Bungalow Group Chicago

02/20/2020

So, How's the Real Estate Market?

January stats are out from the Chicago Association of Realtors. Compared to January 2019 in Chicago:

-Closed Sales are up 7.3%
-Inventory is down 6.4%
-Median Sales Price is up 4.9%

Most expectations are that prices will continue to appreciate in the 4%-5% range this year nationally.

February is considered the start of the spring market, and these numbers look promising for a good spring. The market in the Chicago area is overall fairly balanced between buyers and sellers. For sellers, low inventory means a property positioned right should have no problem selling (and buyers may be competing for the better properties). For buyers, mortgage interest rates still near historic lows increase affordability and makes this an excellent time to buy.

Of course, these numbers are for the city as a whole, and each neighborhood has it's own market conditions. If you are interested in a more detailed look at your neighborhood, let me know!

01/28/2020

A few photos of some of the homes in North Mayfair, one of the North Side’s great bungalow neighborhoods. The area bounded by Lawrence, Pulaski, Foster, and Kilbourn is listed on the national register of historic places for its bungalows, built mostly between 1915 and 1930.

10/30/2019

Just a few shots of some of the creative displays in Ravenswood Manor. Happy Halloween!

09/23/2019

If you like bungalows you probably appreciate Chicago history. Here’s a great article focusing on some classic/historic Chicago restaurants that are still here and running. Pay them a visit and keep them around, they’re few and far between!

These longstanding spots have aged like fine wine

06/18/2019

To all of you with green thumbs!

Show off your Chicago bungalow garden for a chance to win $250 and a handcrafted planter from Craeft, LLC.! 🌼

Submit by July 8: www.chicagobungalow.org/garden-contest-nomination

09/09/2011

If you are looking to spruce up your garden this fall, or work on the "curb appeal" of your home, Gethsemane Garden Center in Andersonville is having their fall sidewalk sale this weekend, the 10th and 11th!

Gethsemane Garden Center is your expert partner for any gardening needs. We carry a large variety of hard to find plants, tools, fertilizers and gifts. Our expert staff will help you find everything you need for your gardening project. We also specialize in urban gardens including container garde...

05/26/2011

Bungalows are not just for Chicago! Berwyn has some beautiful bungalows, and has an organization intended to promote and preserve them Check out their site for lots of good information for any bungalow fan.

The CITY OF HOMES, INC. (CoHo) is an Illinois not-for-profit corporation that is dedicated to promoting the preservation, redevelopment, adaptive reuse and continued viability of Berwyn’s historic housing stock and in making Berwyn the primary destination in the Chicago area for families and individ

05/12/2011

So, are real estate prices really THAT low? When looking over some price trend numbers, we were a bit surprised to see that looking longer term, the bottom has not fallen out of the market in many of Chicago's bungalow neighborhoods. Check out the blog on our website for the full story.

Chicago real estate group specializing in Bungalows and other Arts & Crafts homes.