RSS

RSSAll Entries Tagged With: "economic recovery"

Senate Seeks To Extend Tax Credit For First-Time Home Buyers

Chicago real estate could use a boost as could the rest of the nation as it reels in a two-year long housing recession.  As prices and sales of homes in the Chicago continues to stagnate to levels not seen in some areas since World War II, the Senate is reportedly ready to extend the tax [...]

Remodeling Your Home – Quiz Your Chicago Contractor And Yourself

As home prices continue to plunge or stay flat in the Chicago real estate market, perhaps that remodeling project is seeming more feasible than selling your home.  Maybe you’ve been putting off remodeling your kitchen because you figure, ‘I’ll be moving out of here into a newer, better home before I can’t stand it anymore.’  As a [...]

First Time Buyers May See $8,000 Federal Tax Credit Extended

Washington is seriously thinking about extending the current $8,000 tax credit for first-time buyers beyond its November 30th expiration date and expanding it to a wider circle of principal home buyers. There are growing concerns in the Obama Administration and Congress over worrisome prospects for reducing the nation’s lengthening unemployment lines and further strengthening the [...]

Developer Sean Conlon Betting On Chicago Condo Revival After 2011

Developer Sean Conlon is reportedly in the process of planning a seven-story apartment building in the River West area at 1100 W. Grand Ave.   Conlon is betting that demand for near-downtown residences will revive in coming years.
The Irish native and chairman and of Chicago-based Conlon & Co, recently applied for a zoning change to [...]

First Time Home Buyer? This is YOUR time!

Chicago Agent Magazine says if you are a first time home buyer, this is your time to purchase a new home.  With interest rates at their lowest in almost 50 years and a wide selection of housing choices available in the Chicagoland area, 2009 might be the year of home ownership for many who had [...]