ChattanoogaSocial

Wicker Park Bucktown Insider's Guide

Wicker Park Bucktown Real Estate- Rentals, Sales and Purchases

Michael Hamrick - Sunday, December 02, 2012

We get so many inquiries about Wicker Park & Bucktown area real estate that we decided to create a blog post for it. We are also in the process of creating an ongoing column about Real Estate in the Bucktown and Wicker Park neighborhoods so you can keep your pulse on the market every month.

 

Selling

From a sales perspective, the market is still sluggish so be prepared for lower values. In Wicker Park & Bucktown proper, values are down about 10% from the heyday of 2007. So be prepared. The great news is....sales have really started to pick up in the neighborhood. It looks like we may just have reached the bottom and are in the process of turning the corner.

 

Rentals

The rental market is very strong in Wicker Park, Bucktown and the surrounding neighborhoods and what that means is that there are very few rentals to be found. Properties rent quickly. And finding anything for less than $1,000/month is very difficult.

 

Buying

If you can get financing, now is a great time to buy. Rates are as low as 3.5%. Inventory is somewhat limited but prices continue to be lower than they have been. Buyers are out in force now. If you wait much longer, prices will be higher. With the demand I'm seeing, prices will definitely stabilize next year.

 

So don't wait forever. Find a great home now.

 

Have additional questions or need help?

 

Contact Wicker Park & Bucktown Real Estate Expert

Thyra DeCicco - @properties

1875 N. Damen Bucktown Office

Email: thyra@atproperties.com

Phone: 773-432-0200

 

Website

Trackback Link
http://www.wickerparkbucktown.info/BlogRetrieve.aspx?BlogID=5545&PostID=252727&A=Trackback
Trackbacks
Post has no trackbacks.

Recent Posts


Tags

wicker park business closings lincoln park advertising opportunities Bucktown Wicker Park Bucktown Contests wicker park music Wicker Park Bucktown Restaurants wicker park real estate wicker park bucktown alert wicker park chicago chicago emergency veterinary specialty chicago artists wickerpark bucktown sunday scoop celebrity sightings wickerpark bucktown bucktown chicago wicker park fest wicker park restaurants lakeview advertising opportunities wicker park bucktown closings wickerpark bucktown community wicker park bucktown news chicago veterinary emergency specialty clinic dr seth ghantous bucktown restaurants west town advertising bucktown rad events wicker park farmers market wickerpark bucktown black wednesday wicker park bucktown marketing Chicago Real Estate wicker park bucktown weekend guide weekend guide Bucktown Retail News logan square advertising opportunities wickerpark veterinary clinic wicker park bucktown community wickerpark bucktown events Wicker Park, Bucktown, Bars, Shopping, Art Exhibits wicker park history bucktown bars Bucktown Festivals chicago fire filming wickerpark bucktown festivals Submit A Wicker Park Bucktown Business wicker park bucktown shopping wicker park bars wicker park bucktown filming Wicker Park, Bucktown, Holiday, Shopping, Events Chicago Craft Beer Week Advertisement WickerPark Bucktown Elections wicker park lollapalooza wicker park bucktown internships Wicker Park wicker park crime wicker park rad events Wicker Park Festivals WickerPark Bucktown Deals Logan Square Chicago wicker park bucktown real estate crime wicker park bucktown wicker park bucktown farmers market wickerpark bucktown rad events chicago wicker park art wickerpark bucktown lost and found wicker park weekend guide bucktown crime chicago advertising opportunities do division wicker park

Archive