Luthetis Realty Group
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Whether you are transitioning from suburbia, a new city dweller, a seasoned resident who is looking to move from renter to owner or an investor looking to build your portfolio, we are well-equipped to meet your specific needs. As a full service company, Luthetis Realty Group provides the full range of services needed to accomplish your specific goal. They include assistance with downsizing, moving
08/19/2023
Unlike other cities, Chicago has an abundant supply of homes that shows no sign of running out.
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Unlike other cities, Chicago has an abundant supply of homes that shows no sign of running out. Chicago is classified as a cool city, meaning it has sufficient housing stock due to its population loss. Although Chicago ranks near the bottom for new housing permits among 27 major US metro areas, its low rate of building is not a major concern due to its population decline. St. Louis and Detroit...
07/29/2023
Study: Chicago has second highest commercial property taxes in country
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Study: Chicago has second highest commercial property taxes in country According to Ted Dabrowski from Wirepoints, Chicago is facing the risk of a “doom loop” due to its high crime, bad schools, empty downtown office buildings, and high taxes that are driving businesses away. A Lincoln Institute of Land Policy study found that Chicago has the second highest commerc...
07/03/2023
Mortgage Rates Begin Cooling, Says Freddie Mac; Economists Forecast A Drop Later This Year
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Mortgage Rates Begin Cooling, Says Freddie Mac; Economists Forecast A Drop Later This Year Mortgage rates have been decreasing for three consecutive weeks, with the 30-year, fixed-rate mortgage averaging 6.67% and the 15-year, fixed-rate mortgage averaging 6.03%. Despite the decrease, the housing market remains costly and inventory challenges persist. Economists are now projecting mortgag...
06/21/2023
Why '20 Percent Down' Is A Home-Buying Myth In 2023
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Why '20 Percent Down' Is A Home-Buying Myth In 2023 The requirement of a 20% downpayment for a home loan is no longer the standard, and buyers can now put down anywhere from 5-20%, depending on their situation. Factors such as credit score, income, and age all affect the amount of the downpayment, with conventional loans requiring a minimum of 3%. Ad...
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8435 S Cottage Grove Avenue
Chicago, IL
60649
