Archive for November, 2011
Less Chicago Real Estate Underwater
Fewer metro Chicago real estate owners found themselves upside-down on their mortgages in the third quarter of this year. According to CoreLogic, 383,625 Chicago-area homeowners owed more on their mortgages than their homes were worth at the end of September. That accounts for 24.9 percent of all homes with a mortgage around Chicagoland; a steep [...]
Watch Where You Park in Chicago Starting Dec. 1
Before you park near your Chicago real estate, beware: There may be no snow on the ground, but the beginning of December still marks the start of the Winter Overnight Parking Ban in the city. The seasonal parking restriction bans motorists from parking along the city’s most critical arterial streets from 3 to 7 a.m. [...]
McHenry New Homes Near Exciting Winter Activity
With Thanksgiving behind us, we can finally start to look forward to all of the exciting winter activities offered near our McHenry new homes. If you’re looking for the best way to enjoy the cold weather then you should visit the sledding hill at the McHenry Township Park this winter. This obstacle free sledding run [...]
Illinois Credit Rating One of America’s Worst
This is just sad: Illinois has been ranked as the second worst run state in the country. For the second year, 24/7 Wall St. compared data from each U.S. state on financial health, standard of living and government services to determine how well each is managed, and then ranked them from 1-50. It’s our credit [...]
Chicago Home Prices the Same as a Decade Ago
Metro Chicago real estate prices have fallen after four straight month-over-month increases. According to the latest Standard & Poor’s/Case-Shiller Home Price Index released Tuesday, home prices in the Chicago metropolitan area in September declined 0.8 percent from August and are 5 percent lower than home prices in September 2010. In fact, today’s home prices around [...]
