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Just the facts..
While the actual number of units that have sold is increasing, the overhang of inventory continues to drag prices downward. Crain's Chicago Business also reported that the Case-Shiller index fell hitting it's lowest level since May, 2000.
"The Chicago-area index is down about 37.5 percent from its peak in September 2006....A combination of the sheer volume of foreclosure suits and the state court system's slow processing of them has created of a logjam of properties moving through the courts."
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The North Shore's Highest Sales in April
Kenilworth - 315 Essex Road (new construction)
List - $3,675,000
Sale - $3,500,000 (95%)
Total Days on Market - 533
Lake Forest - 1331 Elm Tree Road
List - $2,995,000
Sale - $2,650,000 (88%)
Total Days on Market - 30
Winnetka - 339 Linden Street
Original List Price - $3,795,000
List Price - $3,075,000
Sale - $2,900,000 (94%)
Total Days on Market - 1,699
Days on Market at Final List Price - 13
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What Effects Credit Scores?
 If you're trying to raise your credit score to get a good rate for a refinance or HELOC, you might be surprised by what affects-or doesn't affect-your score. Having many credit lines won't necessarily hurt your credit score, so long as you keep balances below 20% of the total credit line. You have to keep your credit score up in case you want to .... Related Posts From the New York Times |
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How Much Does a Typical Kitchen Renovation Cost?
 You know that kitchen renovations tend to be more expensive than other common home improvement projects, but remodeling the kitchen adds enormous value to your home and lifestyle. Dreaming, planning and budgeting often boil down to one question - how much does a typical kitchen renovation cost?
Straight answer....
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