Tag Archives: chicago south loop

Save up to $100K on an Eastgate Village Home!

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Saving 6 figures on a home is huge news, but so is the fact that Eastgate Village is FHA approved with just a 3.5% down payment required for qualified buyers. This is an incredible offer that will not last long! The deadline to take advantage of this fantastic deal is almost upon us, so click here to schedule an appointment or request more information on Eastgate Village’s beautiful Near South Side condominiums!

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Single-Family Housing Starts and Permits Rise in July

EGVBecause July was likely the last month to get home construction underway in time for families to take advantage of the government tax credit, it remains to be seen what the housing market will do in the next couple months. Nevertheless, another month of growth is encouraging news.

From NAHB.org:

“Single-family housing starts posted a 1.7 percent gain to a seasonally adjusted annual rate of 490,000 units in July, while single-family permits registered a 5.8 percent gain to 458,000 units. Both of these were the highest levels registered since October of 2008. Meanwhile, multifamily starts tied a record low set in April of this year, falling 13.3 percent to a 91,000-unit rate. Multifamily permits fell 25.5 percent to 102,000 units.”

For the full article, click here. And to take advantage of this wonderful time to buy a new home, click here to find out more about New West Realty and its beautiful condominiums located in the heart of Chicago!

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