Here is our weekly look at the Real Estate market in Chicago and the Suburbs of Chicago. This data was provided by the Chicago Association of Realtors and MLSNI. It includes the 77 communities of Chicago and nearly 300 suburbs of Chicago. I have many articles regarding market statistics for specific neighborhoods within these communities [...]
21
Feb
Wait! They’re having the Oscars in Chicago? Not so much. But it is true that Jon Bon Jovi is performing. That is pretty much what is happening in and around Chicago this weekend. Feels like we’re scratching for things to do until the weather turns. Soon we’ll be talking [...]
21
Feb
UPDATE: THE TRANSFER TAX FOR CHICAGO IS STILL 10.50 PER 1,000 BUT IS NOW SPLIT BETWEEN BUYER AND SELLER. 7.50 PER 1,000 IS THE BUYERS RESPONSIBILY AND 3.50 PER 1,000 IS THE SELLERS. Nothing says Chicago Real Estate these days like Transfer Taxes. A touchy subject after the City of Chicago decided to increase their [...]
20
Feb
Chicago Winter Weather Wonderland
Published in Fun Photo FridayWinter in Chicago. Gotta love it. Why do we put up with it? Because it makes us appreciate the other three seasons? That is probably the most common response when I question our sanity. I’ve lived here my entire life and every so often we have a winter like this that makes me wonder. Maybe [...]
20
Feb
Spring market is picking up here in Chicago. More and more people are getting ready to put their place on the market so I thought now would be a good time to give a few tips on how to get that place ready to show. I’ll go over the interior, exterior and what you should [...]
19
Feb
Before I get started I want to clear up any confusion that may exist when talking about Chicago Communities vs. Chicago Neighborhoods. There is a difference. There are 77 official Chicago Communities and several neighborhoods exist within almost every communities. Last I heard there were roughly 228 neighborhoods within these 77 communities. It gets a [...]
18
Feb
Let’s take a look at what is going on in Lincoln Park Chicago, 60614 over the past six months. As always we’ll be be looking at the total # of units, the days on the market, median sales price vs. average sales price and just for fun the high & low list/sales price. I’ll have [...]
18
Feb
Here’s a closer look at the Lisle, IL 60532 Market Update. As usual we are looking at the past 6 months. Active Listings along with Sold Properties and Properties Under Contract. The total # of units for each category, the market time in days, the Median Sales Price vs. the Average Sales Price as well [...]
15
Feb
So they voted more than a week ago to increase the City of Chicago Transfer Tax from $7.50/$1,000 spent to $10.50/$1,000. An increase of 40%. The increase goes into effect for anything that closes after April 1st. I didn’t write about this immediately because I wanted to do some reading and talk to some people [...]
15
Feb
Chicagoland Real Estate Market Update
Published in Market UpdateIt’s time for our weekly market update for Chicago and the Suburbs of Chicago. The following data was provided by the Chicago Association of Realtors and is for the 77 neighborhoods in the City of Chicago and nearly 300 Suburbs of Chicago. Also known as Chicagoland. I occasionally will provide market statistics for specific Western [...]