Archive for Grundy County

Lawsuit Approves Illinois Landowner’s Right of Way to Collect

Current and former owners of land located next to or under railroad Rights of Way in Illinois may be eligible for a cash payment thanks to a class action settlement. The case of McDaniel v. Qwest Communications Corp. involves fiber-optic cable and related telecommunications equipment installed in railroad Rights of Way throughout Illinois. The suit [Read More]

More Evidence of a Home Buyer’s Market

Yesterday, we reported about Chicago real estate values and how it will most likely continue to be a buyer’s market for at least the rest of the year. Today, there is more evidence to support that theory. The Illinois Association of REALTORS has released its first quarter 2011 report to show that the sale of [Read More]

Single-Family Home Sales Provide Positive Chicago Real Estate News

The Chicago real estate market posted an increase in sales and median price for the month of February, due mostly to the single-family home sector. Total home sales last month rose 2.1 percent from January in the city of Chicago, according to the Illinois Association of REALTORS latest report. The median home price saw an [Read More]

National, Chicago Real Estate Numbers for January

Nationwide, the housing market posted an unexpected increase in sales last month. Chicago real estate did not fare as well, but some of its surrounding suburbs saw a rise. Let’s start locally. According to the Illinois Association of REALTORS, total home sales in the city of Chicago for January 2011 were down 14 percent compared [Read More]

Tornado-Affected Homeowners to Get Aid from SBA, Not FEMA

Residents in north central Illinois whose real estate was affected by tornadoes that touched down on June 5 are eligible to apply for a low-interest loan to clean up the mess. Governor Pat Quinn on Tuesday announced that the state has been granted a U.S. Small Business Administration (SBA) disaster declaration, which will provide homeowners, [Read More]

July 07, 2010 | Author: Tracey | Comments: (0) | Categories: DeKalb County, Grundy County, Kane County, Kendall County

Home Prices in Illinois Finally Inching Up

Good news about the Illinois and Chicago real estate market is so nice, isn’t it? Well, here is some more, and it happens to be the news we’ve been waiting for. Each month this year we’ve reported on an increase in sales, and April was no different. According to the Illinois Association of REALTORS, 10,323 [Read More]

First-Quarter Home Sales Offer Reason to Celebrate

Suburban and Chicago real estate saw a huge boost in first-quarter sales this year, thanks in large part to the Federal Homebuyers Tax Credit. According to the Illinois Association of Realtors (IAR), the city of Chicago marked the biggest increase, with the sale of existing homes up 41.6 percent in the first quarter of this [Read More]