Nov
12

Incredible Interest Rates Make Now the Time to Buy Suburban Chicago Real Estate

November 12, 2010

Chicago real estate mortgageIf you’ve been searching for a mortgage to buy your suburban Chicago real estate, you’ve no doubt heard the mantra: interest rates are at historic lows! Well, it’s true, which makes now the ideal time to purchase a new home. Many homeowners are still getting 30 year fixed mortgages at 4 percent. That’s good news for those buying now – they are saving thousands of dollars. The thing about interest rates though is they are volatile; they can begin to climb at any minute from their current all-time lows.

When you are ready to buy your new home in Richmond or Poplar Grove turn to a community of new homes from Gerstad Builders. Not only will you take advantage of low interest rates, you can also save money by purchasing a new home with a design from the recently introduced stimulus series. The series of single-family floor plans range in size from 1,292 to 2,030 square feet and are designed for first-time homebuyers and those looking to down-size. These value-enhanced homes are priced from $152,990 to $192,990. The stimulus series is available at The Trails of Dawson Creek, located in Poplar Grove, and The Trails of Pheasant Ridge, located in Richmond.

For more information about available floor plans and communities in Chicago’s norther suburbs, visit the Gerstad Builders website.

About The Author

Read All Stories By Gerstad Builders

Roger Gerstad is the president of Gerstad Builders, a family-owned and operated company committed to construction of homes of the highest quality known to the industry. Roger is a graduate of Bradley University and was educated in the field of construction through the wisdom and leadership of his father. Gerstad has developed the communities of Mill Creek, Waters Edge, Winding Creek, Deerwood, Chesapeake Hills, Abbey Ridge, The Trails of Winding Creek, Pebble Creek, Timber Trails, The Trails of Boone Creek, The Trails of River Oaks, The Towns of Boone Creek, Liberty Trails, and Abbey Ridge Townhomes in McHenry, Illinois as well as Pheasant Ridge in Richmond, Illinois, Bailey Estates in Williams Bay, Wisconsin and Dawson Creek in Poplar Grove, Illinois.

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