You’ve been waiting months to find the perfect piece of real estate in Chicago, and now closing day is almost here. But, is there a ‘right’ time to close? The answer is yes, especially if you want to save money on interest. Consider the end of the month. Closing on a new home at the …
Finding the Best Closing Date: Timing is Everything Read More »
Chicago new homes owners who are struggling with mortgages worth more than the value of their homes may soon receive some assistance from the Home Affordable Refinance Program also known as HARP. HARP was originally established in 2009 to assist homeowners with Fannie Mae or Freddie Mac loans who are current on their mortgage payments, …
The number of housing markets considered “improving” rose by 76 to a total of 201 metros in December, according to the National Association of Home Builders/First American Improving Markets Index. The NAHB index lists major metros that have experienced an increase in housing permits, home prices and employment for at least six consecutive months. While …
Homes.com recently released a report on the most and least expensive real estate in Chicago. In order to compile the rankings, Homes.com used listing price data from its own website. The Lincoln Park and North Side neighborhoods, which have previously been rated as some of the most expensive in the city, are still the most …
With every new housing stat that comes out, it seems the Chicago real estate market is on the mend. Last week we reported that August sales of real estate in Chicago were higher than they have been in almost five years. This week, it’s positive news on home values. According to the Standard & Poor’s/Case-Shiller …
According to a new study by the National Association of Realtors, the length of time it takes to sell a home is now decreasing. This is good news for Chicago homeowners who may be worried about how long their house will be on the real estate in Chicago market. During the month of July, the …
