Friday Afternoon Real Estate News Roundup
● Borrowers rush in as mortgage rates slip below 5% (Chicago Tribune)
● Chicago single-family-home sales jump, but condos are still suffering (Chicago Tribune)
● Short sales spread across real estate market, leaving frustration in their wake (Chicago Tribune)
● Local home sales up for 2nd straight month (Chicago Real Estate Daily / Crain’s)
● How this week’s FOMC statement affects mortgage rates and homeowners (The Mortgage Reports / Dan Green)
● What the housing ‘rebound’ means for you (CNN Money)
● Rents could skyrocket due to tax increases (Chicago Sun Times)
Be sure to visit one of the 60646 weekend open houses. Have a great weekend.
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Tags: Buyers, Chicago, Market Conditions, Mortgage, Real Estate, Sales, Sellers, Short Sale
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Ha! They'll fall in the winter and then rise again in the spring just as the sun rises in ...
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