3 Things to Say "YES" to as a Home Buyer
As a home buyer, you may find yourself saying "no" to things like properties you're not fond of, prices that are too high, locations you don't want to live… Well, here are a few occasions where it can really benefit your home buying power to say "yes"!
[Read More]Posted at 10:28AM Sep 30, 2009 by Beverly Bahm in Buying Comments[0]
You’re invited to Dream Town’s featured properties this weekend! Get a first-hand look inside some of our featured condo and loft listings this Saturday and Sunday. Here’s a rundown of what you’ll find, plus links to more info, property photos, floor plans and additional showing requests—in case you can’t make it this weekend!
[Read More]Posted at 01:39PM Sep 25, 2009 by Chandra Rose in Open House Comments[1]
The door to your U.S. government gift of $8,000 is about to close. The federal housing stimulus program based on a tax credit for first-time home buyers expires November 30, 2009. Don’t confuse this with a tax deduction. It is a dollar for dollar tax credit subtracted from the income taxes you actually owe.
[Read More]Posted at 10:13AM Sep 25, 2009 by Bob Billimack in Buying Comments[0]
October 2nd is rapidly approaching and with it the announcement of the Olympic Bid winner. Chicagoans are polarized about whether or not it is going to benefit their city. Let’s hear your opinions regarding the matter. Do you think the benefits of having the Olympic Games outweigh the potential strain on our city's resources?
[Read More]Posted at 11:52AM Sep 24, 2009 by Julius Dickens in General Comments[1]
As an investor looking for residential properties in Chicago, can I find a property that cash flows?
For quite a long time, it has been nearly impossible to find a rental where “cash flows” in the trendier parts of Chicago (same in other major cities). A building “cash flows” if its income (rents) pay all expenses—and hopefully even provides a monthly “profit”.
Posted at 09:38AM Sep 21, 2009 by Bob Billimack in Buying Comments[2]
It’s supposed to be a gorgeous weekend in Chicago (could be one of our last this year). So why not get out and enjoy the day by touring some of the city’s must-see properties? Dream Town is hosting open houses at several featured homes this Saturday and Sunday, plus one great timber loft space on Tuesday, too!
[Read More]Posted at 12:17PM Sep 18, 2009 by Nykea Pippion-McGriff in Open House Comments[0]
Highest Priced Chicago Home Sale in ‘09
Chicago’s most expensive home sale so far this year was sold in August by Christine Carr of Dream Town. The 17-room mansion in Lincoln Park went for $5.6 million after 56 days on the market. It is the highest price paid in 2009 for a residential property within the City of Chicago.
[Read More]Posted at 11:43AM Sep 17, 2009 by Nykea Pippion-McGriff in Selling Comments[1]
Visit Dream Town’s featured properties this Sunday, September 13. Our listing agents are showing a variety of homes throughout the city and suburbs. Thinking of buying a loft with timber beams or a single family home with a white picket fence? We’ve got both, and a whole lot more. Come see for yourself!
[Read More]Posted at 01:05PM Sep 11, 2009 by Bob Billimack in Open House Comments[0]
What’s an FHA Loan, and is it the right loan for you?
FHA Loans are a type of mortgage that is insured by the Federal Housing Administration. It is commonly used by home buyers who do not have capital for the conventional percentage of the purchase price as down payment. Here are a few frequently asked questions about FHA loans to help you decide whether it is right for you.
[Read More]Posted at 10:37AM Sep 10, 2009 by Bob Billimack in Financing Comments[0]
Chicago Real Estate Update: Big Brokerages Consolidate
Two of Chicago’s largest real estate brokerages combined forces yesterday – the latest example in a string of similar consolidations resulting from slow sales and falling revenues. According to reports by Crain’s Chicago Business, Prudential Preferred acquired Rubloff Residential on Tuesday to create Prudential Rubloff Properties.
[Read More]Posted at 10:22AM Sep 10, 2009 by Nykea Pippion-McGriff in Market News Comments[0]
What About the Housing Market After the $8k Tax Credit Expires?
The $8,000 tax refund has been valuable to stimulating the housing market, at least we’ve seen it in the Chicago market. Buyers are coming out of the woodwork and they’re excited to reap the benefits of buying before the tax credit runs out on November 30. The question is: Once the incentive is over, what will happen to our housing market?
[Read More]Posted at 11:35AM Sep 08, 2009 by Chandra Rose in Market News Comments[0]
Home Energy Rater (HER) is a relatively new profession. A HER is someone you can hire to rate your home’s “greenness.” They also offer tips and tricks for making your existing home more energy-efficient and sustainable. The advice they give can lead to a lifetime of cost savings and a healthier environment for you and your family.
[Read More]Posted at 01:48PM Sep 02, 2009 by Beverly Bahm in Green Real Estate Comments[0]
