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 [...]
A new high has been set for homes in East Ravenswood. This single family home at 4420 N Paulina is listed at $3,350,000.
It is a special home, indeed. Built by architect John Morrell in 1900, and situated on a 38 x 165′ lot, this home has ben lovingly restored and updated with all the conveniences [...]
The following homes are now listed as “contract pending” in the Multiple Listing Service:
List Price
Rooms
BR
BA
5659
N
Glenwood
$485,000
8
4
2.1
1655
W
Hollywood
$725,000
11
4
3.1
5540
N
Wayne
$764,900
7
3
2.1
5705
N
Ravenswood
$779,000
9
4
3.1
Today, there are 46 homes for sale in the Edgewater neighborhood, ranging in price from $ 173,000 to $ $2,700,000. During the last 3 months, only 3 homes closed, with a median sales price of $ 862,500.
