July Illinois Home Sales Up 18.4 Percent from a Year Ago

The statewide median price in July was $153,000, down 3. Realtors The median is a typical market price where half the homes sold for more, half sold for less. Since April, the unemployment rate has not shown any definitive movement. The median price in July 2011 was $182,500 in the Chicagoland PMSA, down 5. The city of Chicago median home sale price for single family and condominiums in July 2011 was $210,000 up 6. We will continue to monitor inventory, FHA changes to loan limits and accessible and affordable mortgages for qualified buyers. The Illinois Association of Realtors(R) is a voluntary trade association whose 44,000 members are engaged in all facets of the Real Estate industry. In addition to serving the professional needs of its members, the Illinois Association of REALTORS(R) works to protect the rights of private property owners in the state by recommending and promoting legislation that safeguards and advances the interest of real property ownership. Joachim Schmidt:"Demand for our products is higher than ever before. Politics News »Obama jobs ideas to target long-term unemployed It looks like the OBAMA administration's new ideas for job growth will in part target those who have been out of work for an extended period. As we reported Wednesday, President Obama will lay out new ideas to boost the economy in a major speech soon after Labor Day. President Obama's annual vacation to Martha's vineyard is already under fire, and he's barely unpacked. Is it fair for the commander in chief to relax when the country is facing big problems. Is it fair for the commander in chief to relax when the country is facing big problems. President Obama leaves for a 10-day vacation to Martha's Vineyard today, a trip that has already stirred controversy.