Category Archives: Uncategorized

Housing Has Turned the Corner

The overall economic recovery might not yet be what we had hoped for by now, but according to Government-owned loan guarantor Fannie Mae, it’s not the housing industry’s fault. In fact, the agency responsible for backing a good deal of home loans issued a report that says housing has “turned the corner.” You can read the good news, courtesy of Inman News, here.

 

 

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22 Acts of Kindness

If you need a little pick-me-up and have time, scroll through this great list of good deeds. Maybe seeing real-life examples of people “paying it forward” or doing random acts of kindness will boost your spirits. If nothing else, you’ll see that there are plenty of good people in this world of ours.

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We’re Counting Down the Top 5 Housing Trends in Winter 2013

Trend #5: New Mortgage and Servicing Rules

There is a series of new mortgage and servicing rules is in the process of being unveiled in early 2013. These rules will reshape the mortgage industry and could affect consumers, for better or worse, once they go into effect.

The mortgage industry has long claimed that many of the rules could restrict lending and the availability of capital, making mortgages much harder to get. Consumer advocates and other industry observers say the announcement of these will actually bring clarity and more certainty to the market, making loans actually easier to get. Many of the rules, which resulted from the Dodd-Frank Wall Street Reform and Consumer Protection Act, have been in the works for about two years.

The main rule released so far requires lenders to verify that a borrower has the ability to repay the loan when getting a mortgage. The rule was designed to protect borrowers from the types of risky loans that led to the housing crash. The regulation had to be crafted with caution so that it wouldn’t restrict lending and hurt the housing recovery.

“We got what we thought we were going to get, so I don’t expect any dramatic changes for most borrowers,” in terms of getting approved for loans, says Anthony Hutchinson, a senior policy representative at the National Association of Realtors.

Check out my mortgage and affordability calculators

Read more: http://www.bankrate.com/finance/mortgages/housing-trends-winter-2013.aspx#ixzz2JJLTGLDW 
Follow us: @JoshGidcumb | CU Realty Group on Facebook

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Happy Thanksgiving!

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November 21, 2012 · 8:35 pm

CU REALTY GROUP, LLC is currently adding extremely energetic Buying and Selling Agents to serve in Central and Southern Illinois.

Top Producing Commercial & Residential Real Estate Brokerage Team,

CU REALTY GROUP, LLC is currently adding extremely energetic Buying and Selling Agents to serve the following areas:

Central Illinois:

Champaign-Urbana, Savoy, Tolono, Pesotum, Philo, Monticello, Rantoul, Mahomet, Farmer City, Danville, and Paxton

Southern Illinois:

Mt. Vernon, McLeansboro, Dahlgen, Opdyke, BelleRive, Macedonia, Benton, Broughton, Eldorado, Harrisburg, Wayne City, Carmi, Dale, Salem, Centralia, Nashville, Benton, Pinkneyville, Vandalia, Mattoon, Charleston, Arcola, and Effingham

Qualifications:

• Extensive list of contacts or leads

• Ability to generate client leads, service transactions, close, and develop more residential and commercial business

• Previous sales experience preferred

• Must be client service oriented, personable, approachable, flexible and open to a changing environment at all times

• Currently possess or are willing to obtain Illinois Broker’s license

• Obtain your REALTOR designation and join Champaign County Association of REALTORS

• Enjoy having fun and working at the same time, because that what our team is all about!

Benefits:

• Proven internet and local marketing and advertising systems in place to utilize to put you on the fast track

• Access to a robust and experienced team that provides administrative, marketing, and compliance support

• Industry leading tools, training, technology, and support.

• MLS access to thousands of listings currently for sale

• Active listings submitted to 350+ top search engines, and gain listing exposure on 75,000 websites GLOBALLY!

• Commercial & Residential comparables reporting and presentations tailored for you meetings

• An opportunity to be in business for yourself, but not by yourself

• Unlimited earning potential

• Quite frankly…..we have fun!

We firmly believe that customers in the real estate market today deserve much more than a sign in the yard and a picture of their home in the local newspaper. Differentiate yourself from other agents and join a team that is committed to providing the outstanding service model that customers are seeking. For more information about this exciting opportunity, please contact, me directly at 217.202.0571.

Josh.

* * *

Don’t take our word for it…

See for yourself why Keller Williams is positioned at the top of the real estate market and recognized as the 2nd largest firm in the United States before you decide to join another firm.

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#48

Regardless of your political persuasion today, tomorrow, or at any point in the future; I ask you all to please remember those brave men and women that have fought and passed for our freedoms for more than a century.  Due to their commitment, sacrifice and belief in the freedoms that many take for granted; we are all blessed to have the opportunity to walk behind the curtain and check-the-box for those we feel are worthy of upholding the duty they are campaigning for.   

 

I generally deter from engaging in a political discussion online, and with that I plan to do the same here.  However, I do think it is imperative to bring these numbers to the forefront considering the upcoming election.  My aim is to simply share with my readers….quite frankly nonetheless…some embarrassing stats that I hope you keep highly elevated on your own radar when you venture behind that curtain to cast your right-to-vote. 

 

I am a firm believer of finding the good… in the bad, seeking opportunity in places that it may not be obvious to most, and always waiting for that one moment… when the sun peeks from the clouds on a dreary day.  After internalizing the facts below from the Illinois Policy Institute, the good news is that we have plenty of upside to tackle.

 #47 is looking attractive already!   

-J

 

Illinois’ state debt:

•Illinois’ total state debt is $271 billion

•Illinois’ state debt has ballooned to $51,000 per household

•Illinois has roughly $8.5 billion in unpaid bills

•Illinois will spend more on pensions than on education by 2016

 

Illinois’ economic performance:

 •39 states have a lower unemployment rate than Illinois

•It will take 43 months for Illinois’ unemployment rate to recover to its pre-recession low, given the current pace of job creation and assuming no growth in the labor force

•Unemployment in Chicago is stalled at 10.5%

•Illinois is 47th in job growth

•Illinois is 48th in economic outlook

•Illinois is 48th in economic performance

•Illinois is 48th in net domestic migration

•Illinois is 48th in average workers’ compensation costs

 

•The rate of entrepreneurship in Illinois has been below the national average every year since 1996, with the exception of 2001

•Chicago is tied with Detroit for the worst entrepreneurship rate among the 15 largest metropolitan areas in the country

•Illinois has had 12 credit downgrades since 2008

•Illinois has more units of local government than any other state in the nation

•Illinois hiked state income taxes by 67%

•Rate of entrepreneurship below national average last 15 of 16 years

•Worst credit rating in the nation

•Illinois has had 12 credit downgrades since 2008

•Illinois’ unemployment rate is 9.1%

•Illinois unemployment has increased for three straight months

 

Illinois’ pensions:

•Illinois has the worst funded pension in the nation

•Illinois’ pension inaction costs the state $18 million per day

•Illinois pension funds need 19 percent annual investment returns in order to pay for the promised benefits

 

Illinois’ health care:

 •Medicaid reimbursement rates are among the worst in the nation

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Inspiring Nike Ad about Greatness!

OK, this isn’t really a “read,” per se, but the video is worth watching.

It’s an ad run by Nike and the kid in this video — 12-year-old Nathan from London, Ohio — proves one thing, according to Nike: “Greatness is not beyond his reach, nor is it for any of us and it’s pretty inspiring if you ask me.

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