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August 2017 

 

Chicago Top Location for Global Real Estate

Global real estate investors and institutional firms should look at Chicago as an optimal long term investment, according to its ranking as one of the top five cities internationally by Schroders Global Cities Index. The index was determined by a number of factors including demographics, median household income, retail sales, gross domestic product, potential future growth, and local university rankings. 

 

Homeownership Rate Improves

The U.S. homeownership rate climbed to 63.7 percent in the second quarter, according to the U.S. Census Bureau. This number is a jump of nearly a percentage point from a year ago, when homeownership was at a 50-year low. The rate has steadily climbed since that time, signaling a reverse in course. 

 

How’s the Market – 3rd Quarter 

How’s the market? We hear this question all the time. Homes continue to sell faster, while home sales volumes and median prices of homes sold have increased. Interest rates remain steady. To read the entire market report for the quarter, please click here.

 
good to know
 

Preserving Summer’s Fruits and Vegetables 

Whether you find yourself making weekly trips to the local farmer’s market during the summer, or are finding the best fruits and vegetables in your grocery’s produce section, there are ways to preserve them so that you can enjoy them in the fall and winter! HGTV.com offers tips on how to freeze this season’s food such as peaches, tomatoes, strawberries and watermelon. To see the helpful tips, please click here.

 

Cool Off with a Cold Beverage

As we close out summer in August, Delish.com offers 19 summer drink ideas to help cool off a hot day and liven up any get together. Mix up a mango-peach fizz, pineapple cooler, or rhubarb lemonade for a refreshing taste of the season. To read all of the recipes, please click here.

 

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George & Katrina de los Reyes
Real Estate Brokers
GKChicago@KoenigRubloff.com
Office (847) 512-2725
GKChicago.com
 
 
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