Chicago Real Estate News
Real Estate news for Chicago, IL continually updated from thousands of sources.
58 min ago | via Milwaukee Journal-Sentinal
Northfield-based Focus Development and its exclusive sales and marketing firm, @properties, announced that The Residences at The Grove, a luxury condominium and townhome development in downtown Forest Park, has surpassed the 70-percent sold mark in its final phase, with only 10 homes remaining. According to Michael Golden, co-founder of @properties, the more than 20 condominium sales at The Residences at The Grove during the past 90 days makes it one of the area's fastest-selling developments. Comment?
Saturday | via Chicago Tribune
When writer Emily Novick and her husband, Steve Goldstein, then a pediatrics professor and physician in chief at Comer Children's Hospital, moved to Chicago in 2004 from the East Coast, they scoured the housing market in Kenwood and Hyde Park, looking for a home that would offer enough space to entertain. No strangers to historic homes and historic districts, they nonetheless were surprised to stumble upon Hyde Park's Isidore H. Heller House, which was designed in 1897 by legendary architect Frank Lloyd Wright. Comment?
Thursday Jul 30 | via WNED
A 'For Sale' sign stands in front of a house in Chicago, Illinois, where almost a quarter of mortgages are still underwater. Homes that are underwater - mortgaged for more than they're worth - represent a much smaller fraction of the housing market than they did a few years ago, according to a new report from RealtyTrac , a real-estate data company. Comment?
Tuesday Jul 28 | via Daily Herald
For 25 volunteer days this summer, almost 300 hardworking Habitat for Humanity volunteers put in over 2,800 hours of volunteer labor helping to build a home for Sheena Perez and her family on an existing lot on Elma Avenue in Elgin. Comment?
Tuesday Jul 28 | via Chicago Metro Real Estate
The index rose 1.3% from April. It typically rises from April to May as it's part of the big spring market. Comment?
3 hrs ago | via Patch.com
Naperville home sales for the month of July rose in volume by 11.5% when compared to last year, while the median sale price decreased by 3.4% from $387,250 to $374,000. The number of Single Family homes sales rose by 13.5%, while the median sale price decreased by 5.3% from $435,000 to $412,000. Comment?
4 hrs ago | via Business Journal
Mortgage closing costs average $1,833 in Missouri and $1,847 in Illinois, about the middle of the pack in the U.S. Nationwide, closing costs declined 7 percent over the last year and average $1,847 on a $200,000 loan, according to Bankrate.com. Closing costs are the highest in Hawaii at $2,163, followed by New Jersey , Connecticut , West Virginia and Arizona . Comment?
Friday Jul 31 | via American Reporter
Developments in the United Kingdom and Italy may ease some bon and stock market pressures, but on the eve of an emergency G-7 Finance Ministers' meeting Friday, I will provide them with a list from my money prescription pad, which, like my kids, they will likely ignore. First, how we got here, or rather the last few days of how we got here. Comment?
Dec 31, 2014 | via Business Wire
Reported quarterly FFOM of $0.57 per fully diluted share or $65.2 million, versus $0.58 per fully diluted share or $62.3 million for the second quarter prior year. Achieved same store wholly-owned occupancy of 88.9 percent as of June 30, 2015 compared to 87.8 percent for the same date prior year. Comment?
Tuesday Jul 21 | via Nu Wire Investor
Foreclosure inventory in the United States has fallen for 43 consecutive months, year on year, down to just 1.3% of homes. The latest data from CoreLogic shows that national foreclosure inventory fell by 27.4% in May compared with the previous year to approximately 491,000 homes. Comment?
5 min ago | via Business Wire
The $2,395,737 class B-5 certificates and $299,444,737 class A-IO-S notional certificates will not be rated. High-Quality Mortgage Pool: The collateral pool consists of very high-quality 30-year, fixed-rate, fully amortizing loans to borrowers with strong credit profiles, low leverage and liquid reserves. Comment?
6 min ago | via NorthJersey.com
The nonprofit group looking to build a $140 million hotel and office complex near St. Joseph's hospital cannot start construction until it reaches a requisite developer's agreement with the city, according to the mayor. The lack of an agreement could cause additional delays for a project that is in danger of losing $21 million in state tax credits if it is not completed by April 2017, according to public records and city officials. Comment?
8 min ago | via Fox News
Thinking about leaving your job? The decision can be both scary and liberating, but if you are ready to follow through, it's important to make sure the process is thought out. Whether you are quitting to get more freedom, higher earning potential or a more enjoyable career path, you will likely need money in the bank and a plan in place. Comment?
5 hrs ago | via Ask MetaFilter
I'm going to be purchasing a house soon in a relatively economically depressed area that has little chance of a renaissance . I'm hoping to purchase a duplex/triplex, or a house with a mother-in-law unit so that I can live in the back and rent the main house. Comment?
13 min ago | via The Mecklenburg Times
DEAR BENNY: We recently listed our house with a real estate agent. We shopped around a long time before deciding on Tom. Comment?
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