I've noticed a lot of "for sale" signs, and some "sold" ones, too, in my neighborhood of late. When I was a new homeowner, the annual rash of signs used to freak me out. I thought, "My gosh, we just moved in and all these people are leaving! What's the deal?!" Yes, in every community...
Cook County tax bills were sent out last week, and for a lot of homeowners the bills were a big surprise - and not in a good way. My phone has been ringing with home owners wondering how their taxes moved up so sharply. Home values ... Read Post
First a quote from a Bloomberg story: U.S. Economy: Pending Sales of Existing Homes Decline “When you take away all the support from the housing market, the underlying demand for housing is a lot weaker than we thought,” said Mark V... Read Post
One measure of the health of a housing market is the number of homes homes where the price is being sold at a discount. A high number of homes being sold at cheaper prices indicates homeowners who still hold a deluded view of their ... Read Post