Dean's Team Chicago Real Estate Blog
We update frequently, both here on Active Rain, and on our Chicago Real Estate Blog Center - www.BlogChicagoHomes.com.
ARCHIVED BLOG POSTS
2008
Another side effect of Federal Bank Takeovers, followed by distressed bank sales, is a loss of jobs. Here in Chicago, the J.P. Morgan Chase takeover of troubled Washington Mutual might cost up to 2,000 Wa Mu employees their positions. As we know, Washington Mutual, arguably the largest Savings &...
09/30/2008
It's George Bush's fault! It's the Democrats fault! The Conservative Republicans! You know what . . . who cares? We're stressing here in Chicago - and it has nothing to do with our Cubs or White Sox. The $700 Billion bailout failed - even with the modifications requested by both political par...
09/29/2008
Good Morning! Here's the latest Stat Summary on the Chicago Real Estate Market, based on data pulled yesterday evening, September 28, 2008 - How will the just-approved Financial Bailout by Congress impact the housing market? Of course, no one knows exactly, but the housing market response is l...
09/29/2008
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Hope you had a fantastic weekend, folks! (If you happen to be a fan of the New York Mets, however - our condolences!) Assuming credit markets calm down a bit with the Financial Bailout which should be clearing Congress in the next few days, is NOW a good time to consider refinancing your mortgag...
09/28/2008
It wasn't all that long ago, here in Chicago, and I would assume, in the place where you live, that many homebuyers started looking at newly-built subdivisions "way out in the country" - distant from downtown. Despite high commutes, most found they could find a bigger home, with more land, far m...
09/27/2008
Enjoying your Friday afternoon, folks? Hope so! It's a beautiful day, almost springlike, here in Chicago. Here's the latest Chicago Neighborhood News from our Team Member, Jennifer Arcand. This week, Jennifer covers the Chicago Neighborhoods of Lakeview, Albany Park, Uptown, and Edgewater, and...
09/26/2008
THE CHICAGO IL REAL ESTATE MARKET, AND OTHER THINGS CHICAGO, FROM THE POINT OF VIEW OF A LITTLE WHITE DOG! Good Morning, You Dogs! You know, I'm not trying to be deliberately partisan, but, as you know, I am a Chicago Cubs dog! However, I do feel bad for you Beagles and Schnauzers down on the S...
09/26/2008
Today, in the City of Chicago, nearly 35% of all homeowners find their housing expenses too high versus their take-home income, according to 2007 U.S. Census Bureau Data. For many years, financial professionals have set a threshold of 35% as the percentage of your take-home pay that should be set...
09/25/2008
Home resales here in the Chicago Metro Area, and across the State of Illinois, continued their tumble in August. Local figures come on the heels of National Association of Realtors data indicating resales fell 2.2% last month, to an annualized rate of 4.91 Million Sales. The national median pri...
09/24/2008
Minute by minute, hour by hour, the debate rages in Washington. Most agree the $700 Billion Financial Bailout proposal forwarded by U.S. Secretary Henry Paulson and Fed Chairman Ben Bernanke, will soon become law. Those in the street here in Chicago are confused, but reluctantly agree with the ne...
09/24/2008
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Dean's Team Chicago IL Real Estate Team
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