Monthly Archives: November 2011

Your property value has been declining but your taxes may still rise!

ManyCookCountyproperty tax bills came out in October, and while Chicago and suburban landowners assume their property values have sunk, it may not translate to lower tax bills. Countywide, property owners will collectively pay a 2.68 percent increase — a rise … Continue reading

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Understanding Property Taxes

In October, Cook County property taxpayers received their 2010 2nd installment tax bills, due November 1. For some homeowners and business owners, those bills caused “sticker shock.” Increased tax bills may not only impact the taxpayers directly, but may indirectly … Continue reading

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Market Snapshot

Market Snapshot In the Chicagoland Primary Metropolitan Statistical Area (PMSA), September 2011 home sales, including single-family homes and condos, tallied 6,035. That’s up 13.3 percent from September 2010. The median home price in the Chicagoland PMSA for September 2011 was

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Now is a great time to buy!

U.S. house prices have plunged by nearly a third since 2006, and homeownership rates are falling at the fastest pace since the Great Depression. The good news? Two key measures now suggest it’s an excellent time to buy a house, … Continue reading

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