The Civic Federation came out with an extensive study on the 7%. Their conclusion is - median increase across the city - 44% tax hike on residential properties...if the 7% is not renewed.
They gave examples in some areas like Englewood - TAX INCREASES OF 162%...we are not talking assessment increases - we are talking actual tax increases.
IAR and CAR oppose this renewal. The Civic Federation wants the 7% renewed with only the $20,000 "cap"...with tax increases on the average of anywhere from $2,000 to $5,000 (increases added onto a bill)
TRAC is saying, along with the Assessor and the Mayor - $20,000 is not enough. We want to see the cap increased to $60,000 which the Civic Federation said would result in a 2% DECREASE in residential property taxes. Sounds good to us!
This is just an FYI...no call to action yet...
Monday, March 26, 2007
Reminder - Forum on Community Service and Safety Initiatives, Saturday, March 31
Reminder ♦ Forum on Community Services and Safety Initiatives
Saturday, March 31
Where: Nicholas Senn High School When: Saturday, March 31, 2007
5900 N. Glenwood Avenue 10:00 a.m. until 2:00 p.m.
West Parking Lot entrance
Representatives from the Aldermen's Offices will explain their role in service for the community, and representatives from various city and county agencies will also be on hand with materials describing their work and services offered to the community.
Please join us for the three session themes during the forum:
1. Safety tips for children and seniors, street safety, self defense tips and recognizing gang activity and signs;
2. Various ways members of the community can actively participate in improving neighborhood safety through the CAPS and Court Advocacy Programs, and tips on when and how to use 311 and 911 services;
3. Demonstration of privately funded surveillance cameras, an important aspect of the ECC Safety Initiative.
In addition, ECC will present special recognition awards to the 20th & 24th District Police for their continued dedicated service in Edgewater.
The forum is sponsored by Edgewater Community Council and the 48th/ 40th Ward Aldermanic Offices.
www.edgewatercommunitycouncil.org
Edgewater Community Council, Inc. ¨ 6044 N. Broadway ¨ Chicago, Illinois 60660 ¨ 773-334-5609
Edgewater Community Council (ECC) is a 501(c) (3) not-for-profit and voluntary membership organization formed in 1960 to improve the quality of life in the diverse Edgewater community. The Edgewater community is located between Foster Avenue (5200N) and Devon Avenue (6400N), and between Lake Michigan and Ravenswood Avenue (1800W).
* * *
Edgewater Community Council
Saturday, March 31
Where: Nicholas Senn High School When: Saturday, March 31, 2007
5900 N. Glenwood Avenue 10:00 a.m. until 2:00 p.m.
West Parking Lot entrance
Representatives from the Aldermen's Offices will explain their role in service for the community, and representatives from various city and county agencies will also be on hand with materials describing their work and services offered to the community.
Please join us for the three session themes during the forum:
1. Safety tips for children and seniors, street safety, self defense tips and recognizing gang activity and signs;
2. Various ways members of the community can actively participate in improving neighborhood safety through the CAPS and Court Advocacy Programs, and tips on when and how to use 311 and 911 services;
3. Demonstration of privately funded surveillance cameras, an important aspect of the ECC Safety Initiative.
In addition, ECC will present special recognition awards to the 20th & 24th District Police for their continued dedicated service in Edgewater.
The forum is sponsored by Edgewater Community Council and the 48th/ 40th Ward Aldermanic Offices.
www.edgewatercommunitycouncil.org
Edgewater Community Council, Inc. ¨ 6044 N. Broadway ¨ Chicago, Illinois 60660 ¨ 773-334-5609
Edgewater Community Council (ECC) is a 501(c) (3) not-for-profit and voluntary membership organization formed in 1960 to improve the quality of life in the diverse Edgewater community. The Edgewater community is located between Foster Avenue (5200N) and Devon Avenue (6400N), and between Lake Michigan and Ravenswood Avenue (1800W).
* * *
Edgewater Community Council
Reminder - Forum on Community Service and Safety Initiatives, Saturday, March 31
Reminder ♦ Forum on Community Services and Safety Initiatives
Saturday, March 31
Where: Nicholas Senn High School When: Saturday, March 31, 2007
5900 N. Glenwood Avenue 10:00 a.m. until 2:00 p.m.
West Parking Lot entrance
Representatives from the Aldermen's Offices will explain their role in service for the community, and representatives from various city and county agencies will also be on hand with materials describing their work and services offered to the community.
Please join us for the three session themes during the forum:
1. Safety tips for children and seniors, street safety, self defense tips and recognizing gang activity and signs;
2. Various ways members of the community can actively participate in improving neighborhood safety through the CAPS and Court Advocacy Programs, and tips on when and how to use 311 and 911 services;
3. Demonstration of privately funded surveillance cameras, an important aspect of the ECC Safety Initiative.
In addition, ECC will present special recognition awards to the 20th & 24th District Police for their continued dedicated service in Edgewater.
The forum is sponsored by Edgewater Community Council and the 48th/ 40th Ward Aldermanic Offices.
www.edgewatercommunitycouncil.org
Edgewater Community Council, Inc. ¨ 6044 N. Broadway ¨ Chicago, Illinois 60660 ¨ 773-334-5609
Edgewater Community Council (ECC) is a 501(c) (3) not-for-profit and voluntary membership organization formed in 1960 to improve the quality of life in the diverse Edgewater community. The Edgewater community is located between Foster Avenue (5200N) and Devon Avenue (6400N), and between Lake Michigan and Ravenswood Avenue (1800W).
* * *
Edgewater Community Council
Saturday, March 31
Where: Nicholas Senn High School When: Saturday, March 31, 2007
5900 N. Glenwood Avenue 10:00 a.m. until 2:00 p.m.
West Parking Lot entrance
Representatives from the Aldermen's Offices will explain their role in service for the community, and representatives from various city and county agencies will also be on hand with materials describing their work and services offered to the community.
Please join us for the three session themes during the forum:
1. Safety tips for children and seniors, street safety, self defense tips and recognizing gang activity and signs;
2. Various ways members of the community can actively participate in improving neighborhood safety through the CAPS and Court Advocacy Programs, and tips on when and how to use 311 and 911 services;
3. Demonstration of privately funded surveillance cameras, an important aspect of the ECC Safety Initiative.
In addition, ECC will present special recognition awards to the 20th & 24th District Police for their continued dedicated service in Edgewater.
The forum is sponsored by Edgewater Community Council and the 48th/ 40th Ward Aldermanic Offices.
www.edgewatercommunitycouncil.org
Edgewater Community Council, Inc. ¨ 6044 N. Broadway ¨ Chicago, Illinois 60660 ¨ 773-334-5609
Edgewater Community Council (ECC) is a 501(c) (3) not-for-profit and voluntary membership organization formed in 1960 to improve the quality of life in the diverse Edgewater community. The Edgewater community is located between Foster Avenue (5200N) and Devon Avenue (6400N), and between Lake Michigan and Ravenswood Avenue (1800W).
* * *
Edgewater Community Council
Thursday, March 22, 2007
Disruptions in CTA Service - April 2
Are You Ready?
- A P R I L 2 -
Massive Disruptions in CTA Service!
The CTA has scheduled MAJOR construction at the Fullerton and Belmont stations beginning April 2 that will adversely impact the Red Line.
As a result, the CTA will reduce the number of trains by 25% during construction and has warned -
· Commuters northbound from the Loop may expect trip time to double.
· Trip time into the Loop may increase up to 50%.
· Construction is scheduled to last for three years.
The CTA has planned NO viable alternatives for commuters-except to add a few extra buses. At the same time, current "slow zones" will continue in full effect.
This will have a MAJOR impact on Edgewater residents and businesses:
· Significantly increased commute time for residents;
· Extremely overcrowded trains, train platforms, buses and bus stops;
· Dangerously increased traffic moving through Edgewater.
As a result, ECC is making a major effort to:
1. Put pressure on the CTA to delay the beginning of the construction and to work with affected communities to come up with a real plan.
2. Gather ideas and generate community discussion on what can be done to help alleviate the impact on Edgewater.
3. Coordinate with other affected organizations inside and outside of Edgewater.
Time is very short-We all need to speak up!
ECC is implementing a postcard/letter campaign to Mayor Daley asking him to exert his influence on the CTA to delay the 3-year project until an acceptable plan is developed with the affected communities along the Red Line.
Please. Send the attached letter to Mayor Daley.
Edgewater Community Council, Inc. ¨6044 N. Broadway ¨ Chicago, IL 60660 ¨ 773-334-5609
Edgewater Community Council (ECC) is a 501(c) (3) not-for-profit and voluntary membership organization formed in 1960 to improve the quality of life in the diverse Edgewater community. The Edgewater community is located between Foster Avenue (5200N) and Devon Avenue (6400N), and between Lake Michigan and Ravenswood Avenue (1800W).
Letter Link* * *
Edgewater Community Council
Forward email
This email was sent to thall@rubloff.com, by info@edgewatercommunitycouncil.org
Update Profile/Email Address Instant removal with SafeUnsubscribe™ Privacy Policy.
Powered by
Edgewater Community Council 6044 N. Broadway Chicago IL 60660
- A P R I L 2 -
Massive Disruptions in CTA Service!
The CTA has scheduled MAJOR construction at the Fullerton and Belmont stations beginning April 2 that will adversely impact the Red Line.
As a result, the CTA will reduce the number of trains by 25% during construction and has warned -
· Commuters northbound from the Loop may expect trip time to double.
· Trip time into the Loop may increase up to 50%.
· Construction is scheduled to last for three years.
The CTA has planned NO viable alternatives for commuters-except to add a few extra buses. At the same time, current "slow zones" will continue in full effect.
This will have a MAJOR impact on Edgewater residents and businesses:
· Significantly increased commute time for residents;
· Extremely overcrowded trains, train platforms, buses and bus stops;
· Dangerously increased traffic moving through Edgewater.
As a result, ECC is making a major effort to:
1. Put pressure on the CTA to delay the beginning of the construction and to work with affected communities to come up with a real plan.
2. Gather ideas and generate community discussion on what can be done to help alleviate the impact on Edgewater.
3. Coordinate with other affected organizations inside and outside of Edgewater.
Time is very short-We all need to speak up!
ECC is implementing a postcard/letter campaign to Mayor Daley asking him to exert his influence on the CTA to delay the 3-year project until an acceptable plan is developed with the affected communities along the Red Line.
Please. Send the attached letter to Mayor Daley.
Edgewater Community Council, Inc. ¨6044 N. Broadway ¨ Chicago, IL 60660 ¨ 773-334-5609
Edgewater Community Council (ECC) is a 501(c) (3) not-for-profit and voluntary membership organization formed in 1960 to improve the quality of life in the diverse Edgewater community. The Edgewater community is located between Foster Avenue (5200N) and Devon Avenue (6400N), and between Lake Michigan and Ravenswood Avenue (1800W).
Letter Link* * *
Edgewater Community Council
Forward email
This email was sent to thall@rubloff.com, by info@edgewatercommunitycouncil.org
Update Profile/Email Address Instant removal with SafeUnsubscribe™ Privacy Policy.
Powered by
Edgewater Community Council 6044 N. Broadway Chicago IL 60660
Tuesday, March 20, 2007
Edgewater Community Council Website
www.edgewatercommunitycouncil.org
We are very pleased to announce the new Edgewater Community Council Web site.
Timely Safety Information ¨Just-In-Time Community News ¨Up-to-Date Program Details
ECC Newsletter ¨Monthly Calendar of Events ¨Block Club Locator
Easy Navigation ¨Useful Links
Stay informed. Visit the site regularly. Make a difference - be involved.
Edgewater Community Council, Inc. ¨ 6044 N. Broadway ¨ Chicago, Illinois 60660 ¨ 773-334-5609
Edgewater Community Council (ECC) is a 501(c) (3) not-for-profit and voluntary membership organization formed in 1960 to improve the quality of life in the diverse Edgewater community. The Edgewater community is located between Foster Avenue (5200N) and Devon Avenue (6400N), and between Lake Michigan and Ravenswood Avenue (1800W).
We are very pleased to announce the new Edgewater Community Council Web site.
Timely Safety Information ¨Just-In-Time Community News ¨Up-to-Date Program Details
ECC Newsletter ¨Monthly Calendar of Events ¨Block Club Locator
Easy Navigation ¨Useful Links
Stay informed. Visit the site regularly. Make a difference - be involved.
Edgewater Community Council, Inc. ¨ 6044 N. Broadway ¨ Chicago, Illinois 60660 ¨ 773-334-5609
Edgewater Community Council (ECC) is a 501(c) (3) not-for-profit and voluntary membership organization formed in 1960 to improve the quality of life in the diverse Edgewater community. The Edgewater community is located between Foster Avenue (5200N) and Devon Avenue (6400N), and between Lake Michigan and Ravenswood Avenue (1800W).
Tuesday, March 13, 2007
Please OPPOSE Legislation to Increase the Illinois Real Estate Transfer Tax
Please OPPOSE Legislation to Increase the State Real Estate Transfer Tax
Recently, two bills increasing the state transfer tax were introduced in the Illinois General Assembly. The Home Builders Association of Illinois is opposed to both HB 728 and SB 445.
These bills increase the state's tax on the sale and transfer of real estate property on a graduated basis. The tax could increase from $1 per $1000 up to $10 per $1000, depending upon the sale price of the property. The money generated by the real estate transfer tax is dedicated to open space land acquisition and affordable housing. Both of these funds were recently swept by the Governor for other state budgetary purposes; using your property taxes to fund general state operations.
In addition, in 2005, the Home Builders Association of Illinois supported a $10 fee on the recording of all property transfers. That revenue is dedicated to affordable rental housing. Now, the same housing advocates are back with their hands in your pockets.
Contact your legislator today to oppose HB 728 and SB 445!
Click the following link to take action on this issue.http://votervoice.net/Groups/HBAIL/?Screen=Alert&IssueID=9792
Recently, two bills increasing the state transfer tax were introduced in the Illinois General Assembly. The Home Builders Association of Illinois is opposed to both HB 728 and SB 445.
These bills increase the state's tax on the sale and transfer of real estate property on a graduated basis. The tax could increase from $1 per $1000 up to $10 per $1000, depending upon the sale price of the property. The money generated by the real estate transfer tax is dedicated to open space land acquisition and affordable housing. Both of these funds were recently swept by the Governor for other state budgetary purposes; using your property taxes to fund general state operations.
In addition, in 2005, the Home Builders Association of Illinois supported a $10 fee on the recording of all property transfers. That revenue is dedicated to affordable rental housing. Now, the same housing advocates are back with their hands in your pockets.
Contact your legislator today to oppose HB 728 and SB 445!
Click the following link to take action on this issue.http://votervoice.net/Groups/HBAIL/?Screen=Alert&IssueID=9792
Monday, March 5, 2007
Chicago Condo Market Overview for February, 2007
Below is our monthly report on February sales, which were down 7% over January and down 5% compared to February 2006.
Market time in February was up 10% over January but down 2% compared to a year earlier.
For detailed charts on Month Over Month and Year Over Year: Go now to Market Overview.
Ric Cox, President & CEO
Market time in February was up 10% over January but down 2% compared to a year earlier.
For detailed charts on Month Over Month and Year Over Year: Go now to Market Overview.
Ric Cox, President & CEO
Sunday, March 4, 2007
Red Line Meetings Start This Monday
Red Line Meetings Start this Monday
Edgewater Red Line Corridor Revitalization
Are you interested in the future of your Red Line Station? The local non-profit community development organization, Edgewater Development Corporation, is partnering with the University of Illinois at Chicago to cultivate a community vision for Edgewater's four Red Line stations and surrounding retail districts.
We invite you to help form the vision at the following community design charrettes. The charrettes take place in two stages over two dates: the first involves gathering vision from the community; and the second involves presenting various options based on input from the first charrette and receiving additional community feedback.
This all leads to a final proposal to be released over the summer. Our elected officials will use this vision to advance the revamp of the north branch of the Red Line. Space is limited, so please RSVP to the number or e-mail listed below:
Berwyn & Bryn Mawr Stations:
Monday, March 5th, 2007 St. Andrews Church, 5649 N Sheridan Rd
Monday, April 30th, 2007 St. Andrew's Church, 5649 N Sheridan Rd
Thorndale & Granville Stations:
Monday, March 12th, 2007 Loyola University, 6333 N Winthrop
Monday, May 7th, 2007 Loyola University, 6333 N Winthrop
Light refreshments will be served from 6:30-7pm.
Charrettes will take place from 7-9pm.
To RSVP or get additional information, contact Adam Burck at Edgewater Development Corporation,
e-mail info@edgewaterdev.org , call 773-506-4016, or visit: www.edgewaterdev.org
Can't attend a charrette but still have ideas to share? Go to https://email.rubloff.com/exchweb/bin/redir.asp?URL=http://rs6.net/tn.jsp?t=4psgh6bab.0.sqdeh6bab.evywm8n6.2241%26ts=S0231%26p=http%253A%252F%252Fwww.edgewaterdev.org%252F to take our survey about these stations and retail districts.
Event Sponsors:
HARRY OSTERMAN
STATE REPRESENTATIVE
14TH District
Edgewater Red Line Corridor Revitalization
Are you interested in the future of your Red Line Station? The local non-profit community development organization, Edgewater Development Corporation, is partnering with the University of Illinois at Chicago to cultivate a community vision for Edgewater's four Red Line stations and surrounding retail districts.
We invite you to help form the vision at the following community design charrettes. The charrettes take place in two stages over two dates: the first involves gathering vision from the community; and the second involves presenting various options based on input from the first charrette and receiving additional community feedback.
This all leads to a final proposal to be released over the summer. Our elected officials will use this vision to advance the revamp of the north branch of the Red Line. Space is limited, so please RSVP to the number or e-mail listed below:
Berwyn & Bryn Mawr Stations:
Monday, March 5th, 2007 St. Andrews Church, 5649 N Sheridan Rd
Monday, April 30th, 2007 St. Andrew's Church, 5649 N Sheridan Rd
Thorndale & Granville Stations:
Monday, March 12th, 2007 Loyola University, 6333 N Winthrop
Monday, May 7th, 2007 Loyola University, 6333 N Winthrop
Light refreshments will be served from 6:30-7pm.
Charrettes will take place from 7-9pm.
To RSVP or get additional information, contact Adam Burck at Edgewater Development Corporation,
e-mail info@edgewaterdev.org , call 773-506-4016, or visit: www.edgewaterdev.org
Can't attend a charrette but still have ideas to share? Go to https://email.rubloff.com/exchweb/bin/redir.asp?URL=http://rs6.net/tn.jsp?t=4psgh6bab.0.sqdeh6bab.evywm8n6.2241%26ts=S0231%26p=http%253A%252F%252Fwww.edgewaterdev.org%252F to take our survey about these stations and retail districts.
Event Sponsors:
HARRY OSTERMAN
STATE REPRESENTATIVE
14TH District
Thursday, March 1, 2007
March Calendar or Events - Edgewater
March Calendar of Events
AA and Al Anon meetings: North Shore Baptist Church, 5244 N. Lakewood, 773-728-4200: AA Sat. 10 am, 4 pm; Youth AA, Wed. 6:30 pm;
AA/Alanon, Wed. 8 pm; Immanuel Lutheran Church, 1500 W. Elmdale, 773- 743-1800: Al Anon Fri. 10:15 am; St. Gertrude Ministry Center, 6214 N. Glenwood: 773-561-5343: Al Anon Thurs. 7:30 pm, St. Ita’s Church,5500 N. Broadway, 773-561-7343 : AA Tue. 7 pm; Ebenezer Lutheran Church, 1650 W. Foster, 773-334-5609: AA Mediation, Tue. 7:45 pm, AA Thur. 7:45 pm, AA Fri. 7:30 pm, AA Sat. 7 pm, Women’s A A, Sun. 6 pm, Men’s AA Sun. 6 pm.; Church of the Atonement , 5749 N. Kenmore, 773-271-2727: AA Mon: 8 am, 7pm;CA, 8 pm; NA Tue., 7:30 pm; AA Wed. 6 pm, AA Thurs. 7 pm, AA, Fri., 7 pm.
Chicago Public Library’s High Speed Wireless Internet System, Edgewater Library, 1210 W. Elmdale. All you need is a wireless enabled laptop computer, tablet PC or PDA. Library’s network is open to all visitors and free of charge without filters. 312- 744-0718
Neighborhood Walks are conducted every Monday by the EPIC Block Club and North Edgewater Beach Association. Cellular phones are used for 311 and 911 calls. Walks begin at 8:00 pm northeast corner of Thorndale and Broadway. Dogs on leashes are welcome. Information 773-381-1345
Dog Walking/Safety Patrol, 6 pm, every Thursday, meet in front of Swift School, 5900 N. Winthrop,773-334-5609
Edgewater Historical Society Museum, Open every Saturday, 1-4 pm, 5358 N. Ashland, 773-506- 4849 Sewing Classes Every Tuesday, 10 am –12 pm, 6044 N. Broadway, 773-381-1346
Teacher in the Library, Mon., Tue, Thur.,3:30- 7:00 pm, Wed., 5:30 pm, Help with Homework, Edgewater Library, 1210 W. Elmdale, 312-744- 0718
Cell phone/Printer Cartridge Recycling Program, Gerber/Hart Library, 1127 W. Granville, accepts expired cell phones and computer printer cartridges, 773-381-8030
Continuing Fridays in March, Lenten Fridays- Stations, Soup, and Taize Prayers, 6 pm, St. Ita Church. 5500 N. Broadway, 773-561-5343
Continuing through March 3,“Stop Kiss” presented by Raven Theatre, 8:30 pm, Fri. & Sat., 3:30 pm, Sun.,$15, Students/Seniors $12, 773-338-2177
AA and Al Anon meetings: North Shore Baptist Church, 5244 N. Lakewood, 773-728-4200: AA Sat. 10 am, 4 pm; Youth AA, Wed. 6:30 pm;
AA/Alanon, Wed. 8 pm; Immanuel Lutheran Church, 1500 W. Elmdale, 773- 743-1800: Al Anon Fri. 10:15 am; St. Gertrude Ministry Center, 6214 N. Glenwood: 773-561-5343: Al Anon Thurs. 7:30 pm, St. Ita’s Church,5500 N. Broadway, 773-561-7343 : AA Tue. 7 pm; Ebenezer Lutheran Church, 1650 W. Foster, 773-334-5609: AA Mediation, Tue. 7:45 pm, AA Thur. 7:45 pm, AA Fri. 7:30 pm, AA Sat. 7 pm, Women’s A A, Sun. 6 pm, Men’s AA Sun. 6 pm.; Church of the Atonement , 5749 N. Kenmore, 773-271-2727: AA Mon: 8 am, 7pm;CA, 8 pm; NA Tue., 7:30 pm; AA Wed. 6 pm, AA Thurs. 7 pm, AA, Fri., 7 pm.
Chicago Public Library’s High Speed Wireless Internet System, Edgewater Library, 1210 W. Elmdale. All you need is a wireless enabled laptop computer, tablet PC or PDA. Library’s network is open to all visitors and free of charge without filters. 312- 744-0718
Neighborhood Walks are conducted every Monday by the EPIC Block Club and North Edgewater Beach Association. Cellular phones are used for 311 and 911 calls. Walks begin at 8:00 pm northeast corner of Thorndale and Broadway. Dogs on leashes are welcome. Information 773-381-1345
Dog Walking/Safety Patrol, 6 pm, every Thursday, meet in front of Swift School, 5900 N. Winthrop,773-334-5609
Edgewater Historical Society Museum, Open every Saturday, 1-4 pm, 5358 N. Ashland, 773-506- 4849 Sewing Classes Every Tuesday, 10 am –12 pm, 6044 N. Broadway, 773-381-1346
Teacher in the Library, Mon., Tue, Thur.,3:30- 7:00 pm, Wed., 5:30 pm, Help with Homework, Edgewater Library, 1210 W. Elmdale, 312-744- 0718
Cell phone/Printer Cartridge Recycling Program, Gerber/Hart Library, 1127 W. Granville, accepts expired cell phones and computer printer cartridges, 773-381-8030
Continuing Fridays in March, Lenten Fridays- Stations, Soup, and Taize Prayers, 6 pm, St. Ita Church. 5500 N. Broadway, 773-561-5343
Continuing through March 3,“Stop Kiss” presented by Raven Theatre, 8:30 pm, Fri. & Sat., 3:30 pm, Sun.,$15, Students/Seniors $12, 773-338-2177
- Continuing through March 18, “Mother and Son : Nordine Sculptures and Painting”, Swedish American Museum, 5211 N. Clark, Tue-Fri 10 am -4 pm, Sat.-Sun. 11 am-4 pm.; $4 adults, $3 Children/Students/Seniors.773-728-8111
- Illinois Secretary of State’s Mobile Drivers Service Facility, 9:30-am till 2:30 pm, Bridgeview Bank, 4753 N. Broadway
- ECC/EDC Planning/Development Committee Meeting, 7 pm, 6044 N. Broadway, 773-334-5609 (Canceled)
- Saturday Book Club, “Shadow in the Wind”by Carlos Ruiz Zafon , 11 am, Edgewater Library, 1210 W. Elmdale, book available at Library, 312-744- 0718
- Edgewater Glen Association Monthly Open Meeting, 7 pm, 6044 N. Broadway, 773-334- 5609
- Visit and Tour Hayt School, 9:30 am to 10:00 am,1518 W. Granville, also March 27
- Storytime for Little Ones!, 10:30 am, Edgewater Library, 1210 W. Elmdale, for children 18-36 months old and their caregivers, also March 14, 21, 28, 312- 744-0718
- Community Policing Beat 2433, Edgewater Library, 1210 W. Elmdale, 773-334-5609
- ECC Edgewater Beautiful Committee Meeting, 10 am. 6044 N. Broadway, 773-334-5609
- Community Policing Beat 2023 Meeting, 7 pm, Kenmore Plaza, 5225 N. Kenmore, 773-334-5609
- Edgewater Historical Society New Member Drive, 6 pm, Edgewater Historical Society, 5358 N. Ashland, wine, champagne, “Wonderful Evening of the Golden 30’s”, $10, free if you become a , new member or if you are a current member & bring a guest who becomes a member, the event will be free for both of you , 773-506-4849
- After School Story and Craft , 3;30 pm, Edgewater Library, 1210 W. Elmdale, 312-744- 0718
- ECC Housing Committee Meeting, 6:30 pm, 6044 N. Broadway 773-381-1340
13 Families Together Cooperative Nursery School Admissions Coffee, Visit classrooms, Immanuel Lutheran Church, - North Edgewater Beach Association Meeting, 7 pm, Thai Grill, 1040 W. Granville, Housing Issues, 773-334-5609
- Women’s Book Discussion Group, “Beyond the Pale”by Elana Dykewoman, 7:30-9 :00 pm, Gerber/Hart Library,1127 W. Granville, 773-381- 8030
- Care for Real Committee Meeting, 7 pm, 6044 N. Broadway, 773-334-5609
- Edgewater Triangle Neighbors Association Meeting, 7 pm, Edgewater Baptist Church, 1401 W. Hollywood, 773-334-5609
- Hayt School Local School Council Meeting, 7 pm.Hayt School , 1518 W. Granville, 773-534-2040
- Community Policing Beat 2013 Meeting, 7 pm, Philadelphia Church, 5445 N. Clark, 773-334- 5609
- Writers at Heart, 1 pm, Edgewater Library, 1210 W. Elmdale, 312-744-0718
18 Chicago Symphony Community Choral performs works of Beethoven, Copland and others, 3 pm, St. Ita Church, 5500 N. Broadway - ECC Book Club, “Sometimes I Dream in Italian” by Rita Cireasi, 7 pm, Pause Café, 1107 W. Berwyn, Book available at the Edgewater Library, 1210 W. Elmdale, 773-334-5609
- ECC Board of Directors Meeting, 7 pm, 6044 N. Broadway. 773-334-5609
- Community Policing Beat 2013 Meeting, 7 pm, Philadelphia Church, 5445 N. Clark, 773-334- 5609
- Raven Theatre production of “The Seagull”by Anton Chekhov, 6:30 pm, ECC benefit, 773-334- 5609
- "Edgewater History” presented by Kathryn Gemperle, 10 am, 2007, EHS, Annual Meeting, Election of Officers follows, 773-506-4849
- Jazz Supper Club, Charlotte Foster, Vocalist, Doors open at 6:30, North Lakeside Cultural Center, 6219 N. Sheridan, $35, Libations, Food, Company, 773-743-4477
- Northside Catholic Academy Middle School Open House, 10 am-1 pm, School Campus, 5525 N. Magnolia, 773-271-4310
- Tuesday Morning Book Club, ” March” by Geraldine Brooks, 10 am, Edgewater Library, 1210 W. Elmdale, book available at Edgewater Library, 312- 744-0718
- Edgewater Beach Neighbors Association, 7 pm, Edgewater Presbyterian Church, 1020 W. Bryn Mawr,
- ECC Safety Committee, 7 pm, 6044 N. Broadway, 773-334-5609
- FORUM ON COMMUNITY SERVICES AND SAFETY INITIATIVES, 10 am, Broadway Armory, 5917 N. Broadway, 773-334-5609
Please pass the Newsletter on to other who might be interested and post in common areas for those without Internet access.
Sincerely,
Aida Kulasic
Edgewater Community Council
email: info@edgewatercommunitycouncil.org
phone: 773-334-5609
fax: 773-508-4970
Landlord Training - City of Chicago - Time, Dates and How to Register
Landlord Training
The City of Chicago Department of Buildings in conjunction with the Chicago Police Department regularly conducts landlord training classes throughout the city and ECC encourages local landlords to attend.
This program teaches building owners, managers and residents how to: keep criminal activity out of their buildings, screen tenants properly, become a part of CAPS (Chicago Alternative Policing Strategy) partnership, recognize dishonest tenants, maintain buildings that are free of building code violations and illegal activity, and to become knowledgeable about crisis resolution, the eviction process, contracts and leases, and City services.
The City’s Landlord and Tenant Ordinance holds landlords accountable for criminal activity that occurs in buildings over an extended period of time. If a landlord permits or encourages illegal activity on his/her property, he/she can be fined up to $500 a day.
This class is free and lasts approximately 3 hours. It will be held at the17th District Police Station, 4650 N. Pulaski Road.
Dates are March 6 (in Spanish only), April 3, May 1, June 5, July 3, August 9, Sept. 4 (Spanish only), Oct. 2, Nov. 6, Dec. 4
Registration starts at 6pm. All classes begin at 6:30pm. There will also be a Landlord Training
Class sponsored by Rogers Park Community Council on Thurs., March 15, 6:30pm - 8:30pm;call 773-338- 7732, Ext. 26, for more info or to register.
If there is enough of a demand for the Landlord Training in Edgewater, a local class can be arranged.
If you are interested, please call Ginger Williams, Housing Director, 773-338-1340 or email ginger@edgewatercommunitycouncil.org so we can determine if we have the minimum number needed to schedule a class.
The City of Chicago Department of Buildings in conjunction with the Chicago Police Department regularly conducts landlord training classes throughout the city and ECC encourages local landlords to attend.
This program teaches building owners, managers and residents how to: keep criminal activity out of their buildings, screen tenants properly, become a part of CAPS (Chicago Alternative Policing Strategy) partnership, recognize dishonest tenants, maintain buildings that are free of building code violations and illegal activity, and to become knowledgeable about crisis resolution, the eviction process, contracts and leases, and City services.
The City’s Landlord and Tenant Ordinance holds landlords accountable for criminal activity that occurs in buildings over an extended period of time. If a landlord permits or encourages illegal activity on his/her property, he/she can be fined up to $500 a day.
This class is free and lasts approximately 3 hours. It will be held at the17th District Police Station, 4650 N. Pulaski Road.
Dates are March 6 (in Spanish only), April 3, May 1, June 5, July 3, August 9, Sept. 4 (Spanish only), Oct. 2, Nov. 6, Dec. 4
Registration starts at 6pm. All classes begin at 6:30pm. There will also be a Landlord Training
Class sponsored by Rogers Park Community Council on Thurs., March 15, 6:30pm - 8:30pm;call 773-338- 7732, Ext. 26, for more info or to register.
If there is enough of a demand for the Landlord Training in Edgewater, a local class can be arranged.
If you are interested, please call Ginger Williams, Housing Director, 773-338-1340 or email ginger@edgewatercommunitycouncil.org so we can determine if we have the minimum number needed to schedule a class.
March 2007 Edgewater Community Council Newsletter
Property Tax Update
On Friday, February 23, 2007 the Illinois Senate passed Senate Bill 13, for the reenactment of the 7% Property Assessment Cap. The bill has been sent to the House Rules Committee for further consideration. SB 13 - Creates the Returning Veterans' Homestead Exemption - Seniors need not reapply for the Senior Homestead Exemption - Increases the Alternative General Homestead Exemption from $20,000 to $60,000.
ECC Spring Fundraiser
Join ECC at the Raven Theater Friday March 23. Discounted tickets to March 15.Support ECC while you experience the latest Raven Theater production, Chekhov’s “The Seagull”. The date is Friday, March 31 at 7:00 p.m. Tickets include a light dinner of hors d’oeuvres and dessert plus wine and beer. The Seagull, Chekhov’s dark comedic masterpiece depicting the original dysfunctional family, takes jabs at situations which today's audiences can relate to: hating your job, loving someone who doesn't love you back, keeping a family together and wishing you were famous! This will be a terrific evening that includes meeting neighbors and supporting two Edgewater institutions. Tickets are $35 per person if purchased by March 15, $45 afterward.
Please call 773-334-5609 to order tickets. Cash, check and credit card accepted. The Raven is located at 6157 North Clark Street, Chicago.
Transportation
ECC Forms Transportation Committee to Address Red Line Delays Upcoming delays on the CTA redline are likely to have a serious impact on Edgewater’s quality of life due to significantly longer commutes and lots more traffic moving through our neighborhood. The delays are tentatively scheduled to begin on Monday, April 2 and will continue until the Brown Line capacity expansion project is completed in 2009.
During this time, trains serving the Belmont and Fullerton stations will be sharing three tracks instead of four to allow for installation of elevators and expansion of platforms. Initially, the greatest impact will be on the northbound trip. ECC recognizes that current CTA plans to address the situation are inadequate and that we can play an important role in educating, organizing and advocating for Edgewater.
ECC recently formed a Transportation Committee to spearhead our efforts. While we cannot avoid red line delays, the impact could be mitigated by such things as adding bus service, organizing car pooling, HOV lanes on Lake Shore Drive and/or shopping shuttles. The committee will be seeking community input and ideas. Watch for announcements on its activities.
The CTA also has planned some community meetings to provide proposed service details. The closest one to Edgewater is scheduled for Monday, March 19 from 6 to 8 p.m. at Truman College Cafeteria, located at 1145 West Wilson Avenue.
If you would like to sign up to receive email announcements please contact Aida at aidakulasic@edgewatercommunitycouncil.org .
Save the Dates-
“Help Push for Revitalized Red Line Stations and Shopping Districts” Are you interested in the future of your Red Line Station? The local non-profit community development organization, Edgewater Development Corporation, is partnering with the University of Illinois at Chicago to cultivate a community vision for improving the areas near Edgewater’s four red line stations.
We invite you to help form the vision at the following community design Charrettes: March 5th (St. Andrews Church), March 12th (Loyola Univ.), April 30th (St. Andrews Church), May 7th (Loyola Univ.). The vision developed at these meetings will then be advanced by our elected officials in order to secure the funding and approvals to move forward with rebuilding the CTA stations. In addition, EDC will work to also advance the vision expressed for the surrounding retail districts.
Space is limited, so please RSVP to the number or e-mail listed below: Adam Burck 773-506- 4016 or adamdurck@edgewaterdev.org.
Safety
Please join the Edgewater Community Council for a forum on community services and safety initiatives.
Where: The Broadway Armory5917 North BroadwayWhen: Saturday, March 31, 200710:00 a.m. until 2:00 p.m.
An ECC representative will discuss the work of the organization, particularly safety. Representatives from the Alderman’s Office(s) will explain their role in and service for the community. Safety is one of ECC’s main priorities and while not all incidents can be prevented, everyone can take certain measures to safeguard themselves. In that vein, you should be aware of the following Northside incidents.
In the past month we received reports about people trying to gain access into people’s homes by misrepresenting themselves as utility workers. While most of the time there is nothing to be concerned about, make sure that they have proper identification. Call your utility company to check if they are scheduled to visit or 911 Emergency if the person is making you uncomfortable and refusing to show identification.
Your safety concerns will not inconvenience the utility company or the police.
If somebody calls to tell you that they will be coming to your home to check you meter or check your pipes, ask a neighbor or family member to be present. Do not tell a random caller that you will not be home during certain hours.
On a sad note we report that due to the Cook County budget cuts, all 5 of the Community Prosecutions offices are closing. We were fortunate enough to have one in our community and would like to recognize all the great work Joy Repella and her staff have done.
Please join our next Safety Committee meeting March 29, 7:00PM at 6044 N. Broadway.
On Friday, February 23, 2007 the Illinois Senate passed Senate Bill 13, for the reenactment of the 7% Property Assessment Cap. The bill has been sent to the House Rules Committee for further consideration. SB 13 - Creates the Returning Veterans' Homestead Exemption - Seniors need not reapply for the Senior Homestead Exemption - Increases the Alternative General Homestead Exemption from $20,000 to $60,000.
ECC Spring Fundraiser
Join ECC at the Raven Theater Friday March 23. Discounted tickets to March 15.Support ECC while you experience the latest Raven Theater production, Chekhov’s “The Seagull”. The date is Friday, March 31 at 7:00 p.m. Tickets include a light dinner of hors d’oeuvres and dessert plus wine and beer. The Seagull, Chekhov’s dark comedic masterpiece depicting the original dysfunctional family, takes jabs at situations which today's audiences can relate to: hating your job, loving someone who doesn't love you back, keeping a family together and wishing you were famous! This will be a terrific evening that includes meeting neighbors and supporting two Edgewater institutions. Tickets are $35 per person if purchased by March 15, $45 afterward.
Please call 773-334-5609 to order tickets. Cash, check and credit card accepted. The Raven is located at 6157 North Clark Street, Chicago.
Transportation
ECC Forms Transportation Committee to Address Red Line Delays Upcoming delays on the CTA redline are likely to have a serious impact on Edgewater’s quality of life due to significantly longer commutes and lots more traffic moving through our neighborhood. The delays are tentatively scheduled to begin on Monday, April 2 and will continue until the Brown Line capacity expansion project is completed in 2009.
During this time, trains serving the Belmont and Fullerton stations will be sharing three tracks instead of four to allow for installation of elevators and expansion of platforms. Initially, the greatest impact will be on the northbound trip. ECC recognizes that current CTA plans to address the situation are inadequate and that we can play an important role in educating, organizing and advocating for Edgewater.
ECC recently formed a Transportation Committee to spearhead our efforts. While we cannot avoid red line delays, the impact could be mitigated by such things as adding bus service, organizing car pooling, HOV lanes on Lake Shore Drive and/or shopping shuttles. The committee will be seeking community input and ideas. Watch for announcements on its activities.
The CTA also has planned some community meetings to provide proposed service details. The closest one to Edgewater is scheduled for Monday, March 19 from 6 to 8 p.m. at Truman College Cafeteria, located at 1145 West Wilson Avenue.
If you would like to sign up to receive email announcements please contact Aida at aidakulasic@edgewatercommunitycouncil.org .
Save the Dates-
“Help Push for Revitalized Red Line Stations and Shopping Districts” Are you interested in the future of your Red Line Station? The local non-profit community development organization, Edgewater Development Corporation, is partnering with the University of Illinois at Chicago to cultivate a community vision for improving the areas near Edgewater’s four red line stations.
We invite you to help form the vision at the following community design Charrettes: March 5th (St. Andrews Church), March 12th (Loyola Univ.), April 30th (St. Andrews Church), May 7th (Loyola Univ.). The vision developed at these meetings will then be advanced by our elected officials in order to secure the funding and approvals to move forward with rebuilding the CTA stations. In addition, EDC will work to also advance the vision expressed for the surrounding retail districts.
Space is limited, so please RSVP to the number or e-mail listed below: Adam Burck 773-506- 4016 or adamdurck@edgewaterdev.org.
Safety
Please join the Edgewater Community Council for a forum on community services and safety initiatives.
Where: The Broadway Armory5917 North BroadwayWhen: Saturday, March 31, 200710:00 a.m. until 2:00 p.m.
An ECC representative will discuss the work of the organization, particularly safety. Representatives from the Alderman’s Office(s) will explain their role in and service for the community. Safety is one of ECC’s main priorities and while not all incidents can be prevented, everyone can take certain measures to safeguard themselves. In that vein, you should be aware of the following Northside incidents.
In the past month we received reports about people trying to gain access into people’s homes by misrepresenting themselves as utility workers. While most of the time there is nothing to be concerned about, make sure that they have proper identification. Call your utility company to check if they are scheduled to visit or 911 Emergency if the person is making you uncomfortable and refusing to show identification.
Your safety concerns will not inconvenience the utility company or the police.
If somebody calls to tell you that they will be coming to your home to check you meter or check your pipes, ask a neighbor or family member to be present. Do not tell a random caller that you will not be home during certain hours.
On a sad note we report that due to the Cook County budget cuts, all 5 of the Community Prosecutions offices are closing. We were fortunate enough to have one in our community and would like to recognize all the great work Joy Repella and her staff have done.
Please join our next Safety Committee meeting March 29, 7:00PM at 6044 N. Broadway.
Chicago Association of Realtors Market Update
Quarterly Housing Stats by Chicago NeighborhoodsType 1 (SF detached), Type 2 (SF attached) and Type 3 (2, 3 & 4 flats): http://www.chicagorealtor.com/displaycommon.cfm?an=9
Quarterly Leasing & Rental BarometersDowntown & Suburban Office; Industrial: http://www.chicagobusiness.com/cgi-bin/portal.pl?id=44
Apartment Rentals: http://www.chicagotribune.com/classified/realestate/renting/chi-rentalsurvey.htmlstory
*The top two graphs include 77 Chicago neighborhoods and nearly 300 suburbs.*The Chicago listings and closings charts below include only the 77 City of Chicago neighborhoods
To view the entire market update, click here.
Chicago Association of REALTORS® email: kloader@chicagorealtor.comweb: http://www.chicagorealtor.com
Monthly Home Sales Reach 7-Month High
Daily Real Estate News February 27, 2007
Monthly Home Sales Reach 7-Month HighSales of existing homes rose in January, reaching the highest level in seven months, according to the NATIONAL ASSOCIATION OF REALTORS®.
Total existing-home sales — including single family, townhomes, condominiums, and co-ops — increased 3 percent to a seasonally adjusted annual rate of 6.46 million units in January from an upwardly revised pace of 6.27 million in December. Sales were 4.3 percent below the 6.75 million-unit level in January 2006.
David Lereah, NAR’s chief economist, says observers shouldn’t overreact to the sales gain or to other short-term effects. “Although we’re expecting existing-home sales to gradually rise this year, and buyers are responding to the price correction, some unusually warm weather helped boost sales in January,” he says. “On the flip side, the winter storms that disrupted so much of the country in February could negatively impact the housing market.“Although the data is seasonally adjusted, these weather events are unusually large — many transaction closings were postponed in February, and home shopping was essentially shut down for about a week in many areas,” he says. “We shouldn’t be surprised to see a near-term sales dip, but that will be followed by a continuing recovery in home sales.”
Inventories Drop
Total housing inventory levels rose 2.9 percent at the end of January to 3.55 million existing homes available for sale, which represents a 6.6-month supply at the current sales pace — unchanged from the revised December level.
Supplies peaked at 7.4 months in October 2006. “Inventories are looking better, but price softness should continue until spring when the market is expected to become more balanced,” Lereah says.
What Happened Regionally
Here’s a breakdown of home sales by region:
West Coast:
Existing-home sales in the West rose 5.6 percent to an annual pace of 1.32 million in January but were 9.6 percent lower than a year ago. The median price in the West was $321,300, down 4.6 percent from January 2006.
Midwest:
Existing-home sales increased 4.8 percent in January to a level of 1.53 million, and were 0.6 percent lower than January 2006. The median price in the Midwest was $162,600, which is 3.5 percent below a year ago.
South:
Existing-home sales in the South rose 2 percent to an annual sales rate of 2.54 million in January, but were 7.3 percent below a year ago. The median price in the South was $174,600, which is 1.7 percent below January 2006.
Northeast:
Existing-home sales in the Northeast were at a level of 1.07 million in January, unchanged from December, and were 5.9 percent higher than January 2006. The median existing-home price in the Northeast was $260,700, down 1.2 percent from a year earlier.
National Single-family and Condo Home SalesSingle-family home sales rose 3.5 percent to a seasonally adjusted annual rate of 5.69 million in January from an upwardly revised 5.50 million in December. But that still accounts for 4.2 percent below the 5.94 million-unit level in January 2006. The median existing single-family home price was $209,200 in January, down 3.5 percent from a year earlier.
Existing condominium and cooperative housing sales slipped 0.1 percent to a seasonally adjusted annual rate of 767,000 units in January from a downwardly revised pace of 768,000 in December. Last month’s sales activity was 5.7 percent below the 813,000-unit pace in January 2006.The median existing condo price was $222,200 in January, up 0.5 percent from a year ago.
NAR President: Market is Stabilizing
The national median existing-home price for all housing types was $210,600 in January, down 3.1 percent from January 2006 when the median was $217,400. The median is a typical market price where half of the homes sold for more and half sold for less.NAR President Pat Vredevoogd Combs, from Grand Rapids, Mich., says a broader view shows the housing market stabilizing. “The market is trending up from its low last fall, and that is important in restoring confidence to buyers who’ve been on the sidelines,” Combs says. “Since buyers can find more favorable terms, and they are looking for a place to call home for some years to come, getting into the market now makes sense. It’s a choice many didn’t have during the boom period of bidding wars in much of the country.”
— REALTOR® Magazine Online
For more housing market statistics and research reports, visit NAR's Research Department at REALTOR.org.
Monthly Home Sales Reach 7-Month HighSales of existing homes rose in January, reaching the highest level in seven months, according to the NATIONAL ASSOCIATION OF REALTORS®.
Total existing-home sales — including single family, townhomes, condominiums, and co-ops — increased 3 percent to a seasonally adjusted annual rate of 6.46 million units in January from an upwardly revised pace of 6.27 million in December. Sales were 4.3 percent below the 6.75 million-unit level in January 2006.
David Lereah, NAR’s chief economist, says observers shouldn’t overreact to the sales gain or to other short-term effects. “Although we’re expecting existing-home sales to gradually rise this year, and buyers are responding to the price correction, some unusually warm weather helped boost sales in January,” he says. “On the flip side, the winter storms that disrupted so much of the country in February could negatively impact the housing market.“Although the data is seasonally adjusted, these weather events are unusually large — many transaction closings were postponed in February, and home shopping was essentially shut down for about a week in many areas,” he says. “We shouldn’t be surprised to see a near-term sales dip, but that will be followed by a continuing recovery in home sales.”
Inventories Drop
Total housing inventory levels rose 2.9 percent at the end of January to 3.55 million existing homes available for sale, which represents a 6.6-month supply at the current sales pace — unchanged from the revised December level.
Supplies peaked at 7.4 months in October 2006. “Inventories are looking better, but price softness should continue until spring when the market is expected to become more balanced,” Lereah says.
What Happened Regionally
Here’s a breakdown of home sales by region:
West Coast:
Existing-home sales in the West rose 5.6 percent to an annual pace of 1.32 million in January but were 9.6 percent lower than a year ago. The median price in the West was $321,300, down 4.6 percent from January 2006.
Midwest:
Existing-home sales increased 4.8 percent in January to a level of 1.53 million, and were 0.6 percent lower than January 2006. The median price in the Midwest was $162,600, which is 3.5 percent below a year ago.
South:
Existing-home sales in the South rose 2 percent to an annual sales rate of 2.54 million in January, but were 7.3 percent below a year ago. The median price in the South was $174,600, which is 1.7 percent below January 2006.
Northeast:
Existing-home sales in the Northeast were at a level of 1.07 million in January, unchanged from December, and were 5.9 percent higher than January 2006. The median existing-home price in the Northeast was $260,700, down 1.2 percent from a year earlier.
National Single-family and Condo Home SalesSingle-family home sales rose 3.5 percent to a seasonally adjusted annual rate of 5.69 million in January from an upwardly revised 5.50 million in December. But that still accounts for 4.2 percent below the 5.94 million-unit level in January 2006. The median existing single-family home price was $209,200 in January, down 3.5 percent from a year earlier.
Existing condominium and cooperative housing sales slipped 0.1 percent to a seasonally adjusted annual rate of 767,000 units in January from a downwardly revised pace of 768,000 in December. Last month’s sales activity was 5.7 percent below the 813,000-unit pace in January 2006.The median existing condo price was $222,200 in January, up 0.5 percent from a year ago.
NAR President: Market is Stabilizing
The national median existing-home price for all housing types was $210,600 in January, down 3.1 percent from January 2006 when the median was $217,400. The median is a typical market price where half of the homes sold for more and half sold for less.NAR President Pat Vredevoogd Combs, from Grand Rapids, Mich., says a broader view shows the housing market stabilizing. “The market is trending up from its low last fall, and that is important in restoring confidence to buyers who’ve been on the sidelines,” Combs says. “Since buyers can find more favorable terms, and they are looking for a place to call home for some years to come, getting into the market now makes sense. It’s a choice many didn’t have during the boom period of bidding wars in much of the country.”
— REALTOR® Magazine Online
For more housing market statistics and research reports, visit NAR's Research Department at REALTOR.org.
Low Mortgage Rates Keep Buyers in Illinois Housing Market
Low Mortgage Rates Keep Buyers in Illinois Housing Market
RISMEDIA, Feb. 28, 2007-Low mortgage interest rates keep buyers in the market despite the extreme winter weather in January, a typically slow month for the housing market in Illinois. According to the Illinois Association of Realtors(R)' latest report, total home sales (which include single-family and condominiums) were off 6.8% in January 2007 to 8,584 homes sold compared to 9,206 homes sold in January 2006.
The Illinois median home price in January remained unchanged from a year earlier, at $200,000. The median is a typical market price where half the homes sold for more, half sold for less.
"The current economy provides a strong base for the housing market to recover this year with growth in GDP, employment and income, and interest rates that are low by historical standards," said Robert Zoretich, president of the Illinois Association of Realtors. "As the year goes on, home sales should steadily improve. Realtors anticipate that the housing market will continue in this transitional phase during the remaining winter months and pick up as spring approaches."
The monthly average commitment rate for a 30-year, fixed-rate mortgage for the North Central region was 6.29% in January 2007, up 0.09 points from the 6.20 average rate during the previous month, according to the Federal Home Loan Mortgage Corporation. Last year in January it averaged 6.23%.
In the Chicagoland Primary Metropolitan Statistical Area (PMSA), home sales totaled 5,950 in January 2007, down 10.6% from 6,652 home sales in the same month last year. The median home price for the Chicagoland PMSA was $245,000, up 2.1% from $240,000 in January 2006.
"According to economists with the National Association of Realtors, we experienced the worst of the housing sales recession at the end of 2006 but we're still in an atypical year from inventory levels carrying over to this year," said Zoretich, broker-owner of Zoretich Realty Group in Chicago. "Fortunately, the housing market in Illinois is not as fragile to fluctuations in market conditions as other parts of the country."
Sales and price information is generated from a survey of Multiple Listing Service sales reported by 35 participating Illinois Realtors local boards and associations. The Chicagoland PMSA, as defined by the U.S. Census Bureau, includes the counties of Cook, DeKalb, DuPage, Grundy, Kane, Kendall, Lake, McHenry and Will.
For more information, visit http://www.illinoisRealtor.org.
RISMedia welcomes your questions and comments. Send your e-mail to: realestatemagazinefeedback@rismedia.com.
RISMEDIA, Feb. 28, 2007-Low mortgage interest rates keep buyers in the market despite the extreme winter weather in January, a typically slow month for the housing market in Illinois. According to the Illinois Association of Realtors(R)' latest report, total home sales (which include single-family and condominiums) were off 6.8% in January 2007 to 8,584 homes sold compared to 9,206 homes sold in January 2006.
The Illinois median home price in January remained unchanged from a year earlier, at $200,000. The median is a typical market price where half the homes sold for more, half sold for less.
"The current economy provides a strong base for the housing market to recover this year with growth in GDP, employment and income, and interest rates that are low by historical standards," said Robert Zoretich, president of the Illinois Association of Realtors. "As the year goes on, home sales should steadily improve. Realtors anticipate that the housing market will continue in this transitional phase during the remaining winter months and pick up as spring approaches."
The monthly average commitment rate for a 30-year, fixed-rate mortgage for the North Central region was 6.29% in January 2007, up 0.09 points from the 6.20 average rate during the previous month, according to the Federal Home Loan Mortgage Corporation. Last year in January it averaged 6.23%.
In the Chicagoland Primary Metropolitan Statistical Area (PMSA), home sales totaled 5,950 in January 2007, down 10.6% from 6,652 home sales in the same month last year. The median home price for the Chicagoland PMSA was $245,000, up 2.1% from $240,000 in January 2006.
"According to economists with the National Association of Realtors, we experienced the worst of the housing sales recession at the end of 2006 but we're still in an atypical year from inventory levels carrying over to this year," said Zoretich, broker-owner of Zoretich Realty Group in Chicago. "Fortunately, the housing market in Illinois is not as fragile to fluctuations in market conditions as other parts of the country."
Sales and price information is generated from a survey of Multiple Listing Service sales reported by 35 participating Illinois Realtors local boards and associations. The Chicagoland PMSA, as defined by the U.S. Census Bureau, includes the counties of Cook, DeKalb, DuPage, Grundy, Kane, Kendall, Lake, McHenry and Will.
For more information, visit http://www.illinoisRealtor.org.
RISMedia welcomes your questions and comments. Send your e-mail to: realestatemagazinefeedback@rismedia.com.
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