The highly anticipated opening of the Trump Tower hotel happened yesterday. The 92story Trump International Hotel &Tower was scheduled to open it’s doors to the public last month. The media really overplayed the delay, bashing Mr. Trump and the pompous project.
I think it’s great that the man kept us guessing, whether […]
Tag Archive for 'chicago-real-estate'
Chicago’s real estate to endure more tax hikes to save the CTA
Published January 31st, 2008 in Chicago Real Estate. 0 CommentsToday, the city’s finance committee is meeting at City Hall to hold a press conference discussing a proposed increase on the city’s real estate transfer tax. A proposed 40% increase will take effect after February 6th, if the votes are favorable. In real numbers, the transfer tax will increase from $4.50 […]
While Chicago home prices don’t seem to be affected much by the continuing price decreasing that we see throughought the country, it is still obvious that the housing market continues to be unfavorable to people looking to sell their property.
The median single-family house price in the United States fell to $220,800, which was down […]
Number of vacant homes on the market nationwide has reached the 2 million mark. The number of vacant homes for sale rose in the third quarter, according to the latest government reading that casts new harsh light on the weakness of the housing market.
The Census Bureau report puts the number of vacant homes for sale […]
Great tax deductions for second homeowners
Published October 6th, 2007 in Real Estate Tips. 0 Comments
This is a great time for buyers to invest in second homes. Chicago has an abundance of great condos at good prices with great rental and appreciation potential. Besides appreciation and rental income, second homeowners can add to their income with great tax deductions.
Mortgage, taxes and insurance
Property taxes
Property insurance
Flood insurance
Liability insurance
Mortgage interest
Private mortgage insurance (PMI)
Refinance […]
Go “green” and increase the value of your home.
Published September 23rd, 2007 in Real Estate Tips. 0 CommentsAhhh, the green craze!! Some of you probably don’t know, but western European countries have recycled for decades. We, as a nation are running behind, but it is never too late to start. And I am thrilled that developments are competing for the best environmental friendly condo project. I hope people […]
The perfect Chicago Real Estate Investor - Carlos Slim
Published August 6th, 2007 in Chicago Real Estate. 0 CommentsThe Chicago Real Estate market is always looking for great and powerful investors and who could really fit this description better than Carlos Slim, recently named the Richest Man in The World. Reading his biography and learned how he was able to build his empire, I think Mr. Slim would be the perfect real estate […]
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