Thursday, January 18, 2007
The Historic Chicago Bungalow Initiative
Launched by Mayor Richard M. Daley in September of 2000, the Historic Chicago Bungalow Initiative is designed to foster an appreciation of the Chicago Bungalow as a distinctive housing type, encourage sympathetic rehabilitation of Chicago bungalows, and assist bungalow owners with adapting their homes to current needs, which in turn helps to strengthen Chicago bungalow neighborhoods.
The Historic Chicago Bungalow Association is the non profit organization that administers the Initiative. The program offers a variety of financial resources, from grants to loans, and technical resources, from special permit assistance to "how-to" seminars. Certifying your bungalow with the Historic Chicago Bungalow Association is the first step in accessing these financial incentives and benefits.
The Historic Chicago Bungalow Initiative offers grants and other resources for all Historic Chicago Bungalow owners. Unlocking the door to benefits is easy. All that is required is that your bungalow is certified with the Historic Chicago Bungalow Association. Certify your bungalow today.
The Historic Chicago Bungalow Association is the non profit organization that administers the Initiative. The program offers a variety of financial resources, from grants to loans, and technical resources, from special permit assistance to "how-to" seminars. Certifying your bungalow with the Historic Chicago Bungalow Association is the first step in accessing these financial incentives and benefits.
The Historic Chicago Bungalow Initiative offers grants and other resources for all Historic Chicago Bungalow owners. Unlocking the door to benefits is easy. All that is required is that your bungalow is certified with the Historic Chicago Bungalow Association. Certify your bungalow today.
Wednesday, January 03, 2007
The Housing Market Doing Better than Expected for 2007
New Home Sales and Existing Home Sales figures both showed amazing resiliency in the sector and markets are beginning to wonder if the worst of the housing decline is over.
This changes expectations for economic growth in 2007.
We don't know why the numbers were so strong, but only that they dramatically exceeded what economists predicted. Perhaps mortgage rates were on a downward trajectory in November and that lowered the effective cost of owning a home. Or, perhaps sellers finally cracked and agreed to buyer demands. Nevermind the record amount of cancellations, either,
You can only hear the phrase "Buyer's Market" so many times before you actually begin to believe it.
It's still "all eyes on the Fed", though. The Fed has consistently said that it expects housing to lead a broader slowdown in the economy this year and now that housing is not slowing down, the economy is not expected to, either.
This changes expectations for economic growth in 2007.
We don't know why the numbers were so strong, but only that they dramatically exceeded what economists predicted. Perhaps mortgage rates were on a downward trajectory in November and that lowered the effective cost of owning a home. Or, perhaps sellers finally cracked and agreed to buyer demands. Nevermind the record amount of cancellations, either,
You can only hear the phrase "Buyer's Market" so many times before you actually begin to believe it.
It's still "all eyes on the Fed", though. The Fed has consistently said that it expects housing to lead a broader slowdown in the economy this year and now that housing is not slowing down, the economy is not expected to, either.
