Posts Tagged ‘buy’

Chicago is known for its diverse immigrant population, but nowhere is this more evident than the Bridgeport neighborhood. One of the first waves of immigrants were the Irish-Americans. These workers came to Chicago to build the Illinois-Michigan canal. The state’s budget ran short, so instead these workers were paid...

While the number of foreclosures and delinquencies has been on a downward slide, particularly compared to a year ago, affordability in the housing market remains elusive. Home prices have been on the rise. In areas of high demand, these increases are quickly removing the affordability component for both renters and...

Looking for a rental has changed a lot in the past decade. No longer is the search confined to reading through classifieds or chasing after real estate agents. In the digital world, there are a lot of sites available to search for your apartments online. There are sites that offer a simple search, while others give...

Let’s say you’re in a city for a short period, whether traveling through for work, pleasure or family. You may find yourself in need for a place to stay for a few weeks or a couple of months. Not too long, but long enough for a hotel to be too expensive or to impose yourself as a guest of a friend or family member....

When deciding to buy a property, there are several good benefits you can get by hiring a real estate agent. A good agent has a great insight about current conditions in real estate market and can provide you with more specific listings, good legal advice and even negotiate a good deal for you. But they are also...

I love this question. Browsing through different websites, I always see the same articles regarding home rentals: “Buying a home is much cheaper than renting!”, “Why people continue renting, if their monthly rent can cover mortgage payments?” and “American dream is to own a home, not rent it!” I don’t disagree with...

There is an old rule of thumb that no more than 30% of your monthly income should be spent on your rent. Of course, nobody knows if that 30% is gross income or net income. I think that in ideal world, yes, it would be nice if we can spend only 30% of our NET income on rent. In reality that percentage can be much...