE’S

CPA | SFR | Managing Broker 4207. 7.9 784

GregOlsonRealEstate@ DowntownPalatineHomes

gmail .com

FINEST CONDOS & TOWNHOMES

.com

www.DowntownPalatineHomes.com

Living, Loving, and Promoting uO r Community’s aV lue Since 2004 Published by Real Marketing (RM) | www.REALMarketing4You.com | 858.952.4280 | ©2022

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HOW MUCH WILL WA I T I N G T O S E L L

for community info, listings, and recent sales.

APRIL 2022 REAL ESTATE MARKET REPORT

%

COST YOU? Interest rates are expected to rise this year, breaking the trends of record lows and increasing the overall cost to purchase. This will greatly reduce the number of qualified buyers, affecting what your home sells for! MORTGAGE

P&I*

2022 Q1

$300,000

$1,342.91

2023 Q1

$318,900

$1,480.54

MONTHLY PAYMENT INCREASE: THE DIFFERENCE IN THE LIFE OF THE LOAN (30 YEARS):

$137.63

$49,546.80 PRESENTED BY GREG OLSON

Downtown Palatine Homeowner, Call me today at 847.977.7024 to learn how my marketing will attract qualified buyers and allow you to purchase your next home before interest rates increase! Average Commitment Rate per Freddie Mac | *Principal and Interest Payment | 6.3% Home Price Increase Forecasted by HPES

YO U R D O W N TO W N PA L AT I N E N E I G H B O R AND REAL ESTATE SPECIALIST PREPARED ESPECIALLY FOR Downtown Palatine Homeowner


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