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Evanston, Illinois
Focused On Your Real Estate Needs.
Interests: Gardening,Sorta play guitar (cowboy chords) I like to play basic blues rock & folk music,I also really like jazz and clasical music,Had a 1947 Pontiac Convertible so I appreciate antique automobiles,I love dogs especially big friendly dogs have a bassette hound and geman sheppard plus,good books and good food.
Recent Activity
Warmer temperatures expected to make living in Evanston much more enjoyable. Out door activities, like the Evanston Dog Beach, add to the quality of life. Continue reading
Posted Apr 9, 2011 at Chicago & North Shore Home Buyer
Co-operative apartments are probably more usual in New York City, but, they exist her in Evanston, Il. Most in our area are nicely maintained buildings. Down payments of 20% or more may be required...but, I have heard of a few boards that are looking to a 10% down payment. Some years ago, if you wanted a co-operative apartment, you had to come up with the full list price. For some there may be to many restrictions, but, co-op home owners want to know and trust their neighbors. For the most part co-ops are 100% owner occupied. Continue reading
Posted Apr 5, 2011 at Chicago & North Shore Home Buyer
Inventories for single family real estate is up in Evanston. Sellers need to determine if there home will be the next home to sell this month, given that only 24 homes sell in any given month. Evanston had 265 active listings, in the Detached or Single Family Residence category. With the current inventory of 265 it could take about 11.3 months to sell that inventory. There are 500 active listings in the Condos, Townhouses or an 19 month supply of attached homes. Continue reading
Posted Apr 4, 2011 at Chicago & North Shore Home Buyer
Waiting for home prices to fall further could cost you more if interest rates increase. If interest rates increase by one percent, there will be a decline of 10 percent in purchasing power. Also potentially costing the consumer tens of thousand of dollars over the life of a conventional 30 year mortgage. Continue reading
Posted Mar 3, 2011 at Chicago & North Shore Home Buyer
Will there be life in the mortgage market with out Fannie and Freddie? There was a time when people got their first home with a mortgage through Fannie or Freddie. Timely mortgage payments and proper use of credit could eventually help one to qualify for a larger loans at lower interest rates. Continue reading
Posted Feb 24, 2011 at Chicago & North Shore Home Buyer
Current vacancy dwelling rate is 9.4% from 2000 rate of 3.8% in Evanston, Illinois. A weakened economy, foreclosures, and unsold new construction is blamed for the increase vacancy rate. More inventory on the market continues to force home prices downward. Continue reading
Posted Feb 22, 2011 at Chicago & North Shore Home Buyer
Declining property values continue to plague the Evanston real estate market. Seventeen percent of all active single family homes in Evanston are listed as short sales. Expect prices to bounce a long at the bottom until inventories are reduced. In the mean time potential buyers should consider getting of the fence as interest rates heat up. Continue reading
Posted Feb 14, 2011 at Chicago & North Shore Home Buyer
Gipper is now following spoonful
Feb 9, 2011
Gipper is now following Geo
Feb 9, 2011
Gipper is now following Kaffeinated
Feb 9, 2011
Market statistics for residential real estate in Evanston, Illinois. A comparison of median prices between December 2009 and December 2010. Also market statistics taken as a whole for Chicago's North Shore suburbs. Comparing December 2009 and December 2010. Continue reading
Posted Feb 4, 2011 at Chicago & North Shore Home Buyer
Last week the U.S. Treasury stopped buying mortgage-backed securities. This gave some people the opportunity to re-finance their mortgages, to get out of adjustable rate mortgages and into 30-year fixed-rate mortgages. Home prices may still be decreasing, but in some areas, prices are starting to stabilize. I believe the interest rate increase could be a wake-up call to many folks who wanted to buy, but were nervous about buying a home because of price declines. Continue reading
Posted Apr 9, 2010 at Chicago & North Shore Home Buyer
Some more positive signs that the economy is headed in the right direction. Most noticeably the recent jobs report which showed the largest gain since last November. But, the 162,000 is only a drop in the bucket when you consider... Continue reading
Posted Apr 2, 2010 at Chicago & North Shore Home Buyer
Not all buyers of short sales are compatible with the purchase of a short sale. The ideal candidates need to have time and money. Time to wait for the closing date. Money for the many up front expenses need to close the deal and protect their interest. Continue reading
Posted Mar 25, 2010 at Chicago & North Shore Home Buyer
In a short sale the home owner owes more money on the mortgage, and other property liens, than the sale of the home will likely produce. And the home owner is unable or unwilling to bring cash to the closing.... Continue reading
Posted Mar 22, 2010 at Chicago & North Shore Home Buyer
Tax Credits for Replacing Windows, Doors, and Skylights Article From By: Gil Rudawsky Published: September 09, 2009 If money seems to be escaping through drafty windows, doors, and skylights, this federal tax credit might make energy-efficient replacements more affordable.... Continue reading
Posted Mar 19, 2010 at Chicago & North Shore Home Buyer
Options for distressed home owners should be considered, and distressed owners should not go it alone. True there will be additional costs, but, consider the costs as an investment to a better credit rating, and peace of mind that you are on the right track. Continue reading
Posted Mar 17, 2010 at Chicago & North Shore Home Buyer
Gipper is now following The Typepad Team
Mar 15, 2010
Snap shop of prices and inventory from 2006 to 2009 for a few of Chicago's north shore communities. Evanston,Wilmette,Winnetka,Glenco,Highland Park,Skokie,Northbrook,Deerfiled. Continue reading
Posted Feb 25, 2010 at Chicago & North Shore Home Buyer
I really believe that we should consider shopping and working with local businesses. And why not start with your bank. Give up your large corporate bank and find a good local bank. Local banks are community stake holders and more inclined to invest in the local community. Does that make sense? Continue reading
Posted Feb 19, 2010 at Chicago & North Shore Home Buyer
Great news for homebuyers! President Obama has approved the Housing Tax Crdit Expansion and Extention bill. The bill is aimed toward first-time homebuyers, and to current home owners who wish to purchase a new primary residence. Continue reading
Posted Nov 10, 2009 at Chicago & North Shore Home Buyer
Gipper is now following michael ruhlman
Oct 13, 2009
Gipper is now following Ryan Star
Oct 13, 2009
Recover appears to be slow but steady in the Chicagoland rersidential real estate market. Prices are still down, and interest rates are low, making this the best time ever to buy real estate. The window is closing on the First Time Buyers Credit of $8,000, and it seems unlikely that Congress will extend the credit. Continue reading
Posted Oct 13, 2009 at Chicago & North Shore Home Buyer
Gipper is now following J. Weitzel
Oct 1, 2009