Ronald Vik, Lake Zurich Real Estate Agent | bairdwarner.com
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Ronald Vik

Broker

475186199

Due to the Novel Coronavirus or COVID-19, a LOT is happening in the market place very quickly! Here is the latest update on what is happening in the housing industry right now. I will continue to update as things change. 1. Interest Rates are still at a historic lows however, more strict guidelines are needed to be approved for these lower rates. 2. There are longer close times due to the large amount of refinancing going on in the market. 3. The changes in new construction have been slight overall, the building process has been slowed due to municipality slow downs as well as an increased demand has limited the availability of new homes. I want you to know that we know you still have to move and I am here, I am still working. If you need anything, please let me know. Stay tuned for more updates to come.

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