According to the Chicago Tribune, a spring and early summer surge in home-buying in the Chicago area came to an abrupt halt in July, as local home sales slid 7.3 percent from a year ago. Industry experts, including Mainstreet Organization of Realtors (MORe), weigh in. To read the full article, click here.
The cremation rate in the United States continued its rise – to 48.6 percent in 2015, up from 47 percent in 2014 – reflecting a steadily growing public preference for cremation, according to a report to be released tomorrow by the Cremation Association of North America (CANA). Click here to read more.
According to Mainstreet Organization of REALTORS®, many suburbs are seeing increases in home sales. [Read article]
According to a recent McGraw-Hill Construction report, the number of people 55 and older who are in the market to buy or sell a home has increased by 50% in the last two decades. Supporting this trend, an AARP study on aging in place found that nearly 90% of respondents older than 65 said that they want to live in their own home as long as possible.
Read more here.
The Chicago area remains one of the nation’s most affordable places to buy a home, but that’s shrinking fast in Cook and Lake counties, according to a study released today.
In Cook County, affordability shrank 18 percent in the past year, according to data from RealtyTrac, an online real estate information company and foreclosure marketplace. In Lake County, the drop was 14 percent.
Read the full article from Crain’s.
OAKLAND — Lake Crest Elementary recently hosted a visit by the Tooth Wizard from Delta Dental of Illinois Foundation’s “Land of Smiles,” a program that teaches children cavity-combating oral health habits.
Pitting the heroic Tooth Wizard against the villainous Plaque Man, the performance educated pre-kindergarten through third-grade students about how to fight tooth decay by following the proper methods to brush and floss.
Read the full article from Journal Gazette/Times-Courier.
Not even the Tooth Fairy is spared from the effects of Wall Street tumult. For the second consecutive year the Tooth Fairy has left Illinois children with an average amount per tooth that’s below the national average. According to The Original Tooth Fairy Poll, sponsored by Naperville-based Delta Dental of Illinois, the Tooth Fairy leaves $2.71 per tooth in Illinois, down slightly from the national average of $3.91 and last year’s Illinois average of $2.89.
Read the full article from the Daily Herald.