The Perfect Storm

It’s the perfect storm. Interest rates are low. Home prices are low. And the federal tax credit extension, which applies not only to first time buyers but also to current homeowners, is expected to generate more home sales. However, this storm will pass. The tax credit expires April 30, 2010. The Federal Reserve, which has [...]

ComED’s Smart Ideas deadline extended

Evanston businesses still have more time to participate in ComEd’s Smart Ideas For Your Business Program. ComEd set aside $350,000 to help businesses “go green, save green.” The program offers incentives for businesses to ”implement cost effective energy efficiency improvements for commercial and industrial customers.” The deadline extends to Feb. 28, 2010. For more information, contact Carolyn [...]

Evanston passes green renovation amendment

The Evanston City Council passed a green renovation amendment, part of the recently passed Green Building Ordinance. The ordinance amendment requires building owners to either choose a third party certification process required for new construction such as a LEED certification or choose from a list of environmentally friendly options provided by the city. The city’s list includes [...]

December condo sales and prices rise in Evanston

For the first time in 2009,  Evanston condo prices rose in December 2009, compared to the same time in Decemeber 2008. The median sale price for condos last December increased 7 percent from the median sales price in December 2008. In addition, the number of  condo sales jumped to 26 last December from 18 sales in [...]

Evanston single-family home prices continue to slide

The number of December single-family home sales inched upward from 18 to 20 last month, compared to the same time in 2008. However, the median sales price declined 13 percent last December compared to the same time in 2008. That has been the predominant pattern throughout 2009.     December 2008 sales     Total [...]