According to the National Association of Realtors (NAR), the volume of existing-home sales is expected to remain stable through late spring 2008, and gradually improve further from there during the second half of the year.
NAR chief economist, Lawrence Yun, says buyers have been waiting for higher mortgage loan limits. “The higher loan limits for both FHA and conventional loans will increase consumer choice and provide greater access to lower interest rate mortgages in high-cost regions,” he says.
In Madison County the revised FHA loan limit is now $281,250.
About Us
- Nancy Milton & Kristina Pratt
- Madison County, Illinois
- Thanks for visiting our Madison County real estate blog. Nancy Milton and Kristina Pratt are REALTORS with Coldwell Banker Brown Realtors in Edwardsville, Illinois. We work with home buyers and sellers as well as investors and rehabbers. Whether you're a first-time buyer, stepping up, downsizing, rightsizing or looking for an investment property that works as hard as you do, we can help. Our customers are buying homes and properties in the Madison County, Illinois communities of Edwardsville, Glen Carbon, Collinsville, Maryville, Granite City, Bethalto, Wood River and other cities and villages across the Southwestern Illinois region of the greater St. Louis metro area. Contact Nancy at 618-791-8007,or send an e-mail to Nancy.Milton@ColdwellBanker.com. Call Kristina at 618-917-0775 or contact Kristina.Pratt@ColdwellBanker.com.
You can find great local Edwardsville, Illinois real estate information on Localism.com Nancy Milton, REALTOR, GRI is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business.
