Lincoln Park 2520 is the next big luxury condo development planned for Chicago’s coveted Lincoln Park neighborhood.
Chicago Condos Online Real Estate Blog
Selling a Chicago Condo? Don’t Price Too High!
Condo owners in Chicago are in a tricky position right now. Why? There are a lot of nearly identical properties on the market that are all competing for a limited number of buyers.
Chicago Condo Sales Jumped 26% in June
Sales of condominium units in the City of Chicago went up 26.7% last month compared to June of 2009. It is an indication that the government home buyer tax credit did indeed stimulate the real estate industry—and perhaps is a sign of stabilization in the downtown housing market…
Single Homebuyers Look Past the Condo for First Purchase
In the past, young singles looking to buy a place of their own leaned toward condos and other attached properties for their first home purchase. But the current economic landscape has made it possible now for many of these unattached homebuyers to afford detached dwellings…
Five-Year Rule of Thumb for Buying a Condo
Ever heard of the Five-Year Rule as it pertains to real estate? For a while the rule was thrown out the window when people were buying properties, flipping them, and selling at a profit after a few months…
Get the Most from Your Chicago Condo Listing
There are tens of thousands of Chicago listings on the market today. So how do you make yours stand out among the crowd? Well, there are a few things you can do to ensure your condo listing gets a look…
Record Low Mortgage Rates – Is It Time To Buy?
Many potential condo buyers have said they are waiting for prices to hit bottom before they want to purchase. Perhaps it’s not home prices we should focus on…
Annual Report of Common Expenses – A Condo Owner’s Right
Your condo association board is required to provide you with a yearly statement of itemized common expenses. This is a provision of the Illinois Condominium Property Act…
5 Tips To Sell Your Condo
You’ve got to be on your game when selling a condo in today’s market. There is a large inventory of unsold units in Chicago right now…
Homeowner Affordability and Stability Plan
President Obama and his administration have been working on a plan to help homeowners avoid foreclosure by making monthly mortgage rates more affordable and available…
