Even though now is a great time to buy a property due to low prices and historically low interest rates, some people would rather rent. The best thing to do if you need to find a rental or rent your property is contact a Realtor. We can search for your new apartment and make appointments to see them and then negotiate your lease. All this for FREE!
We can list your property for rent on the MLS. Photos will be posted and you won't have to deal with phone calls, showings, or credit reports. We take care of that. Usually the cost to you is one month's rent.
Here is a one bedroom at 3550 Lake Shore Drive that you might like:
http://tours7.vht.com/Viewer/PhotoGallery.aspx?ListingID=50109904&Style=IDX
Friday, November 5, 2010
Wednesday, April 7, 2010
National Open House Weekend
This weekend April 10th and 11th is National Open House Weekend. The goal of this nationwide campaign is to increase consumer awareness of the benefits of buying a home and spread the word about the expanded first time home buyer credit which expires April 30th.
The open house at 3050 N. Hoyne, a beautiful four bedroom single family home in Hamlin Park will be on Sunday from 11:30am to 2pm. Please stop by.
Sunday, February 21, 2010
Single Family Home in Hamlin Park. 3050 N. Hoyne
Just west of Damen, between Diversey and Belmont is a lovely neighborhood called Hamlin Park. I've been familiar with the area for about 10 years because my kids had sports events at Hamlin Park. The park has an outdoor pool, tennis courts, baseball field, basketball court, workout areas and much more in the huge field house. There is even a little Doggy Park on the corner of Hoyne and Wellington. A great area to raise a family....or whatever.
My listing at 3050 N. Hoyne is directly across the street from the park. This single family home has 4 Bedrooms and 3 1/2 Baths. It was lovingly rehabbed in 2006 with high-end finishes and appliances. The well thought out kitchen includes a wine fridge, butler's pantry, and trash compacter. There is a window over the sink looking out at the landscaped back yard and two car garage. There are three bedrooms upstairs and all of the closets are finished. The bathroom decor includes glass tile, granite and stone as well as a rain forest shower. The deep tub downstairs off the fourth bedroom is a relaxing jacuzzi. There is also a family room down and a huge laundry room.
There is plenty of storage at 3050 Hoyne. There is a pull down stairway leading to the attic that can hold a room full of funiture and above the above the garage is an additional 400sq.ft. for storage. Costco is near by and Target is not too far away so stock up.
Contact me anytime for a showing. The price is $775K
My listing at 3050 N. Hoyne is directly across the street from the park. This single family home has 4 Bedrooms and 3 1/2 Baths. It was lovingly rehabbed in 2006 with high-end finishes and appliances. The well thought out kitchen includes a wine fridge, butler's pantry, and trash compacter. There is a window over the sink looking out at the landscaped back yard and two car garage. There are three bedrooms upstairs and all of the closets are finished. The bathroom decor includes glass tile, granite and stone as well as a rain forest shower. The deep tub downstairs off the fourth bedroom is a relaxing jacuzzi. There is also a family room down and a huge laundry room.
There is plenty of storage at 3050 Hoyne. There is a pull down stairway leading to the attic that can hold a room full of funiture and above the above the garage is an additional 400sq.ft. for storage. Costco is near by and Target is not too far away so stock up.
Contact me anytime for a showing. The price is $775K
Sunday, October 18, 2009
Ultra High-end Homes For Sale
According to the article in the CHICAGO TRIBUNE there are plenty of Luxury Properties for sale in the Chicago Area. Everyone is downsizing due to the weak economy. Hopefully, there is relief in the near future but if you are looking to buy a big house now is a great time.
Wednesday, August 26, 2009
Chicago Real Estate: Reasons to be Hopeful
These stats were sent to me from Rubloff....Thanks!
Existing home sales were up nationally 7.2% in July over June and up 4% in the Chicago Metropolitan area for the same period. Even more positive is the fact that home sales in the Chicago area inched up 0.3% in July 2009 versus July 2008, the first year on year increase since March of 2006. Existing home sales in Chicago have been up month over month for six consecutive months!
New home sales were up nationally 9.6% in July over June, and up for the fourth straight month in a row. It is important that we are seeing month over month increases because that indicates a trend upward.
Home prices are up nationally 2.9% in the second quarter of 2009 versus the first quarter and up 1.1% for the same period in the Chicago metropolitan area. This is the first quarterly price rise in three years, indicating a bottom may have been reached.
The inventory of for sale homes is decreasing. The Monthly Supply of Inventory is 9.1 months, down from the high of 22.3 months in December of 2008. The number of for sale homes is down 16% from July of 2008, from 32,151 units to 26,946 units in July of 2009.
The number of homes in the Chicago area that went under contract in July 2009 was 2,335 units, or 23% higher than the 1,900 units under contract in July of 2008.
The average days on market in Chicago have decreased 8% since January from 170 DOM to 157 DOM in July.
Consumer confidence rose in July to 54.1 from 47.4. While a score of 90+ indicates solid growth, an increase in this all important “soft” statistic is amazing given the poor job situation. Consumer spending represents about 70% of the overall Gross Domestic Product (GDP) of the US. A sustainable upward trend in consumer spending will signal the recession is coming to a close.
The Conference Board reports their Index of Leading Economic Indicators is up in July 0.6% after a 0.8% increase in June. "The indicators suggest that the recession is bottoming out, and that economic activity will likely begin recovering soon," said Ken Goldstein, economist at The Conference Board.
Durable goods orders were up in July an unexpected 4.9%. This was the biggest gain in two years. Durable goods orders represent a leading indicator of the health of the manufacturing sector.
Existing home sales were up nationally 7.2% in July over June and up 4% in the Chicago Metropolitan area for the same period. Even more positive is the fact that home sales in the Chicago area inched up 0.3% in July 2009 versus July 2008, the first year on year increase since March of 2006. Existing home sales in Chicago have been up month over month for six consecutive months!
New home sales were up nationally 9.6% in July over June, and up for the fourth straight month in a row. It is important that we are seeing month over month increases because that indicates a trend upward.
Home prices are up nationally 2.9% in the second quarter of 2009 versus the first quarter and up 1.1% for the same period in the Chicago metropolitan area. This is the first quarterly price rise in three years, indicating a bottom may have been reached.
The inventory of for sale homes is decreasing. The Monthly Supply of Inventory is 9.1 months, down from the high of 22.3 months in December of 2008. The number of for sale homes is down 16% from July of 2008, from 32,151 units to 26,946 units in July of 2009.
The number of homes in the Chicago area that went under contract in July 2009 was 2,335 units, or 23% higher than the 1,900 units under contract in July of 2008.
The average days on market in Chicago have decreased 8% since January from 170 DOM to 157 DOM in July.
Consumer confidence rose in July to 54.1 from 47.4. While a score of 90+ indicates solid growth, an increase in this all important “soft” statistic is amazing given the poor job situation. Consumer spending represents about 70% of the overall Gross Domestic Product (GDP) of the US. A sustainable upward trend in consumer spending will signal the recession is coming to a close.
The Conference Board reports their Index of Leading Economic Indicators is up in July 0.6% after a 0.8% increase in June. "The indicators suggest that the recession is bottoming out, and that economic activity will likely begin recovering soon," said Ken Goldstein, economist at The Conference Board.
Durable goods orders were up in July an unexpected 4.9%. This was the biggest gain in two years. Durable goods orders represent a leading indicator of the health of the manufacturing sector.
Thursday, July 30, 2009
First Time Home Buyer $8000 Credit
Find out more about this here. And contact me for information about Chicago Real Estate. Now is a great time to buy a first home (or second too). There are a lot of choices out there for you...low rates, low prices and now this First Time Home Buyer Credit
Thursday, May 28, 2009
Short Sales Quiz
A lot of home buyers might be interested in purchasing a Short Sale, Foreclosure or Bank Owned Property in pursuit of a good deal. More and more opportunities have become available but there are a few things to be aware of...things that I have noticed.
1. It is a good idea to come in with your highest price. There is a good chance that the bank will not counter your offer but move on to a better one.
2. Don't be suprised if the listing agent takes a very long time to get back to you about your offer. Either there is lots of work on the table or they are 'shopping' your offer with the hope of a higher one coming in soon.
3. Cash is king. The bank would much rather accept an offer that does not have a mortgage contingency. You can still get a loan to buy the property but don't make the contract contingent upon it.
4. These places are usually sold 'as is', with no disclosures, and the buyer may have to pay unpaid assessments and taxes.
Click on the title to see how much you know about Short Sales by taking a quiz
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