Grandview (Carpentersville, IL)
By Jason Proctor
(Real Living)
This is an open-letter that I sent to my clients earlier this evening. Based on the ‘rapid-fire' news that has come our way over the past few weeks I felt it necessary to give an update as well as my views moving forward. "Uncle Sam is turning into Uncle CEO. But will the new corporate suit be a good fit?" - Jim Puzzanghera, Los Angeles Times, 9/21/08 http://www.latimes.com/news/nationworld/nation/la-fi-newboss21-2008sep21,0,1355734.story Although this all truly started back in March with JP Morgan Chase's buy-out of Bear Stearns (with $29 billion of loan guarantees by the US Government), the past few weeks have been a roller coaster ride as it pertains to our economy and, more importantly, the real estate market.  Lehman Brothers filed for Chapter 11 bankruptcy.  Bank of America agreed...
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Carpentersville, IL Real Estate Professionals