Prairie State Wire

Prairie State Wire

Tuesday, March 31, 2020

Real Estate News

Real Estate

IHDA: Pritzker Administration Announces Community Revitalization Grant Recipients

IHDA provides over $600,000 to downstate, southern IL communities

By Press release submission | Nov 18, 2019

Real Estate

Illinois property taxes continue to stifle housing market, IPI reports

Housing sales in Illinois continue to lag below the national average as the state's rising property taxes have all but crippled the market.

By Glenn Minnis | Oct 24, 2019

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Real Estate

Wirepoints: Raising Illinois taxes will drive even more taxpayers away

By W.J. Kennedy | Oct 23, 2019

Bankrupt Illinois needs precisely what it has less and less of – taxpayers.

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Real Estate

ILLINOIS HOUSING DEVELOPMENT AUTHORITY: Announces Additional $2,500 Closing Cost Grant to be Used with Existing Programs

By Press release submission | Aug 12, 2019

First-time and repeat homeowners can now receive up to $12,500 in assistance to purchase a home in Illinois

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Real Estate

Illinois home values show little growth compared to neighbors, rest of U.S., Wirepoints reports

By Glenn Minnis | Aug 4, 2019

Illinois ranked near the bottom in average U.S. home values over a 12-year period ending in 2017, according to a new Wirepoints report.

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Real Estate

Illinois Policy: Declining home values, rising property taxes amount to a shrinking population

By Glenn Minnis | Jul 16, 2019

The hits keep on coming for Illinois homeowners. Even as residents across the state still struggle to fully recover from the last housing-market crash, property tax bills have continued to spiral upward, soaring by an average of 9 percent over the last decade after adjusting for inflation.

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Real Estate

ILLINOIS HOUSING DEVELOPMENT AUTHORITY: 16-Unit Supportive Housing Development Opens in Northlake

By Press release submission | Jun 7, 2019

State investment provides permanent housing and supportive services to help individuals with disabilities to live independently

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Real Estate

Wirepoints predicts Pritzker's tax plan will only drag Illinois' real estate market down further

By Glenn Minnis | May 21, 2019

Illinois home values continue to lag, with recent data showing they remain 12 percent below pre-Great Recession peak levels.

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Real Estate

$0.59 per homeowner in Burbank, $7.34 in Rantoul. New Illinois state program delivers 'property tax relief' to top-taxed homeowners

By LGIS News Service | May 21, 2019

For the state’s most highly taxed homeowners, it isn’t nothing. But it’s close.

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Real Estate

Illinois still waiting for housing to rebound

By Glenn Minnis | May 18, 2019

Illinois home values have yet to return to pre-recession levels, making the state home to one of the worst recovery rates in the country.

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Real Estate

ILLINOIS HOUSING DEVELOPMENT AUTHORITY: Awards $28 million in Tax Credits for Affordable Housing

By Press release submission | May 17, 2019

Federal Tax Incentive Will Support the Construction and/or Rehabilitation of 25 Affordable Housing Developments creating 1,864 units for families, seniors and individuals with disabilities

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Real Estate

ILLINOIS HOUSING DEVELOPMENT AUTHORITY: Announces Application Deadline for the Hardest Hit Program

By Press release submission | Apr 26, 2019

Homeowners have less than one week to apply for $35,000 in mortgage payment assistance before the program closes on April 30

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Real Estate

ILLINOIS HOUSING DEVELOPMENT AUTHORITY: Awards $3 Million for Home Accessibility Program

By Press release submission | Apr 19, 2019

Program provides grants to seniors and persons with disabilities to make necessary repairs that will allow them to remain in their homes

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Real Estate

ILLINOIS DEPARTMENT OF NATURAL RESOURCES: A Visit with Johnny Appleseed at Lincoln Log Cabin on March 23

By Press release submission | Mar 18, 2019

Join us at Lincoln Log Cabin State Historic Site on Saturday, March 23 at 2:00 p.m. for a family event "A Visit with Johnny Appleseed."

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Real Estate

ILLINOIS HOUSING DEVELOPMENT AUTHORITY: Launches New Initiative to Attract Bond Investors in 2019

By Press release submission | Feb 8, 2019

New investor relations website seeks to increase investor demand for IHDA’s municipal bonds

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Real Estate

Market Watch: Lincoln Park couple takes $50M mansion off market

By LGIS News Service | Nov 28, 2018

Illinois' highest-in-the-nation property taxes are eroding home equity and depressing home values across the state. This report is on a Lincoln Park estate with a $50 million price tag being taken off the market.

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Real Estate

ILLINOIS DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION: IDFPR Advances Online License Transformation for Real Estate

By Press release submission | Sep 27, 2018

The majority of Real Estate Brokerage and related license types may now be applied for and renewed via the Illinois Department of Financial and Professional Regulation's (IDFPR) Online Services Portal.

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Real Estate

Non-profit calls for non-partisan efforts to stop property tax increases

By Chandra Lye | Sep 25, 2018

Liberty Principles PAC recently released a radio ad to raise awareness about rising property taxes around Illinois.

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Real Estate

Liberty Principles PAC ad calls high property taxes 'bi-partisan failure'

By Chandra Lye | Sep 25, 2018

Liberty Principles PAC recently released video ads to raise awareness among Illinois voters about high property taxes.

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Real Estate

Illinois non-profit group raises awareness about property taxes

By Chandra Lye | Sep 25, 2018

Liberty Principles PAC recently released a 30-second video ad to raise awareness about rising property taxes in Illinois.