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Three main factors that impact home sales are price, condition of the property and how long the home has been on the market. How can this trifecta of selling points make or break your Chicago home sale? The fact of the matter is you need to price your home right…
Are you are a Chicago homeowner wondering how to get your home to sell in today’s challenging housing market? Aside from hiring an experienced Chicago listing agent (the likes of Dream Town’s expert sales team), you can take control of the situation by using these 5 tips to better position…
Industry experts are finally giving the nod that the housing market is headed in a positive direction. Home prices are going up, market time is going down and values are stabilizing across the nation. In the Chicago area, sales improved 15.7% in May from the previous month with condos shining…
Temperatures in Chicago are starting to creep up again. And, so are those energy bills. . . unless you use these 9 easy ways to help lower home cooling costs this summer. Tip 1: Keep the shades drawn during the day Especially in rooms that get direct sunlight, pulling the…
Many Chicagoans spend their vacations in Michigan flocking to popular harbor towns, quaint lakeside cottages and camping grounds for weekend trips or even summer-long stays. With Up North home prices still well below peak levels and sales starting to inch up in some markets, it’s a good time for out-of-towners…
A new profile about “Chicago’s greenest home” was published in Inman News this week, written by Mary Umberger, a longtime follower of the local housing market and reporter of Chicago real estate stories. In her latest piece, she delves into the world of state-of-the-art gadgetry and ground-breaking green construction with a visit…
An article in the Wall Street Journal on Saturday said excellent home affordability, extremely low mortgage rates and excess inventory of unsold properties make this a good time to buy. However, experts predict conditions will not stay this good for buyers for long… While there may be a historically high…
Illinois’ housing market experienced the third consecutive month of positive gains in April. Sales of single-family homes and condos rose 8.5% last month and median price went up 4.7% from the month of March, according to statistics from the Illinois Association of Realtors. The city of Chicago also experienced an…
The Cook County “Vacant and Abandoned Building Court Call” is a new program targeting the expanding inventory of distressed properties in Chicago. It will address the issue of vacant homes in Chicago neighborhoods by helping to get those properties razed and removed more rapidly or ready for occupancy faster. Part…
According to the National Association of Realtors, a record-breaking 33% of home sales were cash deals in February. That means a third of residential real estate transactions were paid for upfront, no mortgage necessary. Paying for a property flat-out sidesteps the need for financing, which can speed up the process…
In recent years there has been a noticeable trend toward smaller homes. They cost less to buy, cost less to maintain, and have a number of other advantages that can benefit your family, your pocketbook and the environment. Making a transition to smaller square footage can be difficult though –…
Home ownership is the most affordable it’s been in over four decades. Since 1970, when the National Association of Realtors started keeping track of such statistics, the cost of mortgage payments as compared to an average household income has never been this inexpensive. Home buyers are in a good position…