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PRICE REDUCTION! GLADSTONE/JEFFERSON PARK CHARMER! CERTIFIED OCTAGON BUNGALOW!!

http://www.dean-team.com/photos/chicago_homes_for_sale_by_deans_team/images/3759706/secondarythumb.aspxGladstone/Jefferson Park, Chicago  -  Announcing a PRICE REDUCTION on 5449 North Monitor Avenue, a 1,278 sq. ft., 2 bath, 2 bedroom Checkerboard Brick Bungalow. NOW MLS $247,400!

Property information

KATHY'S HOME & GARDEN TIPS - MOLD PREVENTION

It is always easier to prevent mold than to clean it. Remember the most favorable conditions for mold growth is moisture. Mold spores naturally occur outside and are helpful in natural decomposition. They are looking for a moist spot to cling to and grow. There are a few ways to keep mold at bay.

Keep all outdoor areas where water can collect clear and open. This includes gutters and drains. Keeping them clear also preserves your foundation and roof. Keep outside basement drains clear to prevent moisture problems inside during heavy rains.

If you have a leak indoors you must act quickly. If you repair and thoroughly dry the area within 48 hours generally mold will not grow.

All air conditioners should be well maintained and checked frequently. Make sure all drain lines are flowing freely. In addition to preventing mold growth this will increase the life of your appliance.

If it is possible keep the humidity in the house below 60 percent, ideally less than 50. Using your air conditioner will keep the humidity down in the summer when humidity is higher. Dehumidifiers are useful in areas like basements where moisture is frequent. They must be monitored and emptied when necessary to maintain efficiency.

Clothes dryers, heaters and stoves all produce moisture and should always be vented to the outside. If you are cooking or running the dishwasher use an exhaust fan or open the window. This is especially important when showering or bathing.

With a little thought, preparation and maintenance we can keep moisture in our homes at a minimum and therefore prevent mold growth too!

KATHLEEN WEAVER-ZECH & DEAN'S TEAM CHICAGO

TECHNOLOGY TIPS - FOOTBALL SEASON IS HERE

So I'll admit that I'm part of a football pick 'em league. For me it's all about the fun of beating those people on the roster who I know personally.  If I win anything else, it's a big high five!

If you are a little more serious about your fantasy football though, there are a couple quick sites to use when putting together your team without having to find a league to join.  You would play week to week with each and they both offer some really good gaming.

The first is called Skyllzone.  You are playing against 9 computer teams and you draft your team each week you play. You can play the free version.  Or you can also participate in the paid version for a chance to win cash.  Win any Points or a Cash game (1st place) to earn an entry into the $100,000 Tournament for Week 15 (Max 7 entries). One cool thing about this service is that you can download the app on your iPad or iPhone.

The second is called FanDuel. You are also playing week to week with this site. This one is a little more intense in that you'll be competing against other users and you'll pay to get into the league. You have a salary cap on the players you can choose and winners are paid out on the same day as the game. You can also withdraw your funds to a PayPal account.  One interesting thing about this site is that football is not the only league you can join.  There is also baseball, basketball and hockey.

GO BEARS!!!

CATHY MALLERS & DEAN'S TEAM CHICAGO

THIS WEEKEND IN CHICAGO - COULD THIS BE SUMMER’S LAST STAND FOR CHICAGO!

Oh Boy!  I’ve been warning you about this for weeks now and here it is – Summer’s Last Stand!  As you know, the Labor Day Weekend marks the official “unofficial” end of summer but here in Chicago we’re just not ready to make it “official” yet!!

The 36th annual Chicago Jazz Festival returns to Millennium Park (201 E. Randolph St.) in The Loop for its traditional Labor Day Weekend artistic creativity.  Since 1979, this jazz fest has showcased not only Chicago’s vast jazz talent but also national and international jazz artists as well with this weekend being no exception.  Saturday’s performers include the Ari Brown Quintet, Gary Burton, Kevin Eubanks, Eric Harland, Dave Holland and Craig Taborn while Sunday’s performers include Cecile McLorin Salvant and Sun Ra Arkestra!

Returning for its 5th year, the North Coast Music Festival returns to Union Park (1501 W. Randolph St.) in the West Town neighborhood on Saturday and Sunday from 1:00 p.m. to 10:00 p.m. with music for all-ages featuring indie rock to hip-hop to electronic by over 50 performers including Kid Cudi, Snoop Dogg, Griz, STS9, Break Science, Talib Kweli, Nicky Romero and a host of others!  Please note that the 3-Day Passes are all sold out and no re-entry into the festival will be allowed.  And, if you’re unable to attend the fest to see your favorite performer, checkout the many After Parties taking place around Chi Town!!

The 4th annual Remix Chicago returns to the Logan Square neighborhood (2200-2300 N. Milwaukee Ave. between Fullerton and California Avenues) on Saturday and Sunday from 12:00 p.m. to 10:00 p.m. featuring a unique mix of juried art assembled from recycled and found materials such as art, clothing, household items, jewelry and much more!  Besides recycled art, live bands, food and educational, eco-friendly workshops such as “After the party” Kites, Pianos on Parade, New Life for Old Bags, Water You Waiting For and others round out this event!

Another traditional Labor Day Weekend fest, Taste of Polonia Festival, returns to the Copernicus Center (5216 W. Lawrence Ave.) in the Jefferson Park neighborhood on Saturday and Sunday (12:00 p.m.-10:30 p.m.) and Monday (12:00 p.m.-10:00 p.m.) for non-stop live music on four stages with more than 30 bands playing polka, rock, pop, jazz and more, a variety of Polish food & beer, a Kids’ Stage and Fun Zone, Bingo, a casino and many other interesting vendors and exhibits!!

To celebrate its first summer in the West Town neighborhood, Bow & Stern Oyster Bar (1371 W. Chicago Ave.) will be hosting a Cajun Crawl Crawfish Boil on Sunday from 4:00 p.m. to 8:00 p.m.  Not only is crawfish on the menu but also beer specials, all-you-can-eat crawfish fixings and live music!  Please note though that Reservations are required!!

If you prefer clams over crawfish, you’re in luck as Deuce’s and The Diamond Club (3505 N. Clark St.) in the Wrigleyville neighborhood will be hosting The Sailor Clambake – Labor Day Party on Sunday at 1:00 p.m.  This event features Sailor Jerry’s Backyard Lemonade, food specials, a photo booth, giveaways and much more!

And lastly, the 2014 Chicago Movies in the Parks series wraps up this Saturday for another year, featuring the following movies at dusk, weather permitting, and free admission at the following parks!

 Saturday

“The Wizard of Oz” – Horner Park (2741 W. Montrose Ave.) – Albany Park
“The Hunger Games: Catching Fire” – Jonquil Playlot (1023 W. Wrightwood Ave.) –
Lincoln Park
“Cloudy With a Chance of Meatballs” – La Follette Park (1333 N. Laramie Ave.) –
Austin

 “Bah-Humbug” It’s Summer’s Last Stand In Chicago!  What Say You?

SUE MOSS & DEAN'S TEAM CHICAGO

CHICAGO NEIGHBORHOOD NEWS - PORTAGE PARK, LINCOLN PARK, LOOP, RAVENSWOOD, EVANSTON

PORTAGE PARK

50 shows, 200 performances and 5 venues!  Check out Chicago Fringe Festival 2014!  Opening night is FREE and features an opening ceremony, previews of participating artists and a dance party.  Thursday 8/28 to Sunday 9/7 (click here for full festival schedule) for $15-$175 per person at Fischman Liquors and Tavern located at 4780 North Milwaukee Avenue.  Please call 773-545-0123 for more information.

LINCOLN PARK

Did you know that The Second City has been turning out famous funny people for 52 years?  Check out The Best of The Second City.  Saturday 8/30 to Saturday 11/29 (click here for dates and times) for $17-$23 per person at The Second City located at 1616 North Wells Street. Please call 312-337-3992 for more information.

LOOP

Famous and up & coming musicians will be rocking out this weekend at the 36th Annual Chicago Jazz Festival. Thursday 8/28 to Sunday 8/31 (click here for a full schedule of performers) at Millennium Park located at 201 East Randolph Street. This event is FREE!  Please call 312-742-1168 for more information.

RAVENSWOOD

The Marvelettes took Motown by storm with such hits as Please Mr. Postman, Locking Up My Heart and Don’t Mess With Bill.  Check out The Marvelous Marvelettes, a musical production featuring these lovely ladies!  Friday 8/29 to Sunday 9/7 (click here for dates and times) for $55-$65 per person at the Black Ensemble Theater located at 4450 North Clark Street.  Please call 773-769-4451 for more information.

EVANSTON

O Romeo, Romeo!  Wherefore art thou Romeo?  Check out the classic Shakespeare tragedy, Romeo and Juliet, by Muse of Fire Theatre.  Saturday 8/30 to Saturday 9/6 (click here for dates and times) at Ingraham Park located at 2100 Ridge Avenue.  This event is FREE!  Please email media@museoffire.org for more information.

CATHY MALLERS & DEAN’S TEAM CHICAGO

KATHY'S HOME & GARDEN TIPS - MOLD PROBLEMS

We have had a lot of rain in the Chicago area in the last couple of weeks. Along with that rain has come very high humidity. These are elements that are essential to mold growth. Moisture is the biggest need for mold growth. Remove the moisture and mold will die.

Molds outside are necessary for breaking down organic material like leaves and dead trees. Inside the house tiny mold spores float through the air until they find a moist spot to land on and reproduce. Even normal mold produce allergens that in certain individuals can cause rashes, runny noses and red eyes. Some mold contain mycotoxins that are toxic.

Mold will not grow without moisture. When you find a mold problem indoors you must clean the area thoroughly and fix the moisture problem.

Different solutions can be used to clean mold and prevent regrowth. Bleach is usually the most effective but can be harsh. Use one cup of bleach per gallon of water. Wear protective clothing, gloves, masks and eye cover when cleaning mold. The EPA even recommends using N-95 respirators, these are available at hardware stores and online. The danger is more from mold spores released when cleaning rather than fumes from the bleach. This is why eye covering without vents is also recommended. Less harsh cleaning agents are vinegar and 3% hydrogen peroxide. Spray them on full strength, let soak in thoroughly and clean off. These recommendations are all for hard surfaces only. Always work in a well-ventilated area, use fans to expedite drying. For porous surfaces it’s almost impossible to remove mold completely. Best choice is to replace items like ceiling tiles, carpeting and dry wall. You can clean the surfaces of mold but it will quickly appear again. Mold spores grow into porous surfaces and are nearly impossible to remove. 

Areas of mold larger than 10 square feet, or where mold is exceedingly black and thick, should be evaluated by a professional licensed in mold remediation.

KATHLEEN WEAVER-ZECH & DEAN'S TEAM CHICAGO

GLADSTONE PARK - CERTIFIED BRICK OCTAGON BUNGALOW!

• 1,278 sq. ft., 2 bath, 2 bedroom bungalow with vintage charm - MLS $257,400

 -  Charming, Immaculate Checkerboard Brick Certified Chicago Octagon Bungalow! Big Living Room with Front Bay features Original Stained Glass Windows – Excellent Condition! Formal Dining Room – Gleaming Hardwood Floors, Unpainted Doors and Trim Throughout! Two Large Bedrooms. Eat-In Kitchen features Walk-In Pantry! Adjacent Heated Office or Den. Finish the Attic for Even More Space! Full Basement is Ready to Finish. New Roof, Boiler. Steps to Park, 3 Blocks to METRA Train to Chicago Loop. Near Blue Line, CTA Buses, Kennedy and Edens Expressways. Top Hitch School. It’s A Vintage GEM!

Property information

TECHNOLOGY TIPS – GET THAT NEW “DO” FOR FREE

Have you ever wanted to just try something new with your hair or get a fresh look without spending an exorbitant amount of money to have it done?

Now you can do just that by using Salon Apprentice.  According to the site, "hair models are in high demand when it comes to advanced training and volunteers benefit from discounted services that are sometimes free (it depends on the salon)."

You can go to the site and sign up as a volunteer in your city (and yes Chicago is on that list). You are in a training situation so don't think you have the most advanced stylist; however, the apprentice is being overseen by a master stylist to make sure the consumer is happy with the outcome. It may take a little longer than you anticipate for a service simply because the apprentice is being taught.

The search function is great for both volunteers and stylists. It's like having a matchmaker for the cut/color you want.  Types of services you might encounter include cut & color, highlights, gray coverage, blow dry & style just to name a few.

CATHY MALLERS & DEAN'S TEAM CHICAGO

THIS WEEKEND IN CHICAGO - SUMMER LIVES ON IN CHICAGO – BACK TO SCHOOL OR NOT!

Some kids may have started school already but it’s still summer here in Chicago and we cherish every bit of this short-lived season around here! So, without further ado, may I introduce you to your weekend plans!!

Returning for its 25th year to the West Loop neighborhood is Taste of Greektown this Saturday and Sunday from 12:00 p.m. to 11:00 p.m. in Greektown (100 to 400 S. Halsted St.). It’s a weekend full of Mediterranean culture featuring a blend of Old World tradition with a 21st Century freshness of tantalizing food and drinks from neighborhood eateries such as Athena Greek Restaurant, Greek Islands, Parthenon, Santorini, Zeus Gyros and others. Besides food galore there will also be plenty of music by Greek bands and performances by belly dancers, games for kids and families alike and a fine arts area! It’s Opa time!!

Returning for its 11th year to the South Loop is Bash on Wabash this Saturday and Sunday on Wabash Avenue between 13th Street and 14th Place showcasing the history, culture, creativity and beauty of this Chicago neighborhood benefitting the Greater South Loop Association and the South Loop Food Pantry. There will be plenty to do as this festival has something for everyone with live music, food and beverages, vendor booths, arts & crafts, an elaborate kid’s bash area and so much more!

It’s time again to celebrate the greatest encased meats Chicago has to offer at this year’s Sausagefest Chicago located at St. Michael’s Church (1633 N. Cleveland Ave.) in the Old Town neighborhood this Saturday (12:00 p.m.-10:00 p.m.) and Sunday (12:00 p.m.-8:00 p.m.) which will benefit the Wounded Warrior Project. Besides sampling a variety of gourmet sausages provided by Bobak’s, Chicago’s Dog House, Bari, Paulina Market, Gilbert’s and Haute Sausage, this festival also features live entertainment, artisan arts, family-friendly games and activities as well as the heated race for the coveted title of “Sausage King of Chicago!” There will also be the Medieval Times SausageFeast and Tournament where real knights will prove their bravery and honor in an epic duel being performed at 12:00 p.m. and 2:00 p.m. both days!!

The Wicker Park neighborhood brings together the World of High Fashion and The Big Easy with the Chicago Fashion Fest (West Division Street between Ashland and Damen Avenues) and the FIRST-EVER Chicago’s New Orleans Festival (North Damen Avenue and West Division Street) this Saturday and Sunday from 12:00 p.m. to 10:00 p.m. Attendees will be able to experience some great Southern food, craft beers and wine, an eclectic music lineup from Dixieland and Zydeco bands to DJs who will be spinning for the more than 20 outdoor runway shows, shopping booths from local designers, a last call sidewalk sale and much more! Haute Couture and Haute Cuisine – who would of thought!!

Lastly, celebrating its 29th year is the Bucktown Arts Fest located across from Holstein Park at 2200 N. Oakley Avenue in the Bucktown neighborhood on Saturday and Sunday from 11:00 a.m. to 7:00 p.m. This non-profit, all volunteer-run celebration of the arts features nearly 200 amazing artists showcasing and selling their art from photography to sculpture to jewelry to mixed media; a Beer Tent offering rare craft brews; Entertainment Stages featuring countless musicians, dancers, performers & poets; a Kids’ Tent (11:00 a.m.-3:00 p.m.) and more!

And finally, the 2014 Chicago Movies in the Parks series features the following movies at dusk, weather permitting, and free admission at the following parks!

Saturday
“The Wizard of Oz” – Oz Park (2021 N. Burling St.) – Lincoln Park

Sunday
“The Help” – Hamilton Park (513 W. 72nd St.) – Englewood
“The Great Gatsby” – Palmer Park (201 E. 111 St.) – Roseland

Summer Ain’t Over Yet -- Get Out There Before It Is!!

SUE MOSS & DEAN'S TEAM CHICAGO
TOWNE PLACE WEST - INCREDIBLE END-UNIT TOWNHOME - TOP SCHOOLS!

• 1,800 sq. ft., 2.5 bath, 2 bedrooms, 2 story - MLS $212,700

 -  Incredible Towne Place West End-Unit 2 Bedroom, 2 1/2 Bath Townhome! Huge Sun-Filled Living Room – Gleaming New Laminate Floors, Vaulted Ceilings, Skylights, Wood Burning Fireplace with Gas Starter! Open Floor Plan – Ample Dining Area! Adjoining Private Patio Overlooks Beautifully-Landscaped Grounds! First Floor Den off Gracious Entry Foyer. Marvelous Eat-In Kitchen – Plenty of Oak Cabinets, Workspace. Separate Eating Area with Tiffany-Style Fixture. First Floor Laundry Room, Half Bath!

Upstairs Features Loft Gallery, Two Large Bedrooms – Master with Big Walk-In Closet, Master Bath with Separate Shower, Soaking Tub, Double Sink. Vaulted Ceilings, Half-Moon Window – Tons of Light!

Great Closets/Storage. Attached Two Car Garage. Quiet Location off Cul-De-Sac, but Convenient to Parks, Community Pool, Clubhouse, Shopping, Public Transit and Tollway. Top Schools! Reasonable Assessments – Sound Community Financials!

For your PRIVATE SHOWING . . . Contact Us TODAY!

Property information

EDISON PARK - RARE QUEEN-ANNE STYLE BRICK GEORGIAN - 2BR/2BA!


• 1,107 sq. ft., 2 bath, 2 bdrm 2 story - MLS $267,400

 -  Heart of Edison Park! Rare Queen-Anne Styled Brick Georgian on Ultra-Quiet Street – Just Three Blocks from Famed Edison Park Restaurants, Shops, and METRA Commuter Train to Loop! Sunny Living Room, Plus Formal Dining Room – Hardwood Floors Throughout. Wood Burning Fireplace. Eat-In Kitchen – Tons of Cabinets, Counter Space. Family Room, Second Full Bath Downstairs. Bedrooms are LARGE, Great Closet Space! Newer Windows, Heat, AC. Big Yard with Lovely Garden. Two-Car Garage. Two blocks to Highly-Ranked Ebinger School. Parks Nearby. Incredible Value, Top Location!

Property information

CHICAGO NEIGHBORHOOD NEWS - NORWOOD PARK, LINCOLN PARK, LOOP, GOLD COAST, NAPERVILLE,

NORWOOD PARK

Well, this car could be systematic, hydromatic, ultramatic. Why, it could be greased lightning!  Check out the First Annual Norwood Park Grease Lighting Carnival.  This four day celebration features a classic car show, live music, DJs, rides, games, beer garden and food trucks.  Thursday 8/21 through Sunday 8/24 (for specific times and cost for passes, click here) at Norwood Park located at 5801 North Natoma Avenue.  Please call 773-763-3606 for more information.

LINCOLN PARK

Hear ye, hear ye!  Time to engage in the Medieval Times SausageFeast and Tournament.  Your ticket includes Medieval Times Show with seating in your Knight’s Section and to partake in SausageFeast including a sausage entree, side and soda.  Proceeds benefit the Wounded Warrior Project.  Friday 8/22 through Sunday 8/24 (for specific times, click here) for $12 per person at St. Michael’s Church at North Avenue and Cleveland.  Please call 773-661-5737 for more information.

SOUTH LOOP

Come see all that the South Loop offers in the Eleventh Annual Bash on Wabash!  DJs, bands, food, beer, wine, arts, crafts, 5K fun on Saturday, 10 mile bike on Sunday, chefs’ demos, kids’ section and so much more.  Proceeds benefit the Greater South Loop Association and the South Loop Food Pantry.  Saturday 8/23 and Sunday 8/24 from noon until 10:00 p.m. for $5 per person (suggested donation) at 1300 South Wabash Avenue.  Please call 773-353-1579 for more information.

GOLD COAST

The Chicago Sinai Congregation invites people of all faith and of any age to join them to celebrate Shabbat on the Beach.  Rabbis Limmer and Levinsky will lead you in a 30 minute music filled celebration on the beautiful shore of Lake Michigan.  Friday 8/22 at 5:30 p.m. at Oak Street Beach located at 1000 North Lake Shore Drive.  This event is FREE!  Please call 312-867-7000 for more information.

NAPERVILLE

Is it time to wine?  Yes it is!  Check out Naperville Wine Festival.  Your ticket includes 12 tastings from over 300 wine selections, souvenir wine glass, pint of beer, Food & Wine seminars, live music and the ability to purchase your favorite wine at a discount.  Friday 8/22 from 4:00 p.m. to 10:00 p.m. and Saturday 8/23 from 3:00 p.m. to 9:00 p.m. for $35 per person ($15 for designated driver ticket) at CityGate Centre located at 2135 CityGate Lane.  Please call 847-382-3270 for more information.

CATHY MALLERS & DEAN’S TEAM CHICAGO

KATHY'S HOME & GARDEN TIPS - LET’S CONTROL THE PAPER

My Mother-in-law passed away recently and we're dealing with the mountains of paper, literally boxes full. This wonderful woman saved everything. I actually found HER mother's baptism certificate!!!

I thought this would be a good time to give suggestions as to what documents should be saved and for how long, and which may go. First, are you a saver of greeting cards or kids' art? There is a great app called Keepy: The New Family Album. Here you can save all kids' pictures and add video and comment! It really is your new family album.

 

These items can be digitized, or their electronic versions stored

Pay stubs- keep for one year

Social Security statements- current

Current Retirement statements

Current investment statements - you should keep these for at least three years after selling.

Tax returns - save for seven years, I do ten.

All home improvement, vehicle repairs, warranties and receipts

Current prescriptions and medical records

Make sure you always back up to some secure Cloud service.

 

Paper that must be saved cause they're f***ing hard to replace!

Social Security Cards, you haven’t lived until you’ve spent 4 hours in a SS office!

Wills and Living Trust, etc.

Birth and Death Certificates

Pension plan documents

Marriage and Divorce certificates

All insurance policies: life, home and auto

House Deeds and Mortgage Documents

Vehicle Titles

 

Additionally, you can shred all banks statement as soon as you reconcile, as well as all deposit slips and atm receipts. Almost all business you have today can be accessed online, including utilities. No need to keep all that paper! I go paperless whenever I’m offered the option. Save a tree, it’s the way to go!

P.S. Keep a Cloud backed digital copy of all your kept documents, God forbid, fire or whatever!

KATHLEEN WEAVER-ZECH & DEAN'S TEAM CHICAGO

TECHNOLOGY TIPS - YOUR NEIGHBORHOOD AND YOUR WHEREABOUTS

This week I had a hard time not sharing more than one piece of technology.  Here I am looking at the newest private social media called Nextdoor. It's an interesting social network that is truly community oriented. According to their information, Nextdoor’s mission is to use the power of technology to build stronger and safer neighborhoods. Just think if you've always seen the same nice man down the street who always waves and you have no idea his name but he knows yours.  Now you can ask your neighbors for his name. While there are other platforms available this one is strict in its implementation.  You have to give your real name and your address. You are in control of where your information is shared and it does not show up on Google. Imagine the community of the 1950s with technology driving the lead.

Speaking of Google, did you know that your activities are tracked by Google maps on your phone? While the information is not 100% accurate, all those sites you use like FourSquare (Swarm), Facebook, etc., it can tell you where you have been.  What's fascinating for most people is that they live in a fairly small circle within their neighborhood or community. It's interesting to see where you've been.  It's also slightly odd to see your movements throughout a given day.  I've found that by turning off the location/GPS on your phone prevents the tracking of your activities so if you want to attempt to keep that information private that's a potential way of doing it.  Or simply turn your phone off.

CATHY MALLERS & DEAN'S TEAM CHICAGO

CHICAGO REAL ESTATE CHECK-UP - FIRST HALF, 2014

YOUNGER BUYERS DELAYING PURCHASE, HOME OWNERSHIP PERCENTAGE FALLING, LOW INTEREST RATES CONTINUE, MORE FOR-SALE INVENTORY, AND FEWER OWNERS IN DISTRESS MARK 2014 IN CHICAGO THUS FAR!

 Unfortunately, still no "Full Recovery Mode" for the Housing Market in Chicago - not yet, anyway!

 But, as Chicago Tribune Real Estate Writer Mary Ellen Podmolik highlights, some positive signs -

-  Of Young Adults, aged 18-34, nearly one-third (31%) are living at home with their parents.  If the trend continues, this could impact the pool of potential first-time home buyers in the mid-term.

The percentage of Americans who own their own homes has dropped to just under 65% of the population.  That's the lowest level for this important real estate metric since early 1995, nineteen years ago.

-  The percentage of Underwater Sellers continues to decline.  Foreclosure Activity in the Chicago Area is down nearly one-third over the level seen in the First Half, 2013.  However, around Chicago, just greater than one percent of homeowners were at some stage of the foreclosure process - or becoming severely delinquent in their Mortgage Payments, from January through June, 2014.

Listing Inventory in the City and Suburbs of Chicago is Increasing, after a Lackluster First Quarter, 2014.  Some attribute the early-year decline to our Brutal Chicago Winter Weather this year.  Nonetheless, nearly 19,000 new listings hit the market here each month in April, May, and June this year.

Interest Rates during the First Half, 2014 are near their historic lows, but rising home prices have made a home purchase less affordable for many prospective home buyers.  Chicago Area Home Affordability, according to Local MLS Service Midwest Real Estate Data, has declined each month in 2014 from their 2013 levels.

-  The Average Chicago Apartment Rent is nearly $1,100 - up 3.7% from year-ago levels.

Our Team, serving Sellers and Buyers on the North and Northwest Sides of Chicago, and in Nearby Suburbs, has experienced a similar level of variability in the Real Estate Market here.  The first five months of the year were sometimes halting, followed by an incredible listing and purchase surge right now.

How will the rest of 2014 play out in the Chicago Real Estate Market?

Stay Tuned!!!

DEAN MOSS & DEAN'S TEAM CHICAGO

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