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What We Need Is Another Home Buyer’s Tax Credit

Each month this year that Chicago real estate sales have increased, experts have attributed the rise to the Federal Home Buyers Tax Credit.
July was the first month that buyers could not qualify for that tax credit, so analysts were expecting a drop in sales.
They got it.
According to the Illinois Association of Realtors, total home sales [...]

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Merchandise Mart to Host a Bevy of Real Estate Events This Week

If you have anything to do with real estate, you are going to want to be at the Merchandise Mart this Monday, Tuesday and Wednesday.
The Mart is hosting a slew of event. Right when you walk in the lobby, you’ll find DreamHome, an exhibit put together by the city’s best interior designers to create the [...]

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Ever Consider Joining HBAGC? Now’s Your Chance

Tuesday was National Membership Day for the Home Builders Association of Greater Chicago (HBAGC), and the trade association is offering incentives to join or renew this week.
The HBAGC represents more than 2,000 members in the residential home industry including building, remodeling, design, financing and product manufacturing.
Existing members who renew or new members who join this [...]

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Good News About Mortgage Rates

Mortgage rates are going down again and some are posting record lows.
Freddie Mac announced Thursday that the 15-year fixed-rate mortgage (FRM) averaged 4.24 percent this week, its lowest level since since the home funding company started tracking this information in 1991. Last week’s average was 4.30 percent and a year ago [...]

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HBAGFV to Host Open House this Thursday

The Home Builders Association of Greater Fox Valley (HBAGFV) is looking for members.
John R. Hall, Jr., President of the HBAGFV, said that during the recession, the Association was written off by many, even shunned by some, but those that remained loyal have kept the almost 30-year-old group together and going strong.
May is National Membership Month, [...]