Yuval Degani's (dreamtown) Blog

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Real Estate Broker/Owner - Dream Town Realty
RECENT BLOG POSTS
Members of Generation Y are the home buyers of today and tomorrow. Gen Y (also known as Millennials and Echo Boomers) is the largest group of consumers since their parents’ generation—the Baby Boomers. This new wave of twenty-somethings is coming into the marketplace at a rate of 4 million people...
04/08/2010
Mayer Daley has announced a new $1 million initiative designed to help first-time home buyers in Chicago. The Home Purchase Assistance (HPA) program will give buyers between $10,000 and $40,000 each to assist with the purchase of new and existing homes in the city of Chicago. The idea is to provi...
03/29/2010
The Museum of Science and Industry has re-opened their Smart Home exhibit after a renovation to update the life-size house with new green products and eco-conscious elements. Get great ideas on how to maintain a more environmentally-friendly lifestyle and learn about innovative new ways to incorp...
03/29/2010
Chicago’s downtown condo market does not have any upcoming projects scheduled after 2011. So if you’re looking to buy a sleek new construction unit, this may be the time to check out your options. There are only a handful of condo projects to be completed in 2010 and two slated for 2011 delivery,...
03/16/2010
Late last year the FHA let it be known that their reserves had dropped below 2%.  As Congress set this minimum the news that the reserves had dropped below it spawned a call to bolster the weakening FHA.  Currently a vast majority of new home buyers purchase their first home with FHA loans.  As s...
01/20/2010
As part of the 2010 Chicago Budget Plan, Mayor Daley set aside some money to assist homeowners hardest hit by jumps in their 2008 second installment property tax bill. The new program offers $50 - $200 to qualifying City of Chicago homeowners. Eligibility is based on income and the amount of a ho...
01/12/2010
When you put your Chicago home up for sale, you’re going to need a great listing to let people know it’s on the market. In the Chicago area alone there are over 140,000 property listings on the MLS (Multiple Listing Service). Here are some common things you can do to create a real estate listing ...
12/15/2009
By now, you may be aware that the federal homebuyer tax credit has been extended through April 30, 2010. The extension was enacted in early November as people were racing to the closing table before the previous November 30th deadline expired. Whether influenced by the narrowing window for the ta...
12/02/2009
The $8,000 first time home buyer tax credit is set to expire at the end of next month. Anyone who closes on their home after November 30th will not be eligible for the tax break. That is, unless Congress decides to extend the program - a proposal that is receiving serious consideration according ...
10/12/2009
A Lincoln Park mansion that recently sold for $5.6 million was the highest priced home sale in Chicago yet this year. The 17-room single-family home was purchased in late August in a short sale for $399k below the asking price. It is the most money paid in 2009 for a residential property in the c...
09/25/2009
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Yuval Degani

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