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THE "MAGIC BULLET?" WHAT WILL FINALLY SHAKE THE CHICAGO HOUSING MARKET OUT OF THE DOLDRUMS?
CONTINUED RECORD-LOW INTEREST RATES? TUMBLING HOUSE VALUES? FALLING UNEMPLOYMENT? LOWER GAS PRICES? REDUCED DISTRESSED INVENTORY? FOR MOST . . . "WHO KNOWS!" Here in IL, the rate of Home Foreclosures continues to drop. According to Ivrine CA-based Read More...
GET IT, HOME SELLERS: MOST HOME PRICES STILL DOWN! SOMETIMES . . . WAY DOWN FROM NOT-SO-LONG-AGO LEVELS!
HOMEGAIN SURVEY: OVER TWO-THIRDS OF HOMEOWNERS FEEL THEIR HOUSE IS WORTH MORE THAN POTENTIAL LISTING AGENT RECOMMENDS! Here in Chicago , and in most Chicago Suburbs , Average Home Sales Prices have fallen considerably since their zenith in mid- 2006 - Read More...
GLOBAL CRISES DRIVING DOWN MORTGAGE INTEREST RATES!
T-BILL YIELDS, WHICH PORTEND CURRENT RATES, FALL AS INVESTORS FLOCK TO THEM FOR SAFETY! Despite what appears to be a spotty recovery in the Chicago Real Estate Market, rates for the money to buy real estate here is still near historic lows. With last Read More...
FORECLOSURE FREEZE - NOT NECESSARILY ALL GOOD NEWS!
QUESTIONABLE FORECLOSURE PROCESSING PRACTICES GIVE MANY DISTRESSED HOMEOWNERS MORE TIME. BUT FORECLOSURE MORATORIUM COULD CHILL HOUSING MARKET RECOVERY! Depending on where you live in Chicago, Foreclosures and Short Sale Properties could make up as many Read More...