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301 Greenview Drive, Crystal Lake, IL 60014

www.chicagolandrealestatelaw.com
lawgoddess1@gmail.com
773.818.9054 office/cell
866.381.4238 efax

Check out my interview, Expert Advice on Buying a Foreclosed Home on Illinois Homes, one of the top sites for Illinois homes for sale, including Wheaton, IL real estate. Illinois Homes also services Michigan homes for sale and Pennsylvania homes for sale.

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Tuesday, April 29, 2008

Home prices set to slide 8% this year!
Well, the bubble is bursting, folks. Or rather that's what the media wants us to think. Really, I think the market is normalizing... Crain's Chicago Business just came out with an article this week that says that home prices in Chicago dipped 5% in 2007 and are set to dip another 8% this year. Hey, 8% isn't that bad, considering in many other markets, prices have dipped MUCH lower than that. Now is a great time to buy, everyone! Home prices in Chicago have always been very high and even so, there are still areas in Chicagoland that are increasing, such as Naperville, Evanston and parts of Lakeview, Lincoln Square, Irving Park and North Center. Prices are predicted to drop another 2% or so in 2009, but I guarantee things will not look this grim forever. Real estate is a GREAT investment. It always will be.

Enjoy your big IRS checks everyone! :)
4:35 pm cdt 


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