Chicago Neighborhood Profile: Jefferson Park - 06/28/11 01:46 PM
On the far Northwest Side of Chicago is the large, bungalow-packed neighborhood of Jefferson Park. With its beautiful residential blocks, established commercial areas and access to Chicago’s major expressways and public transportation options, Jefferson Park is a safe, family-oriented community only 10 miles from the downtown Loop. Jefferson Park’s local culture is influenced by its sizeable Polish-American population and notable showing of independently-owned businesses and shops. A significant portion of city employees have made their home in Jefferson Park, especially retirees from the police force and former firefighters who want to settle down in a nice, quiet part of Chicago.  Much of … (0 comments)

25 Interview Questions to Ask Listing Agents - 06/15/11 03:09 PM
Are you looking for a realtor to assist in the sale of your home? How do you know if an agent has what it takes to sell your house or condo in today’s challenging market? Here are some helpful questions you can ask listing agents to find out whether they make the grade when it comes to selling your Chicago homes.    1. What’s the average number of days it takes to sell a home in my area?   2. What is the average market time for your listings in my area?   3. How many homes have you sold in my area in … (2 comments)

Buying is Cheaper than Renting in Most U.S. Cities - 06/09/11 03:45 PM
A new index from the real estate website Trulia found that renting is more expensive than buying a home in 78% of the nation’s 50 biggest cities. The survey looked at median rent for a two-bedroom unit as compared to median list price for the same size property in the same area. In 39 out of 50 locations, it was cheaper to purchase a condo, townhouse or apartment than to rent it. In addition to list price vs. rental price, the index takes into consideration the cost of mortgage payments, property tax, homeowner’s or renter’s insurance, association dues, closing costs and … (0 comments)

Experts Predict Higher Home Prices in Chicago This Summer - 06/07/11 10:44 AM
Chicago is primed for a summertime housing market boost, according to Dr. Geoffrey J.D. Hewings, Regional Economics Applications Laboratory director at the University of Illinois. April marked the third straight month of home sales gains in Illinois and Hewings believes residential real estate will continue improving in Illinois and Chicago over the next couple months. In May and June, Hewings expects monthly home sales to increase 11 – 16% in Illinois (possibly up to 17% in Chicago) with a peak for the year in June. Median prices are also projected to increase through July in both the state and the city. Last … (0 comments)

 

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