Homeowners and buyers are taking advantage of low interest rates, according to ChicagolandRealEstateForum.com. For the week ending March 4, the Mortgage Bankers Association reported that mortgage applications rose 15.5 percent compared to the week before, says CREF.
That being said, the lending industry isn’t the only thing to heat up this week. As the ground defrosts and people and squirrels alike awaken from hibernation, new construction is also inevitably on the rise. Mark Boyer takes a look at some of the projects around town on Chicago.Curbed.com.
Baseball fans probably know that the 2011 season is right around the corner, but did you hear about who’s selling there Chicago homes? First off, former White Sox Reliever Bobby Jenks has listed his Hinsdale home for $899,000, according to ChicagoRealEstateDaily.com. Curbed also points out that the Cubs’ Ryan Dempster has reduced the listing price on his Wrigleyville home to $1.89 million.
MLB 2011 opening day is Thursday, March 31, according to MLB.com.