What are the Current Market Conditions for Edgewater? (Source: wikimedia.commons)

Chicago's Edgewater Neighborhood

Looking for the very best of North Side living?

Chicago's Edgewater - a community area bordered on the north by Devon Avenue, on the south by Foster Avenue, west by Ravenswood Avenue, and on the east by Lake Michigan - is located about seven miles north of the Loop.

Once a popular haunt of celebrities, politicians, and other big shots, Edgewater is still notable for its easy access to beaches, its plethora of winning local businesses, and its central Bryn Mawr historic district, which comes complete with vintage lamp posts and architecture that instantly whisks you back to the roaring 1920s. 

Want to get a better feel for this unique slice of Chicagoland? Here are a few resources worth checking out:

Want to call Edgewater your home? Ready to buy or sell in this amazing area? Here are the current housing market statistics for Edgewater that you need to know now:

Edgewater's Current Condo Market

1. The Median Sales Price of an Edgewater Condo Has Been Holding Steady

Flickr User Chris Potter/www.stockmonkeys.com

Hiring a real estate professional you trust is no easy feat. Even asking friends and family for recommendations can leave you with a list of 20+ names. Where do you go from there?

Narrowing down the list can be a challenge, but it is a necessary process. Your real estate agent performs all negotiations on your behalf. You want an experienced and respected negotiator on your side, who similarly is able to articulate the process for you and thoroughly answer any questions you have.

Your vetting process can easily help determine these. Before you shake hands and start signing paperwork, ask your prospective agent these seven questions.

1. How long have you been in the real estate business, and how frequently do you conduct business?

You may be able to glean this information from websites like Zillow or from your prospective agent's website, but this is important information to know. Work with an agent with full-time experience upward of a year.

We emphasize full-time, as many agents can hold on to a license without much real-world experience. Valuable real estate experience is only earned through actual transactions and activity in the field. Don't put your transaction in the hands of "part-time" or "occasional" agents.

What Are the Current Real Estate Conditions in Logan Square?

Looking for a neighborhood with a vibrant creative scene, complete with an iconic old school movie theatre? Check out Logan Square!

Located northwest of West Town, "Logan," as it's commonly called, is jammed full of coffee shops, deliciously dive-y bars, and Longman & Eagle's legendary chicken and waffles. Noted for its high level of energy and grassroots activism, Logan Square also boasts thriving nightlife and a sensibility that makes it the perfect neighborhood for just about anyone.

Here are a few resources worth checking out if you're interested in this red hot part of Chicago: 

Interested in this welcoming hub of art and food? Let's check out Logan Square's current real estate market:

According to NerdWallet’s “Down Payment Reality Report,” a staggering 44% of potential homebuyers see “a lack of down payment savings” as their biggest stumbling block when it comes to purchasing a home.

This is huge – and it reflects just how much the down payment means to the home buying process. In a lot of ways, your down payment is closely connected to your purchasing power in the short term, and the total amount you will pay over the long. It’s also tied to your mortgage loan in a few crucial ways.

For all these reasons, it’s important that you get your down payment right. So why are there so many myths and misconceptions out there, pointing would-be buyers in the wrong direction?

Ready to approach this important home buying step with greater peace of mind? Let’s break down five common, scary, and totally misleading myths about down payments:

1.) “You Have to Have a 20% Down Payment”

For years and years, a 20% down payment was considered to be the gold standard when purchasing a home.

Real Group Real Estate

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