“How’s the market?” As a trusted Realtor®, I get asked this question a lot. Below is statistical data based on properties that have recently sold in some of Chicago’s fine neighborhoods. But every neighborhood, block, street and home is unique and this data includes all residential property types: condos, single-family homes and multi-units. For a [...]
Standard & Poors released its Case-Shiller Index Tuesday. The index is a monthly home valuation report from select cities and among the private sector’s most popular home pricing models
Even when they’re not “on”, a multitude of everyday home appliances continue to draw power from the grid, raising home energy bills and increasing atmospheric emissions. These so-called “Energy Vampires” cost U.S. homeowners $4 billion, collectively, in 2005.
You can’t get your mortgage rates from the newspaper. Last week proved it. Again. Friday morning, headlines in Illinois and around the country read that mortgage rates were down 0.04 percent, on average, since the week prior.
“How’s the market?” As a trusted Realtor®, I get asked this question a lot. Below is statistical data based on properties that have recently sold in some of Chicago’s fine neighborhoods. But every neighborhood, block, street and home is unique and this data includes all residential property types:
It’s not only the real estate markets that differ from town to town — the Cost of Living does, too.
Insurance costs, tax bills and just plain, day-to-day living will dent a household budget differently depending on where that household is. It can be a nerve-wracking fact for families moving across state borders.
2010 is just a few days old and already the “experts” are making predictions for the year.
Housing calls and mortgage rate predictions run the gamut:
HomeGain.com recently released the results of their Home Sale Maximizer survey (Nov ’09). From 1000 Realtors surveyed nationwide, the results show the top do-it-yourself home improvements recommended to home sellers and their average ROI (return on investment).
While residential property varies in size and type, not all DIY average costs will apply. However, the results (see [...]
Congress both extended and expanded the First-Time Home Buyer Tax Credit program Thursday.
The White House says the President will sign it into law today.
The up-to-$8000 tax credit’s expiration date has been pushed forward to spring, requiring homebuyers to be under contract by April 30, 2010, and to be closed by June 30, 2010.
The program’s basic eligibility [...]
Recently, I asked my trusted Real Estate attorney, Mark Edison, to briefly discuss a common question that arises regarding property tax credits paid by the seller during the sale of their home or investment property. Mark represents buyers and sellers throughout the Chicagoland Area with their Real Estate transactions. Below is his response.
A common question [...]