The IRS has posted questions and answers about the homebuyer tax credit. Basically, you qualify if
You haven’t owned a home in the last 3 years
You purchase a home as your primary residence between 4/8/08 and 5/1/10
You close on the home before July 1, 2010
Combined income for a married couple phases out between $ 225,000 to [...]
For an in-town pied a terre or investment property, this one bedroom at 3950 N Lake Shore Drive is worth looking at…
For only $ 125,000, it’s across the drive from Waveland golf course and the harbors, the tennis courts and the lakefront bike paths. At the corner of Irving Park and the drive, you can [...]
New on the real estate market in East Ravenswood this week is
4630 N Paulina, listed at $ 1,395,000…
The home is on an extra deep lot, typical of East Ravenswood homes. In this case – 165 ‘ deep. Tricked out with gorgeous finishes, it is the only one left from Landrosh.
Other homes for sale this month [...]
This month, 1422 W Berteau closed. Originally listed at $1,395,000 , it closed this week at $ 1,019,000 after 202 days on market. The 20’s brick and stucco 3 bedroom home was situated on a 30′ lot.
This is the only home that closed this month — the following homes are currently for sale…
DIY is having an ugliest bath contest…
The funny thing is – as a Realtor, I’ve seen all these and worse!
As of this writing, the pink bath is in the lead. Personally, I think the silver foil wallpaper is frightening.
What do you think?
To see pretty baths in beautiful homes, call Anne Rossley at Prudential Rubloff.
Select this [...]
Lakewood Balmoral has been quiet this month. The entry property (lowest price) is 5323 N Wayne, reduced to $ 595,000. It’s situated on a 33′ wide lot, and the neighborhood resales are high enough to support a lovely rehab on this property.
The top end of the market remains 5511 N Lakewood — Dave Kirk’s gorgeous [...]
I have a suburban client contemplating a cr0ss-country move, and like everyone else who bought 2-5 years ago, he’ll be taking a loss on his home. In negotiating his relocation package, he contemplated how this loss would compare to what he’ll gain by buying in his new city.
Did home prices decline as much there as [...]
Traditionally, Chicago’s real estate market kicks off after the Super Bowl. Our market is usually busiest between February and April — ahead of the suburban market.
Why? Probably because of the traditional May 1 – Oct 1 lease renewal dates. Why and how that started is a mystery to me, but it makes sense that if [...]
In preparing a listing appointment this week for a Lakeview Single Family Home seller, the market data was interesting…
1. Prudential Rubloff does about twice the single family home business in the Lakeview Neighborhood.
2. The market is looking more healthy — with 92 active listings and 63 sales in the last 6 months, we are edging [...]
It’s not often one can find a darling single family home in Andersonville for less than $ 600,000, but now 1665 W. Olive is available for $579,000.
This historic 1899 house has lovely hardwood floors, a newer kitchen, a sunroom, and a large back yard. There’s a family room and office in the lower level and [...]
