Illinois housing market swings into spring with jump in home sales, prices

The Illinois housing market had a strong showing in March with home sales climbing 9.6 percent over previous-year levels and the statewide median price  surging 10.7 percent higher,according to Illinois REALTORS

North Shore And Barrington Area Housing Market Increases

Early predictions of a healthy market performance for the first quarter have held true for the North Shore-Barrington housing market. Housing data for March shows the number of new listings and closed sales rose from the same period in 2016, while houses under contact rose substantially, according to the North Shore-Barrington Association of REALTORS® (NSBAR).

New Listings And Listings Under Contract Up In The North Shore And Barrington Area...

New listings in the North Shore – Barrington housing market increased 1.4 percent to 1,158 in August, up from 1,142 in August 2014, according to the North Shore – Barrington Association of Realtors (NSBAR).

North Shore And Barrington Area Housing Market Stable In Face Of National Decline Of...

August 2015—The North Shore and Barrington housing markets remains stable with the number of new listings, closed sales and median sale prices all up compared to July 2014, according to North Shore – Barrington Association of Realtors (NSBAR)

Durbin Statement on Administration Plan to Reform the Housing Market

WASHINGTON, D.C. - February 14, 2011 - (RealEstateRama) -- Assistant Senate Majority Leader Dick Durbin (D-IL) released the following statement after the Obama Administration announced a plan to dramatically reform the nation’s housing markets and to end Fannie Mae and Freddie Mac, the government controlled financing agencies:

Illinois Housing Market Gains Ground in 2010 in a Tough Economy

SPRINGFIELD, IL - February 10, 2011 - (RealEstateRama) -- The Chicagoland region ended 2010 nearly even with home sales in 2009 while statewide the Illinois housing market continued to ride out the turbulent economic times boosted by sales from the homebuyer tax credits. For the year, statewide total home sales (single family homes and condominiums) were down 3.8 percent in 2010 with 103,710 homes sold compared to 107,782 sales in 2009; in the nine-county Chicagoland PMSA, home sales reached 69,010, off just -0.5 percent from 69,367 home sales in 2009

First-time buyers dominate Illinois housing market

More than half of home buyers in the 2009 Profile of Illinois Home Buyers and Sellers were first-time buyers, due in large part to the first-time homebuyer tax credit stimulus and increased affordability in home prices in the last year. The survey results released by the Illinois Association of REALTORS® (IAR) found 51% of buyers were first-time buyers, compared to 47% nationwide (a figure which has averaged closer to 40% nationwide since 2001). When asked about the primary reason for timing of the home purchase, 46% of first-time buyers said it was just the right time.

Biggert Pushes to Extend Homebuyer Tax Credit, Stabilize Housing Market

Washington, DC - October 8, 2009 - (RealEstateRama) -- U.S. Representative Judy Biggert (R-IL-13th) today introduced two related measures aimed at promoting economic recovery by strengthening the housing sector, boosting homes sales, and stabilizing property values. Both bills are fully offset to remain budget neutral and would extend or amplify the popular first-time home buyer (FTHB) tax credit, which is set to expire at the end of November


Investigation by CHA and HUD Inspectors General ends with guilty plea...

The Chicago Housing Authority will receive restitution for money stolen by a former contractor and her husband after the pair pleaded guilty to stealing funds intended for the Housing Choice Voucher (HCV) program, a crime that was exposed following an investigation by the CHA’s Office of the Inspector General.


Make Your Garage Door Quieter

How to Make Your Garage Door Quieter

Did you know that the structural noise from a garage can be anywhere from 5 decibels to 20 decibels above the background noise levels? And if you are wondering how much change would a 20-decibel increase make, then consider this – with a rise of 20 decibels, the sound energy increases by a factor of 100!