Chicagoland’s Housing Market Report for the First Quarter - 04/17/08 10:04 AM
The Chicago Home Buzz First Quarter 2008 market report is completed and the numbers are still down significantly from last year with a decrease of 26.7% overall in total sales volume at $1,454,284,915 (that's BILLION) for all of our clients and associates on our mailing list in the Chicagoland region! This $1.45 billion sales volume was only down 23% from last year as compared with the fourth quarter decrease which was over 130% decrease.  For the first time in several quarters we are starting to see areas turn the numbers to positive gains. The Gold Coast in Chicago saw both its … (0 comments)

Buyer's Market Means Buy - 04/03/08 06:36 PM
The headlines these days can be pretty scary. But if you start to separate out the fact from the fear you can begin to make an educated decision about what makes economic sense for you when making your next home purchase. Instead of waiting for the economy to 'hit bottom' (which many predict will happen in the coming months), keep an eye on those interest rates (NOT the Fed Rate which has little direct impact on mortgages). A thirty year fix rate is just above 6% now.  "The thing that will make home prices stop falling is the very same thing … (0 comments)

 
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Jim Gramata

Chicago, IL

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Gramata Realty Group

Address: 1875 N Damen Avenue, Chicago, IL, 60647

Office Phone: (773) 252-4663

Cell Phone: (773) 315-6103

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Real estate news, market information, podcasts, movies, featured property listings, trends and statistics for buyers, sellers, developers and investors in the Chicago area. Virtually all the news that's fit to post. View Jim Gramata's profile on LinkedIn


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