This is one of the largest, most updated townhomes around! And it is decorated perfectly! New stainless steel appliances - included, new granite counters in large eat-in kitchen, new wood laminate floors, New light fixtures, beautifully finished basement. Large room sizes plus an office! Furnace and A/C just 2 years old. And a wonderful location near 53 for an easy commute and all kinds of shopping for convenience.

Take a Virtual Tour! http://www.visualtour.com/shownp.asp?T=1518487

Though Chicago is a big city, real estate in Chicago has been built to accommodate all types of hopes and dreams. There are chic loft apartments for the young urban professional, affordable cozy brownstones for young families, as well as large, comfortable family homes with backyards complete with swing sets and basketball nets.

Chicago is rich in culture and there are wide selections of shops, restaurants, theatres, museums, and academic institutions as well as many beautiful residential areas. There are many arts and entertainment events that take place in the city year round such as the Blues Festival, Taste of Chicago, and Lollapalooza, among others.

Although Chicago is considered a metropolitan area, it differs from most big cities in that it is divided into a large number of small neighborhoods. It is unexpected, but not unlikely to find quiet, established neighborhoods amidst the city, with lush trees lining the streets and large dogs in the front yards.

The variety of neighborhoods makes it possible for anyone to find real estate in Chicago that is specific to their needs, wants and interests. Wrigleyville is a good neighborhood for sports fans, Wicker Park is home to a large number of young artists, and Boystown is a neighborhood known for its large gay and lesbian community. Also, because Chicago is incredibly diverse, there are a number of ethnically dominant neighborhoods, such as Greektown, Chinatown, and Little Italy, each one offering an array of wonderful restaurants and cultural festivals.

Because there is a high demand for luxury real estate in Chicago, there are a number of new buildings being erected, as well as historic buildings being renovated. While new real estate located in Chicago’s older neighborhoods is less expensive, it is incredibly valuable. There is a selection of new residential construction projects all over Chicago’s south side which are considered such excellent investments that they are being bought before construction is completed. If you are looking forward to relocating to the city, a Chicago real estate agent can help you find your perfect place.

There is also a growing demand for commercial real estate and industrial specialty locations which stimulates Chicago’s strong economy. Chicago IL is the third-largest city in the US, and has the third largest gross metropolitan product. People are drawn by Chicago’s economic appeal as well as Chicago’s ability to mix the big city feel with classic Midwestern values, it seems Chicago has a place for everyone!

www.RealEstateinChicagoIL.com

The Wall Street Journal recently wrote an excellent article minus all the panic you hear about the housing market. In reality, the market is obviously pretty far off it’s highs but many pockets are doing well.  The most important rule to doing well in real estate is, location. On Chicago’s North Shore, the lake and access to easy public transportation have always been it’s primary attractions. Historically, North Shore real estate has proven to be pretty stable in previous downturns. Often the media tends to sensationalize the trouble spots in the market, forgetting the stable areas. It’s a very spotty real estate market now with some areas doing much better than others. Here’s the full article with excellent real world stats.

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This price can not be beat!!  Visit this spacious, high first floor condo featuring tons of windows letting natural summer light in.  Hardwood floors, 9′5″ ceilings, open living and dining room area with sunroom and fireplace.  Large kitchen with great counter space and brand new appliances.  Ensuite master bedroom with 5 head shower and european fixtures.  Side by side washer and dryer.  Great deck for entertaining.  Parking included!  Blocks to lake and red line.  Tell your friends and family about this home. 

VISIT www.4452nmalden1.com for more photos and a virtual tour.

 

 

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Ever feel like this?

Spring is rough on a busy Chicago Realtor. Listings, buy-side transactions, deals gone bad, deals gone good, negotiations, weekends, weekdays, weeknights, follow-up, research, photos, Internet marketing, inspections, walk-throughs, staging, financing, appraisals, offers, rejections, acceptance, open houses, and closings… ahhhh, closings.

Makes it almost worth getting up early every day and working late every night.

Almost.

>Americano new top 10 >>> chicago real estate

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Beautiful, bright & open 2nd floor unit in great condition at a great price! 2 full baths. Vaulted ceilings, skylights, dual sided fireplace, ceiling fans. Eat-in kitchen w/pantry, newer fridge, stove, disposal & all appl incl. Furnace replaced, new water heater, new compressor in a/c unit, even most windows have been replaced making this unit a great value! Low Cook County taxes! FHA approved. Wonderful location!

Take a Virtual Tour! http://www.visualtour.com/shownp.asp?T=1493824

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http://www.youtube.com/watch?v=Cx72FaEgD8w 

                                    

Two bedroom plus office, three bath condo in a great Lakeview block. Close to all of Lakeviews restaurants and shops.  This condo exceptional and dramatic with a two story living room and master bedroom. Soaring ceilings, bright light and a private 29 foot front terrace.  Both bedrooms, on separate floors, have their own suites featuring full baths.  Master includes steam room and whirlpool spa.  Garage parking included.

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This is a great condo at an exceptional price!

See a tour on YOUTUBE at   http://youtube.com/watch?v=RgOOKi4x_JI

 

 

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Recently I was listening to NPR and heard a brief discussion on interest rates and mortgages. I gathered that we are rather spoiled with the availability of stable fixed mortgage rates. Interest rates used to be much more volatile and spiked within a couple of years in the late 1970s and early 1980s. Interest rates had reached up to 17% during this time before taking years to recover.  

Even though there have been a number of unfortunate situations with sub-prime loans recently, it could be a lot worse. When you look at our economic history, fixed interest money has never been as inexpensive to finance than now. This period of low fixed rate mortgages started about five years ago and doesn’t seem to be changing in the near future. Credit has tightened due to trouble in sub-prime lending but with a strong personal financial record and a slightly larger down payment, you can have it to your advantage.  Not a bad situation for a buyer to have lower housing prices and inexpensive lending.  Below is a graph provided by Well’s Fargo Mortgage showing rates dating back to 1972.

For mortgage questions, contact Corinne Guerra of RWF Mortgage.  She’s very dedicated to helping her clients achieve their goals.  She has many years of experience and is highly recommended for her dedication to extending her knowledge and excellence in service. Click here for more details.

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