From the monthly archives:

July 2010

Best Buy in Lakewood Balmoral – 5210 Magnolia – $ 875,000

July 26, 2010

There are many good choices for vintage, historic homes in Lakewood Balmoral. Two homes have closed this month, but there are still good options available for those interested in buying a single family home.
The best value in this Andersonville historic district is 5210 N Magnolia. The home was purchased just a couple years ago, but [...]

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Edgewater Beach Penthouse with Rooftop Terrace — $ 339,000

July 24, 2010

Not only is my new listing on Edgewater Beach (now Osterman Beach) a spectacular home at an incredible price — it also has a PAST!
Playboy Magazine Designed my Condo Listing?
According to JT, the Beach Point Tower garage man for 48 years, the penthouse at 5801 N Sheridan Road was modified by Playboy Magazine for photo [...]

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ARE CHICAGO CONDO SALES FINALLY HEALTHY?

July 13, 2010

Chicago real estate, particularly condo sales, have been hit by the recession. At one point, the glut of condos on the market exceeded 2 years worth of inventory. Condo sales lagged, priced dropped, and it was a buyers’ market all around.
In June, however, condo sales were great! On Chicago’s north side*, 825 units closed. This [...]

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CHICAGO REAL ESTATE – SINGLE FAMILY HOME SALES THROUGH JUNE 2010

July 11, 2010

Single Family Home sales on Chicago’s north side are looking better all the time. In June, 79 homes closed on Chicago’s north side*, a steady increase over the previous month, and up 84% over June 2009.

Median prices declined this month- down 7% vs the previous month (May ‘10) and -16% vs June 2009.

Inventory levels continue [...]

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Albany Park Condo Open Houses Sunday, July 11

July 9, 2010

Come see these great condos for sale
in Albany Park!….

4830 N Albany 2N- $ 275,000

Open 11 – 1 pm

This fantastic 2 bedroom plus den rehab (1600-ish square feet) is only 4 year new but looks like new construction! Brazilian wood floors, stainless and granite kitchen, sunny front [...]

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Economic Indicators from NAR

July 6, 2010

This week’s economic indicators from the National Association of Realtors are not surprising:

Mortgage applications are down
Consumer Confidence is down from previous month to 53
Pending sales are down, due to the conclusion of the home buyer tax incentives

The house and senate passed an extension so that currently pending sales may close later and still qualify for [...]

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