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Welcome to Allen Tiernan Real Estate - News:Just announced in Crains Chicago Real Estate Daily:JAMESON SOTHEBY'S INTERNATIONAL REALTY, Chicago: Beth Allen-Tiernan, to broker associate, from broker/owner of Allen Tiernan Real Estate, ChicagoThank you Mike Sato President and Chris Feure CEO of Jameson Sotheby's International Realty. Thank you for bringing me in to your success driven atmosphere; a local office with global reach. This is fantastic news for my clients!
By: Staff December 21, 2011 In the nine-county Chicago area, 5,453 single-family homes and condos sold last month, up 20.7% from 4,518 in November 2010, according to the Illinois Assn. of Realtors. “Little by little, there is some accumulating evidence that there may be some measure of recovery in the housing market,” Geoffrey J. D. Hewings, director of the Regional Economics Applications Laboratory (REAL) at the University of Illinois, said in a statement the Realtors issued Wednesday. Sales in the city of Chicago rose 20.4%, to 1,377, compared with 1,144 in November 2010, the Realtors said. Statewide sales rose 14.1% in November, to 7,954 compared with 6,966 in November 2010. e note that as of 10/1/2011: FHA loan limits for 1 unit properties (single family & condos) are going down from $410,000 to $365,700. That will affect any property listed between $424,870 and $378,960 if the buyer is looking to qualify for the highest possible FHA loan amount.
Case numbers issued after 10/1/2011 will be subject to lower loan amount unless congress changes those.
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Buyers |
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