Real Estate News from Popular Illinois Cities

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Real Estate News from Popular Illinois Counties

By Terri Buseman, Downtown Chicago
(RE/MAX Premier Properties)
Comments 0
In 2017, Wicker Park was named one of the 25 hottest neighborhoods in America by Hot Spot Rentals. Since then, it’s only continued to impress as one of the most vibrant communities in Chicago. While it received this accolade based on things like walkability, transit, budget, entertainment, and li...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 8
   Refinancing ... is it right for me?  How to find out ...   There are many factors that influence the rise and fall of mortgage interest rates ...Case in point, right now the fear of a global coronavirus outbreak has the markets in a tither and that anxiety has resulted in lower and fluctuating...

By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
Comments 4
 What is the Private Listing Network in Winnetka & the North Shore  TWO THINGS HAPPENEDIn 2018, our Northern Illinois Multiple Listing Service (MRED) introduced the “Private Listing Network” (PLN) to real estate agents.  Then, last November (2019) the National Association of Realtors banned the u...

By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
Comments 2
  What Sold in Your Village in January - scroll down to see.  WINNETKA   Current Winnetka Real Estate Market:Homes for sale: 97Price range: $399,900 to $9,500,000Current median for sale price: $1,250,000Under contract: 25Condos for sale: 11 Price range: $205,000 to $1,075,000SEE ALL WINNETKA HOME...

By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
Comments 1
  HUBBARD WOODS January 2020 It’s been a busy month for new listings in Hubbard Woods. There were many more than this but the others were re-listings of homes that had been on the market last year. NEW HUBBARD WOODS LISTINGS IN JANUARY 2020806 Locust (under contract)4 beds/2 ½ baths$649,000      ...

By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
Comments 6
  12 Reasons to Buy a Home in the North Shore The Chicago North Shore has been described as a string of pearls lying along the shore of Lake Michigan just north of Chicago. The villages included in this “necklace” are Evanston, Wimette, Kenilworth, Winnetka, Northfield, Glencoe, Highland Park, an...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 9
 Low Housing Levels = Fast-Paced Housing Market   You don't have to look far to find headlines that report about the housing shortage that many U.S. housing markets are currently experiencing.  They're everywhere. One reads, "Housing inventory falls to a two-year low".  Another reveals,  "For-Sal...

By Ken Tracy, Helping clients buy and sell since 2005
(Coldwell Banker Residential)
Comments 0

By Terri Buseman, Downtown Chicago
(RE/MAX Premier Properties)
Comments 4
1330 S. Plymouth Ct. $1,289,000 1330 S Plymouth has a fantastic layout. Three levels of comfortable living. In addition to the 5 bedrooms, 3 ½ baths, and 4 fireplaces, there are many features that most homes do not enjoy. For instance, upon entering the home, the front door/ample porch is covere...

By Scott Seaton Jr. Bourbonnais Kankakee IL Home Inspector, The Home Inspector With a Heart!
(SLS Home Inspections-Bradley Bourbonnais Kankakee Manteno)
Comments 4
I will watch the Super Bowl, because I'm an American citizen but I'm a Packers fan and that was brutally bad to watch the 49'ers game. However, I'll take a 14-4 season and getting the championship game every year. Better than being a bottom feeder. This is a super easy recipe and has actually won...

By Scott Seaton Jr. Bourbonnais Kankakee IL Home Inspector, The Home Inspector With a Heart!
(SLS Home Inspections-Bradley Bourbonnais Kankakee Manteno)
Comments 3
     What did we do last year or the year before that made a difference in our business?      Simply put, I stopped trying to run a business all by myself. In July 2018, I got a phone call from a past client. His name was Luke and he had purchesed the home I inspected for him back in 2016 and fo...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 5
  Lethal Mix:Procrastination and Mortgage Financing  If you read about real estate and financing much at all, you've probably run across numerous articles that spoke to the challenges and frustrations that can be found in modern-day transactions and their financing ... And as a mortgage lender, I...

By Haris Dedic, Glenview Real Estate - Chicago North Shore
(RE/MAX Villager 847-878-2588)
Comments 0
Glenview, IL real estate as of January 2020: Active listings: 258 Lowest price: $135,000 Highest price: $3,695,000 Under contract: 108 Average list price: $737,361 Average sold price: $530,573 Highes sold in the past 12 months: $2,625,000 New construction homes on the market: 34 New construction...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 6
  January Should Make You Think "Taxes" ... both Income & Real Estate ... in Will County & Elsewhere  For those that are property owners in Will County, January 15th, 2020 was a day of great importance ...  That day marked the release and publication of the Will County Board of Review decisions r...

By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
Comments 0
 Condo sales in 2019 compared to 2018 were remarkably similar. The numbers across the board varied just slightly with some villages selling more condos and others selling fewer but for a higher median price. The one thing that has definitely stayed the same is the lack of North Shore condo availa...

By Terri Buseman, Downtown Chicago
(RE/MAX Premier Properties)
Comments 2
2020 – a new decade and a fresh start! New Year’s resolutions have been made around the world for thousands of years and unfortunately for most of the time, few of us are successful in achieving our goals. One of the main reasons for this is that we set unrealistic goals with vague outcomes. Chan...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 19
  More Condo Transactions Possible Courtesy of Recent HUD/FHA Changes Today's homebuyers are increasingly reflective of the reality of modern life and its challenges ...As shared in my recent post, "Mortgage Advice & Options for Un-Married Couples", non-traditional methods of home buying are beco...

By Lyn Sims, Schaumburg IL Real Estate
(RE/MAX Suburban)
Comments 0
How much will it cost you to purchase a home in 1, 2 or 3 years?You can bet that it will cost you more but in what ways? We're not just saying it, we can prove it based on previous trends.These charts compare all the costs & payments if you were to take out your loan today, versus 1, 2 and 3 year...

By Evelyn Santiago, Managing Broker Heart Realty Group, Inc., Passionate About Real Estate & Our Clients!
(Heart Realty Group, Inc..)
Comments 2
Despite low levels of inventory and buyer's cautious in making decisions, Oswego YTD home prices had only a 1.5% drop in average sales price to $288,807 from 2018's high of $293,421. The median sales price took a 3.6% drop from a high of $289,950 in 2018 to 2019's $279,450. There was a 9.1% in ho...

By Lyn Sims, Schaumburg IL Real Estate
(RE/MAX Suburban)
Comments 4
Sellers have always been able to help with paying buyers closing costs if they choose. It goes in & out of fashion with the years that I've been selling in the Schaumburg Area.Now it seems like it is back in style & lenders have just taken the whole thing off the rails. What buyers might not und...

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