Cook County and Collar Counties It is that time of year in Chicago and the Collar counties when real estate taxes become a hot topic. As most Illinois homeowners are aware, Illinois calculates and pays real estate taxes one year in arrears. In 2023, we will be paying tax bills for the 2022 tax year. […]
Archive for the ‘Finance’ Category
Interest Rates
To many prospective homeowners’ chagrins, interest rates have been on the rise since the Summer of 2022. Many people that got into the market during that time were pleased to get an interest rate between 2-4%, which were record lows. Only a few months later, homebuyers were seeing interest rates rise into the 7% range, […]
The Future of Cryptocurrency in Real Estate Transactions
Cryptocurrency (Crypto) or Bitcoin is a digital, virtual currency that is generally without physical coins or bills. It can be converted to cash, but currently must be sold (or bought) via a cryptocurrency exchange. Cryptocurrency falls into two main categories: coins or tokens. Some notable coin-based cryptocurrencies include Bitcoin, Ethereum and Dogecoin. Bitcoin and Ether […]