Local real estate news in Chicago

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Real Estate Broker/Owner - The Gramata Realty Group @properties - Available upon request
Real estate news, market information, podcasts, movies, featured property listings & trend and statistics for buyers, sellers, developers and investors of real estate in the Chicago area. Virtually all the news that's fit to post.
RECENT BLOG POSTS
This spacious renovated Edgewater four-unit condo development has integrated contemporary features while maintaining the original vintage charm. This building features three, 3 bedroom 2 bathroom condos and one, 2 bedroom 2 bathroom residence.Click here for a link to our featured property pageCli...
11/09/2006
 Buy a home through me or Sell your home through me!  Cruise for two on me! Five days/Four nights to Mexico, the Bahamas or the Western Carribean on Carnival Cruises (and their subsidiaries). Click here for more cruise information on my website as well as my buyer and seller services page. Don't ...
11/09/2006
Buying and Selling a Home in the City of Chicago: Bill Pavala, Assistant Commissioner of the Department of Housing and Senior Housing Coordinator, will present "Buying and Selling a Home in the City of Chicago: City Programs That Benefit You"When: Wednesday, November 15, 10:00am-11:00amWhere: 670...
11/09/2006
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The National Association of Realtors launched a new ad campaign today pitching those prospective buyers to BUY NOW.Why buy now according to the campaign?Interest rates have fallen seven months in a row and are near 40-year lows. Inventories of existing homes are higher than they have been in deca...
11/03/2006
I have released the third quarter market report for my local contacts in the Chicago region. For a copy of the report please write or email us and we will be glad to send you a copy. Give us your mailing address and we'll mail you a quarterly report as they become available.Here is a link to our ...
10/30/2006
Click below to see some great market statistics for the Chicago region.Be sure to click on the Real Estate link to see some interesting market statistics for the various neighborhoods in Chicago. I am a bit skeptical on some of the areas based on my experience, but in general the data looks good....
10/30/2006
Join me at the International Real Estate Expo - November 3 at Navy Pier. The real estate industry is changing every day and that includes expanding markets. It used to be Florida was THE destination of choice for second home buyers or retirees, but now you can be in the Carribean or Mexico in ano...
10/30/2006
It was reported recently that Chicago has twice as many foreclosures than the national average! Wow. That is in part due to aggressive investors who thought the market would never soften, partly due to agents who did not give good advice and partly due to lax lending rules. Those times are changi...
10/30/2006
Bad News Bonds: Good for Rates Remember, when the bond news is bad that is good for our mortgage rates. Overnight real estate rates tumble for a 30-year fixed rate at 6.31%; 10-year Treasury yield at 5.06%Now more than ever (because these rates won't stay down for a long time), it is a buyers mar...
09/10/2006
Rate Hikes Pauses: Who Cares? Yes in an historic move (not done in the last 18 months anyways) the Federal Reserve Board has decided to halt their consecutive increase in interest rates at their meeting yesterday.What does this mean for mortgages?Not much.What does this mean if you have a home eq...
09/10/2006
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Jim Gramata

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Real estate news, market information, podcasts, movies, featured property listings, trends and statistics for buyers, sellers, developers and investors in the Chicago area. Virtually all the news that's fit to post. View Jim Gramata's profile on LinkedIn