Yesterday and today I showed houses in Bartlett. One of the houses is in the Walnut Hills Subdivision which has an excellent homeowners’ association website, WalnutHillsOfBartlett.com. The home’s listing agent brought it to my attention when we were discussing a few questions my buyers had about the home. The site has a wealth of information […]
Oak Park House Prices Direction Varies by Zip Code
I showed 20 houses in Oak Park during the past 2 days to some out-of-state buyers. They asked about what’s happening in the Oak Park housing market and the answer is, “It depends on whether the houses are north or south of Madison Street which divides the 60302 and 60304 zip codes.” Median house prices […]
For Sale By Owner Bedroom Counts
I was quite surprised when I discovered a 3 bedroom house in Palatine advertised for sale by owner last week. I know the house only has 2 bedrooms. Not only is the room the owners are claiming is a bedroom in the basement, you must walk through it to get to the utility room. When […]
Why Sellers Should Confirm Their School Districts
Buying a Home Got Cheaper for the 1st Time in 4 Years!!!
Federal Reserve Chairman, Ben Bernanke (shown left), and the Federal Reserve Board voted unanimously today to lower the federal funds rate (the interest rate that banks charge each other) by 0.5%. This is the first such rate cut in 4 years. Most economists were predicting only a 0.25% cut. For more details, read CNBC.com’s “Fed […]
