Big Bump in July Housing Sales The federal government’s $8,000 tax credit for first-time home buyers appears to be doing its job: according to NAR, sales of single-family homes increased 7.2% in July from a month earlier. So, what will happen come Nov. 30, when the credit is set to expire? I’m hearing — and...Read More
It’s All About the ***Asterisk***I usually let it pass unremarked, but the latest come-on in my mailbox is too good (bad?) to not pass along. (I won’t reveal the name of the company, but it rhymes with Schmifetime Schmitness.) In big, bold letters at the top of the letter: Rejoin for $0 Enrollment Fee and...Read More
How Close is Too Close? I expected the question sooner or later, but I officially received my first, “how is the [Southwest] light rail line going to affect my property value?” inquiry from a Cedar Lake-area homeowner this week. No doubt, the impetus was a series of public hearings the last few weeks that seemingly...Read More
