New Home Notebook @newhomenotebook ?

active 2 years, 7 months ago
  • New Home Notebook wrote a new blog post: A great rental at Belmonts Lofts close to transit and fun   2 years, 7 months ago · View

    http://www.youtube.com/watch?v=EWfiyJ12RvI For renters looking to a transit-friendly location close to the action, Belmont Lofts is an attractive option. This building at 4131 W Belmont Ave is at the nexus of three Chicago neighborhoods: Avondale, Irving Park and Belmont Gardens . For getting around, the 77 Belmont Avenue bus at the building’s front door. The CTA Blue Line and Kennedy Expressway are close by. Take [...]

  • New Home Notebook wrote a new blog post: Near West suburbs property tax comparisons   3 years, 11 months ago · View

    Thumbnail Rising real estate taxes are becoming an increasingly important factor in home affordability, but they’re only one of many factors home buyers weigh in selecting their next community. Property taxes can vary considerably within a community based on the governmental districts and special assessment districts that have authority to levy taxes on a home. The biggest difference [...]

  • New Home Notebook wrote a new blog post: Property taxes on the North Shore   3 years, 11 months ago · View

    Thumbnail Rising real estate taxes are becoming an increasingly important factor in home affordability, but they’re only one of many factors home buyers weigh in selecting their next community. Property taxes can vary considerably within a community based on the governmental districts and special assessment districts that have authority to levy taxes on a home. The biggest difference [...]

  • New Home Notebook wrote a new blog post: Reeling in Wheeling   3 years, 11 months ago · View

    Thumbnail TribLocal is reporting that the Village of Wheeling may have on hand the cash to fund a deal previously approved with MB Financial and the developer of the Prairie Park condominium project to complete the troubled development and its long-promised but unbuilt clubhouse. According to TribLocal, which reports that 70 of the 240 units in completed buildings remain [...]

  • New Home Notebook wrote a new blog post: South suburbs hit hard by depreciation   3 years, 11 months ago · View

    The October issue of Chicago Magazine features a rundown of home prices and appreciation trends in Chicago’s neighborhoods and suburbs . Chicago’s southern suburbs fared badly – very badly, in a number of cases – in home value appreciation. Negative appreciation, i.e. depreciation, is a more accurate description of the experience of home values in many of Chicago’s southern suburbs. [...]
  • New Home Notebook wrote a new blog post: Heading to Harvard   3 years, 11 months ago · View

    Thumbnail No, not the Harvard that the locals pronounce hah-vud. We’re talking about the once-sleepy far-northwest suburb that rocketed to prominence when Motorola located a large plant there , then landed with a thud when Motorola pulled out. The loss of 1,000s of jobs can put a big hurt on a small community. From a quick glance at some of the properties [...]

  • New Home Notebook wrote a new blog post: Plainfield builders face a tough market   3 years, 12 months ago · View

    Thumbnail Veteran housing consultant and appraiser Tracy Cross reports that the current volume of new home sales is down more than 90% from the peak year of 2005. During the third quarter of this year suburban single-family developments reported only 1.3 sales, on average. There are reasons to speculate that the woes plaguing home builders for the past several years [...]

  • New Home Notebook wrote a new blog post: Tall grass in Lake Forest   3 years, 12 months ago · View

    “When times go bad, when times get rough,” Fleetwood Mac would have you lay down in the tall grass. Join Joe and Jordan Zekas for a drive – with vocals – along Tall Grass Lane, in the Conway Farms development in Lake Forest, where some home sellers have experienced rough times during the past few years. Four homes [...]

  • New Home Notebook wrote a new blog post: The Glen’s Chapel Crossing, in Glenview   3 years, 12 months ago · View

    The Chapel Crossing subdivision at The Glen consisted of large single-family homes. When completed, around 2002, they sold in the $700s to $900s. Buyers who resold in 2005 and 2006 in some cases saw substantial appreciation in price, but prices appear to have reverted to 2002 levels. Recent resales have approximated 2002 purchase prices, and several homes [...]

  • New Home Notebook wrote a new blog post: Straight talk on foreclosure impact by St Charles homebuilder   3 years, 12 months ago · View

    Fox News recently paid a visit to St Charles-based builder John Hall Jr , and walked through one of his custom homes at the Reserve of St Charles . John, who’s a client of our firm , was his usual candid, blunt-talking self during the interview. He predicted that the current foreclosure crisis will lead to some rough days. The ongoing crisis has [...]

  • New Home Notebook wrote a new blog post: Turret, ovall office in Evanston   3 years, 12 months ago · View

    Thumbnail As you can see from the picture, the room is currently a living room awaiting conversion to your very own oval office. And, if you’re not feeling very presidential, it functions well as a living room. The 13-room, 5-bedroom, 5-bath home at 305 Greenleaf St in Evanston last sold for $1,680,000 in July of 2001. It sits [...]

  • New Home Notebook wrote a new blog post: Lake Shore Drive for $199,900   4 years ago · View

    Thumbnail Before you get too excited, read the not-so-fine print. That’s 242 Lakeshore Drive in Crystal Lake , and the home is close to, but not on the lake. Still, at this price, a few steps from the beach, you might want to think “weekend getaway” home. If the listing is accurate, the 11-room, 4-bedroom, 2-bath packs in a lot more [...]

  • New Home Notebook wrote a new blog post: Joliet foreclosures top southwest suburbs   4 years ago · View

    Thumbnail When we last reported on foreclosure filings in Chicago’s south and southwest suburbs, Joliet topped the list with 414 filings. The pace of foreclosures slowed a bit in Joliet during the third quarter of 2010, but it once again ranked first in the area with,370 filings. Dolton, with 175 foreclosures filings, was in second place, while Oak Lawn was [...]

  • New Home Notebook wrote a new blog post: Elgin first in northwest suburban foreclosures   4 years ago · View

    ThumbnailWhen we last reported on foreclosure filings in Chicago’s northwest suburbs, Elgin topped the list with 303 filings. For the third quarter of 2010, Elgin again ranked first with,336 filings. Des Plaines was in second place at 172 filings, while Palatine and Streamwood tied for third with 168 foreclosures. Other northwest suburban municipalies with more than 100 foreclosure filings were [...]

  • New Home Notebook wrote a new blog post: Aurora tops west suburban foreclosures   4 years ago · View

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    When we last reported on foreclosure filings in Chicago’s western suburbs, Aurora topped the list with 572 filings. The pace of foreclosures slowed somewhat in Aurora during the third quarter of 2010, but it once again ranked first in the western suburbs with,509 filings. Bolingbrook, with 259 foreclosures filings, and Cicero with 239 took second and third place. Other west [...]
  • Thumbnail A tipster recently alerted me to two upper-bracket properties that have recently gone under contract. One is a lakefront property in Winnetka and the other, in Kenilworth, is one lot west of the lakefront. Both properties had been on the market for well over a year, and both had seen substantial price reductions. According to public records , 1175 Whitebridge [...]

  • Thumbnail A few short years ago teardown prospects on smaller lots in less desirable parts of Wilmette were selling above the $535,000 asking price of the home at 1133 Lake Ave in East Wilmette . The 11-room, 5-bedroom, 2 ½ bath home sits on a 50 x 185 lot about a block from the Wilmette Metra station and the heart [...]

  • New Home Notebook wrote a new blog post: Hinsdale for $149,000?   4 years ago · View

    Thumbnail Sorry to inform you that the 3-bedroom, 1-bath home listed for sale at 415 Circle Ave in Hinsdale is not in Hinsdale. It’s not even in an unincorporated area that has a Hinsdale mailing address. It is in an unincorporated area, however, and the mailing address is Willowbrook – a very different community than Hinsdale. The correct ZIP [...]

  • New Home Notebook wrote a new blog post: A 3-year old home in East Winnetka   4 years ago · View

    We’ve all seen the hulking McMansions and faux castles that seem totally out of character in their surroundings. Aside from their visual impact, they may have a negative impact on the value of nearby properties. The experienced of architectural dissonance has been far more striking and common in the western parts of Chicago’s North Shore suburbs than [...]

  • New Home Notebook wrote a new blog post: Steep cuts on new homes in Minooka   4 years ago · View

    Thumbnail Smykal Homes is advertising an ” inventory blowout ” sale on new homes in Minooka and Channahon. Smykal has dropped the price on the 5-bedroom, 3-bath home on a 52 x 170 cul-de- sac lot at 321 Chief Ct in Minooka from $299,245 to $264,900. In the same subdivision, the 5-bedroom, 4-bath home on an 82 x 160 lot at 609 River’s Edge [...]

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