The Chicago Real estate market managed a powerful start in 2021, with January recording the highest number of closings in 14 years. January 2021 reported a 17.1 percent higher closing than January last year, as the market strives to compensate for lost home sales during the early months of the pandemic. A huge chunk of the increase in sales came from condos that have been falling behind until January 2021. Condo sales increased by 21.4 percent while sales of single-family homes rose by 6.0 … [Read more...]
Archives for April 2021
Get the Answers to FAQs About Probate in Illinois
Probate is a difficult legal process, and many questions emerge during the administration of the decedent’s estate. The following are answers to some of the most frequently asked questions about probate law in Illinois: When Does Probate Come into Force? Once a person dies, his or her estate goes into probate. In Illinois, the formal probate process is usually compulsory if: The estate comprises assets individually owned by the decedent; andAll estate assets are worth over … [Read more...]