Sales of new and older single-family homes around West Lawn continued to decline during the first quarter. It was one of the biggest declines seen in the neighborhood in the last three years.
According to data from the Chicago Association of Realtors, a total of just 27 homes were sold in the area during the first […]
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The national real estate market received some good news in May as sales of existing homes inched up during the month. According to the National Association of Realtors, sales of existing single-family homes and condominiums were up by 2 percent.
However, despite the rise in sales, prices continued to fall for existing homes nationwide. The median […]
The real estate market in Portage Park saw a sharp decline in sales during the fourth quarter. According to data from the Chicago Association of Realtors, a total of just 38 homes were sold during the fourth quarter.
This is a drop of 42 percent in just one year in sales and the lowest total sales […]
Neighborhoods fight overcrowding
Published December 29th, 2007 in Neighborhoods, Real Estate and Uncategorized.Neighborhoods around the Chicago region are fighting back against overcrowding. Bensenville officials recently pressed charges against a homeowner who had 14 people living in a home with no heat and raw sewage on the floor.
The home had been rented to a woman who in turn rented the property. The property was divided by […]
Owners of Ambassador have decided to remove the building from the real estate market and invest $21 million in a complete renovation of the property.
The hotel, located in the heart of the Gold Coast, was listed on the market for $71 million. However, many potential buyers were unable to find financing from banks and lenders […]