Wednesday, December 17, 2008

Olympics in Chicago 2016?!


Like many fellow citizens of Chicago, I support our bid for the Olympics in 2016. Today, some feel that our chances have been through a bit of a roller coaster. Chicago has enjoyed the spot light with the election of Barack Obama, as well as the cloud of political corruption brought out from the allegations against Gov. Blagojevich.
The Olympic Committee made a statement that Chicago's bid has not been hurt by the recent bad Blagojevich press, and I hope that's true.
In the video here, President Elect Obama makes his pitch for the Chicago2016. We are his adopted home city, and we offer a great venu to showcase America as well as our fine city.

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Housing Inventory Down 10% Over 2007

As reported by The Wall Street Journal, quoting data from the National Association of Realtors, housing inventories are down over last year. Typically we see a slow down at this time of year, and the slow down isn't too bad. In reviewing the 3rd quarter statistics for 2007 and 2008, from the Chicago Association of Realtors, the sales volume for Lincoln Park, Lakeview, Bucktown and Wicker Park are all down for single family homes and condominiums ranging from 10% to 30%. However, in comparing 3rd quarters for '07 and '08, average sale price went up in some cases, and went no lower than 4%. Real estate is a local.

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