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January 2009 - Posts
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Existing-home sales rose unexpectedly while inventory declined, led by a surge of sales in the West, according to the National Association of REALTORS®. Get Housing Stats and Existing-Home Sales by Region Read More...
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President Obama has been in office for exactly one week, yet he's already proving to have little patience for excessive corporate spending, especially where bailout dollars are concerned. Various media sources report that, upon learning that Citigroup Read More...
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The House Ways and Means Committee is currently deliberating several amendments to the First-Time Homebuyer Tax Credit , which rewards up to $7,500 for homebuyers who purchased or plan to purchase their first home between April 8, 2008, and July 1, 2009. Read More...
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Krain is please to announce the arrival of Erica Perez, Kirk Nortridge, and John Racich. Please feel frre to contact them about their transitions. Read More...
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If all home buyers become eligible for a tax credit without a repayment feature, it could result in an additional 555,000 home sales, enough to meaningfully draw down excess housing inventory, the National Association of REALTORS® says. Read More Read More...
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Submit your nomination for the Good Neighbor Awards today! Recognizing some of the most dramatic, high-impact transformations, renovations, and new construction projects in the Chicagoland area, the Good Neighbor Awards honor those committed to moving Read More...
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Welcome to NotifyChicago! NotifyChicago is a new city service that provides residents with recorded telephone messages, text messages and/or e-mail alerts on various emergency and non-emergency situations taking place throughout Chicago. Register today Read More...
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Click below to see his moving inauguration speech http://www.youtube.com/watch?v=VjnygQ02aW4 Read More...
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Alderman Flores' initiatives were the feature of a recent Chicago Sun-Times column about practical steps being taken "in promoting the transformation of our nation to a green economy". The column highlights the Green Exchange - a collection Read More...
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Among the changes, the buyer’s entire cash investment—as little as 3.5 percent—can be a gift from a family member, employer, charitable organization or local government entity. According to NAR, "FHA is interpreting this to mean Read More...
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Starting Jan. 1, 2009, per the Emergency Economic Stabilization Act, homeowners can benefit from tax credits for energy efficient home improvements (windows, doors, roofs, insulation, HVAC, and non-solar water heaters). Learn more from Energy Star.gov Read More...
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The TARP Reform and Accountability Act (H.R. 384) would require the Treasury Department to develop a program, outside the Troubled Asset Relief Program, to stimulate demand for home purchases and lower property inventories, by making affordable mortgages Read More...
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The city comptroller announced 2009 security deposit interest rate set at 0.12% for the City of Chicago and the state security deposit interest rate is now set at 0.25%. Get up-to-date information on 2009 Security Deposit Interest Rates by clicking here Read More...
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Responding to misinformation in the media and blogs recently about the required size of a down payment for a mortgage in today’s market, NAR issued these facts : An individual may be required to put down 20 percent based on that person’s financial Read More...
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The Internal Revenue Service will be issuing a series of tax tips from now through April 15, 2009. The first is a Top 10 tip list including #1: Gather your records, now! Bookmark the IRS site and also the IRS " Small Business and Self-Employed Filing Read More...
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Steven L. Good, CEO of Chicago-based Sheldon Good and Company, passed away on Jan. 5. His many real estate colleagues and friends will miss his dedication to the industry and countless contributions to the REALTOR® Association on the local, state Read More...
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