When planning to buy a new home, don't be intimidated by these common myths!

Uptown Benjamin Marshall

"The first step is to look for a house"

Before you start browsing for new homes, you have to do some homework. To know the true price you can afford, talk to a mortgage lender and get pre-approved. A lender will break down he monthly payments so that you know what you can comfortably spend. That will translate to your target purchase price. 

Once you are pre-approved, you can focus your search in your price range. When you find a house you like, you are prepared to make a strong offer with your pre-approval letter. Many home sellers will nit even consider an offer that does not include a pre-approval letter. 

During the mortgage approval process, the lender will…

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Christmas Tree in Benjamin Marshall Building

Market Snapshot - City of Chicago

The City of Chicago Market Snapshot represents the residential real estate activity in the 77 officially defined Chicago community areas as provided by the Chicago Association of Realtors. 

 

  • In November 2019, there were 1,660 residential properties sold in Chicago. This was a 10.3% decrease from November 2018.
  • The median sales price of all these properties sold was $270,000, an increase of 3.1% of the same time the previous year 
  • Average days on the market from listing to contract was 80 days, the same as in November 2018

State of the Market

  • In November, the Federal Reserve Bank reduced its benchmark rates for the third time in 2019. This action came as no surprise. Mortgage rates…

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New Year Chicago

Are you finding yourself in the January hole after all the holiday celebrations? It doesn't have to be that way! 

Discover all that Chicago has to offer and start the new year and decade! You don't have to travel far or break the bank to take advantage of all these activities; it's all happening right here!

Drop me a note or send me a picture from your favorite venue!

The Loop  

Rush Hour Concerts at the French Market

Ogilvie Station - every Wednesday and Thursday

River North

Free "Chicago Gallery News" River North Art Gallery Tours

 714 N. Wells Meeting Place - Saturday mornings

West Loop

Glassblowing demonstrations and classes

Ignite Glass Studio - demos every Sunday, class dates vary

Near North Side

Free…

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