Good Morning! Despite the fact that Mortgage Interest Rates are near historic lows, applications for new home loans are falling - 11.7% seasonally adjusted during the first week in November, versus the prior week. At the same time, however, mortgage re-financing, ...
[Read More] FINE IN CHICAGO FOR UNLICENSED DRIVERS - $500! Folks, it seems pretty obvious that if you want drive an automobile - anywhere - you better have a valid Driver's License. Duhhhhh! But here, in Chicago , as reported in the Chicago Tribune by John Byrne, ...
[Read More] NEW LOAN VOLUME TRENDS TO LOWEST LEVEL SINCE 2000, DESPITE MORTGAGE RATES BELOW 5%! Years ago - many years ago - say, back in the early 1990's , Real Estate Prognosticators predicted a surge in homebuying interest if only mortgage rates fell. They ...
[Read More] FED $6,500 TAX CREDIT APPLIES TO MANY - BUT NOT ALL - VETERAN HOMEOWNERS! In the flood of news recently to extend the very popular First Time Homebuyer's Tax Credit - which offered up to an $8,000 IRS Check to many first time homebuyers beginning last ...
[Read More] Chicago will be ringing in the start of the Holiday season this Saturday with the 18 th Annual Magnificent Mile Lights Festival on Michigan Avenue between Oak Street and Wacker Drive. If you have never attended this event before, it's a full day of ...
[Read More] Home sales will increase 15 percent and real estate professionals' income will go up 20 percent next year, NAR Chief Economist Lawrence Yun predicted in his residential economic update. Read more >
[Read More] LINCOLN PARK You know, breakfast really is the most important meal of the day. Why not enjoy it with the best accoutrement, bacon. Tomorrow morning, bright and early, a new "breakfast/lunch/brunch temple" opens at 3210 N. Lincoln Ave. The name ...
[Read More] Empty the gas tank Unused gas left in a mower over the winter can get stale, gumming up the carburetor and inviting rust. First, add fuel stabilizer to the tank, then run the mower to distribute it through the system. Turn the mower off and allow the engine ...
[Read More] Consumers have gotten so used to internet activities that the introduction of mobile computing has raised eyebrows not by many but by some who are still up to now skeptic over the true advantages of wireless internet access. While there would always be ...
[Read More] REMOVAL OF SNOW - OR THE LACK THEREOF - CAN COST AN ELECTION! Chicago - my home town! A strange and wondrous place! That's especially true each winter, where seemingly-never-ending snows could lead to traffic turmoil, ungodly travel times, or perhaps ...
[Read More] We're not quite in full swing yet for the Holidays around here in Chicago. How lucky are we to have another quiet, restful weekend before we're back to non-stop activities? Not to fret though. If you feel the need to get out and about, here's ...
[Read More] THE CHICAGO IL REAL ESTATE MARKET, AND OTHER THINGS CHICAGO, FROM THE POINT OF VIEW OF A LITTLE WHITE DOG! Aaahh . . . those wistful summer days hangin' out with my Human Dad, Team Leader, Dean. Those days are now gone for a while - it's about ...
[Read More] ILLINOIS RANKS 6TH IN THE NATION IN HOME FORECLOSURES/TOTAL HOUSING UNITS - REALTYTRAC.COM Nationwide, New Foreclosures on Residential Property fell for the third consecutive month in October. But, in Illinois, especially in Cook County - the county in ...
[Read More] SOME POLICE CITE ITEMS WHICH COULD "MATERIALLY OBSTRUCT" VIEW FROM WINDSHIELD! Is this a case of diligent police officers doing their job? Or, are the cops just getting carried away - and IL Municipalities just seeking more revenue? Or . . . ...
[Read More] Good Evening! Is "The Great Recession" in Housing Over? In many cities, including parts of Chicago , certain types of properties are showing a bit of a sales resurgence (although, in many parts of Chicago and the Chicago Suburbs, Condo Sales ...
[Read More] We at Dean's Team would like to send a thank you and special salute to all the troops who consistently fight for our freedoms as Americans. Happy Veteran's Day. NORWOOD PARK Mark your calendars now for a special presentation by area historian Anne ...
[Read More] You can fix cracks and holes using vinyl concrete patching material. This is by no means a permanent solution, but will get you through the winter. Quickrete makes a good product called professional grade vinyl concrete patch. It comes in 10lb yellow buckets ...
[Read More] On November 5, 2009, the House of Representatives passed H.R. 3548, the Worker, Homeownership, and Business Assistance Act of 2009 (the “’09 Act”) which the Senate had approved the day before. President Obama signed it into law on Friday, ...
[Read More] The question: Is Robert Murdoch bluffing? The short answer: We're not sure, yet. In an interview with Sky News Australia last week, Murdoch accused Google, Microsoft and other search engines of "stealing" his company's content. In the ...
[Read More] FORECLOSURES, UNEMPLOYMENT RISE, BUT, SLOWLY, SO ARE HOME SALES AND MEDIAN SELLING PRICES! Have you survived The Great Recession? Do you still have a job? A home? A little money for the family? Survival itself is not an insignificant feat! Last month, ...
[Read More] DISTRESSED OWNERS NOT QUALIFYING FOR LOAN MODIFICATION COULD LEASE FOR ONE YEAR UNDER DEED FOR LEASE PROGRAM! Inundated by thousands of homeowners on the brink of losing their homes to foreclosure, giant U.S. Mortgage Investor and Guarantor Fannie Mae ...
[Read More] Good Evening! Aside from the sluggish Real Estate Market here in Chicago , there are signs that some sectors of the U.S. Economy are beginning to rebound. However, unemployment is still very high, despite inflation being low. Thankfully for homebuyers, ...
[Read More] DESPITE SIGNS OF IMPROVING ECONOMY, FED TO KEEP RATES "EXCEPTIONALLY LOW"! The U.S. Economy is improving, despite a 26-year high in the U.S Unemployment Rate. Interest Rates are low - less than 5% for some borrowers. President Obama today extended ...
[Read More] THE CHICAGO IL REAL ESTATE MARKET, AND OTHER THINGS CHICAGO, FROM THE POINT OF VIEW OF A LITTLE WHITE DOG! I am so sorry I am tardy with my weekly post, you dogs! Over the last several days, I have been a bit under the weather. My Human Mom, Dean's ...
[Read More] NEW PROGRAM EXPANDS CREDIT TO SOME EXISTING HOMEOWNERS AS WELL! Earlier today, the drama on whether the Federal First Time Homebuyer Tax Credit would be extended into 2010 came to an end. As reported on CNN Money.com, by reporter Tami Lubby, President ...
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