Area Real Estate News & Market Trends for Chicago and Northwest Illinois

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

Jan. 23, 2018

Video Tour of 1717 S. Prairie #802, Chicago, IL 60616 - c

 

Well managed 24 story full, full, full amenities building tucked away in the heart of the historic Prairie District in the South Loop. This spacious unit features an updated kitchen with stainless appliances, granite counter tops, maple cabinet and center island. Laundry in unit with washer & dryer. The spacious & lofty living / dinning room offer great views of the East Loop City Skyline, Soldier Field, Navy Pier Fireworks & expansive views of Lake Michigan. The spacious master bedroom is attached to an even larger master bathroom with separate full sized tub and shower & double vanity sink. Ceiling fans, ASM includes most utilities, internet except electricity, lots of bldg. amenities include recently upgraded Rec/Party Room with large flat screen TVs w/Cable, full kitchen, Meeting Rm, Bike Rm., Full Sized Fitness Center & Sauna. Dog park, On Site Dry Cleaners, On site Mgmt/engineering staff & 24/7 Door person, secured key fob entry & cameras. Garage separately deeded available. To schedule a private showing, see other similar properties or for questions contact: C&C Realty Group, Inc - LoftsNHomes.com 1016 W. Jackson Blvd., Chicago, IL 60607 Tel: 1-888-802-5888 Local: 1-312-276-5418 www.LoftsNHomes.com You can instantly search properties across Chicago land that at are on the MLS and receive updates on new listings as soon as they hit the market,, or get instant market values on my website at www.LoftsNHomes.com How may we help with your real estate needs? Music: Manic Polka by Kevin MacLeod is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/...) Source: http://incompetech.com/music/royalty-... Artist: http://incompetech.com/ Electric Cabello from Kevin MacLeod (https://creativecommons.org/licenses/...) Source: http://incompetech.com/music/royalty-... Artist: http://incompetech.com/

Dec. 20, 2017

6 Tips on Choosing The Right Home

 

 

This video will share 6 tips to figuring out which is the best home for you, once you settle on a couple of neighborhoods for your home search.

 

You can easily search for properties across Chicagoland on our website http://www.LoftsNHomes.com or search for property values of a property by address.

 

If you would like additional assistance from a real estate broker in the purchase of your new home or have additional questions about the home purchasing process, please contact C&C Realty Group, Inc.  www.LoftsNHomes.com and speak with an Accredited Buyer Representative (ABR) at 1-888-802-5888 x7115

 

This is copyrighted 2017 by C&C Realty Group, Inc. www.LoftsNHomes.com  1016 W. Jackson Blvd., Chicago,  IL  60607

Dec. 14, 2017

Action Needed - Tax Reforms Items Effecting Homeowners

Tax Reforms

Normally, we keep the politics out of our everyday business practices and what we share with you on our social media and in our communications with you!  However, the current tax reform proposed by Congress contains some very bad provisions to homeowners in Illinois and across the country!

 

STATE AND LOCAL PROPERTY TAXES

  • State and Local Tax Deductibility: The limitation of deductibility to property taxes only should be expanded to include state and local income taxes and the cap should be increased and indexed to inflation

The original version of the recently passed Senate Bill on the tax reforms originally was scheduled to eliminate in the ability for homeowners to be able to deduct state and local property taxes on their residence.  During some extensive lobbying to Realtors and the National Association of Realtors, a last minute amendment was introduce on the final day prior to passage to continue allowing up to $10,000 of your property taxes to be itemized in your annual tax filings.  While, this may be acceptable and a decent compromise to many homeowners across the country.  Homeowners in IL and City of Chicago may have property taxes that exceed $10,000 annually  We request that you help take action by contacting your legislators to ether increase the property deductibility to its current ability to deduct the full amount or at minimum increase it above 10,000 so all IL homeowners can continue to benefit from their home ownership investments and keep  their hard earned money.


MORTGAGE INTEREST DEDUCTIBILITY

  • Mortgage Interest Deduction: Retain current law maintaining a total cap of $1 million on primary first and second homes.

The interest that you pay on your mortgage currently is fully deductible.  While the Senate version of the bill did not make any changes to this area, it can however be reduced or removed during the joint House-Senate Conferee between the House version of the Tax Reform Bill and the Senate's Version before it can be passed and sent to the President's desk for final signature.  We request that you help take action by contacting your legislators to keep this provision of the tax code its current state!

 

CAPITAL GAINS EXCEPTIONS

  • Capital Gains Exemption: Retain current law of exempting gains up to $250,000 for single filers and $500,000 for joint filers for primary residence lived in for two of the past five years of ownership.

The capital gains exceptions are currently in place and applies when you sell your home.  Currently, the tax laws allow you to avoid capital gains completely for primary residence up to $250,000 for single filers and up to $500,00 for joint filters from the sales proceeds of your home!

Its easy to take action to inform your legislators on how you want them to support you as a homeowner during this joint House-Senate Conference!  Just click on the link below to send them a pre-formatted letter asking them for their support to you as a homeowner in Illinois on these 3 important issues to protect your investment and your hard earned dollars. 

If you have questions about how these affect your household or the value of your home, feel free to contact one of our real estate brokers at C&C Realty Group, Inc - LoftsNHomes who are all members of the National Association of Realtors and have been fighting and advocating for your home ownership rights!  You can also sign up for our brokerage newsletter to stay up too date on various issues affecting homeowners and real estate.

Sign Up For Our Newsletter

 

Dec. 7, 2017

An Overview of VA Mortgages

 

Today we are with Drew Stiegemeier, Vice President of Mortgage Lending from Monitor Financial who will provide us with a Brief Overview of VA Mortgages, the qualifications and how they work. You can easily search for properties across Chicagoland on our website http://www.LoftsNHomes.com or search for property values of a property by address. If you would like additional assistance from a real estate broker in the purchase of your new home or have additional questions about the home purchasing process, please contact C&C Realty Group, Inc. http://www.LoftsNHomes.com and speak with an Accredited Buyer Representative (ABR) at 1-888-802-5888 x7115 For information on obtain a VA or any type of mortgage or to refinances your existing loan, you can contact Drew Stiegemeier, Vice President of Mortggage Lending at Molitor Financial Tell: 618-779-7507 or via Email: DrewS@molitorfinancial.com NMLS: 1406168 This is copyrighted 2017 by C&C Realty Group, Inc. 10www.LoftsNHomes.com16 W. Jackson Blvd., Chicago, IL 60607

Dec. 4, 2017

Zoolights 2017 For The Holidays!

The holiday season in Chicago can be lots of fun and very festive, despite the sometimes cold weather. The Lincoln Park Zoo is free 365 days a year and hosts Zoolights every season between Thanksgiving to Christmas Eve.

We lucked ou this year with fantastic weather at 50 degrees temps which is a bit high from the normal seasonal average when we went Zoolights this year! This video includes some of the light display at Lincoln Park Zoo this year! It was full of people, family and kids on this night due to the nice weather so we could not get good shots of many of the displays. The zoo also kept their animal exhibits open for viewing, had live ice sculpting also for entertainments and a special live light show accompanying music! It is definitely something to experience at least once a year if you are able to during the holiday season. Also thanks to ComEd for sponsoring Lincoln Park Zoo and make this year's exhibits possible and free to the public! For more information about Zoolights and Lincoln Park Zoo, you can visit their website http://www.lpzoo.org/zoolights-presented-comed-and-powershares-qqq-invesco

 

 

 

Copyright C&C Realty Group, Inc LoftsNHomes.com 2017. All rights reserved!

Nov. 29, 2017

Home Buying Strategies On A Budget

If you are a first time buyers with limited financial resources, it's a good idea to purchase a home that meets your primary needs as close as possible. This video will share 3 home buying strategies that maximize your dollars. You can easily search for properties across Chicagoland on our website http://www.LoftsNHomes.com or search for property values of a property by address. If you would like additional assistance from a real estate broker in the purchase of your new home or have additional questions about the home purchasing process, please contact C&C Realty Group, Inc. www.LoftsNHomes.com and speak with an Accredited Buyer Representative (ABR) at 1-888-802-5888 x7115 This is copyrighted 2017 by C&C Realty Group, Inc. www.LoftsNHomes.com 1016 W. Jackson Blvd., Chicago, IL 60607

 

 

Nov. 17, 2017

When Should I Refinance?

 

In this webinar, Drew Stiegemeier, Vice President of Lending for from Monitor Financial reviews when it's a good time or someone to refinance the existing mortgage on their real estate property and what to be prepared for. You can easily search for properties across Chicagoland on our website http://www.LoftsNHomes.com or search for property values of a property by address. If you would like additional assistance from a real estate broker in the purchase of your new home or have additional questions about the home purchasing process, please contact C&C Realty Group, Inc. http://www.LoftsNHomes.com and speak with an Accredited Buyer Representative (ABR) at 1-888-802-5888 x7115 For information to obtain a mortgage or to refinances your existing loan, you can contact Drew Stiegemeier, Loan Originator of Mortgage Lending at Molitor Financial Tell: 618-779-7507 or via Email: DrewS@molitorfinancial.com NMLS: 1406168 This is copyrighted 2017 by C&C Realty Group, Inc. www.LoftsNHomes.com 1016 W. Jackson Blvd., Chicago, IL 60607

Nov. 12, 2017

Welcome To Our Website!

C&C Realty Group, Inc LoftsNHomes.com welcome you to our website where you can search or LoftsNHomes in Chicago and surrounding suburbs 24/7 from real time MLS inventory. No more looking at properties to find out they are off the market of have inaccurate information like some major consumer websites. You can set alerts to receive the newest listings at a frequency of your choosing. Sellers can use our site to get an idea of market value of their home, generate a market report of a particular neighborhood or city. And when you are ready to buy, sell or invest, one of our professional and tech savvy Real Estate Brokers with top certifications and expertise is more than happy to help you further in your transaction, negotiate the best deals on your behalf and ensure a smooth and seamless real estate transaction! We can also refer you to any number of vendor partners, depending on what your needs are. If you would like additional assistance from a real estate broker in the purchase of your new home or have additional questions about the home purchasing process, please contact C&C Realty Group, Inc. http://www.LoftsNHomes.com and speak with an Accredited Buyer (ABR) or Seller Representative (SRS) at 1-888-802-5888 For information to obtain a mortgage or to refinances your existing loan, you can contact Drew Stiegemeier, Loan Originator of Mortgage Lending at Molitor Financial Tell: 618-779-7507 or via Email: DrewS@molitorfinancial.com NMLS: 1406168 This is copyrighted 2017 by C&C Realty Group, Inc. www.LoftsNHomes.com 1016 W. Jackson Blvd., Chicago, IL 60607

 

Sept. 25, 2017

5 Things To Know When Applying For A Mortgage

 

In this webinar, we are talking about the 5 Things To Know When Applying For a Mortgage with Drew Stiegemeier, Loan Originator for from Monitor Financial.

 

You can easily search for properties across Chicagoland on our website http://www.LoftsNHomes.com or search for property values of a property by address.

 

If you would like additional assistance from a real estate broker in the purchase of your new home or have additional questions about the home purchasing process, please contact C&C Realty Group, Inc.  http://www.LoftsNHomes.com and speak with an Accredited Buyer Representative (ABR) at 1-888-802-5888 x7115

 

For information to obtain a mortgage or to refinances your existing loan, you can contact Drew Stiegemeier, Loan Originator of Mortgage Lending at Molitor Financial Tell: 618-779-7507 or via Email: DrewS@molitorfinancial.com  NMLS:  1406168

 

This is copyrighted 2017 by C&C Realty Group, Inc.   www.LoftsNHomes.com 1016 W. Jackson Blvd., Chicago,  IL  60607

July 31, 2017

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

Get Local Market Reports Sent Directly to You

You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates