Jim Ludes: Your Grundy & Will County Expert's Thoughts

Real Estate Agent - RE/MAX Top Properties
Kennedy Homes has pulled out of Coal City where it was building Richard's Crossing subdivision. The home builder which ran billboards and signs boasting "Big Homes- Less Money" for nearly two years in the Coal City area has left....hardly to be heard from. Kennedy Homes, which generated $214 mill...
 Next year the Chicago Blackhawks will play 82 games....all televised! (All in High-def for that matter)Now I'm sure this seems like no big deal to most that would read it. But you probably don't know that in my entire lifetime (since 1979) the Blackhawks have not televised their home games! On o...
Hello friends,I have some very exciting news! Today I officially joined the staff at Century 21 Coleman-Hornsby. I'm thrilled to be part of Grundy County's #1 home-selling team.As listing market times are up in our area I feel it's very important to have the backing of a brokerage that takes sell...
Yesterday, a client of mine was informed that he would not be able to secure financing on a home loan unless he were able to come up with 3% for Private Mortgage Insurance (PMI).In brief: PMI is insurance payable to a lender that is required when taking out a mortgage loan with less than 20% down...
as reported in the Coal City Courant The village of Diamond and developers for Meadow Estates/Berta Crossings have reached an agreement regarding Berta Road. The Diamond Village Board voted unanimously to accept an engineered site plan and development agreement which outline the future of the Ber...
Coal City has won the 2008 Illinois Rural Water Association Award for its wastewater and water treatment plant!!!The Illinois Rural Water Association is a nonprofit independent group that isdedicated to the improvement and development of public and private water and wastewater systems. The agenda...
Steve Stone is going to be back in the booth as a color analyst for Chicago baseball- where he belongs. After a successful pitching career (including a Cy Young) Stone held the television analyst position from 1983-2004 (missing some time for health concerns) where is best known for being the lon...
In the market for a new home?Considering an FHA loan?The new limits are in per my colleague, Joe Mick with First Mortgage Corporation:Single Family: $410,0002 Unit: $524,8003 Unit: $634,4504 Unit: $788,450     Please feel free to contact Joe with any questions you may have or to set up an appoint...
 Hoppy the Bunny will be making his second annual appearance at Onorato Real Estate posing with children for free photos on March 15th between 10-noon.Don't worry if you're running a little late- Hoppy doesn't leave until the last youngster wanting to meet him is gone too. Hoppy and friends at On...
Yesterday, the Chicago Sun-Times ran a story about new Tribune majority-owner Sam Zell and his plan to sell naming rights to historic Wrigley Field, home of the Cubs. The newspaper's website is running a poll asking "Would you still attend Cubs games if Sam Zell changes the park's name?"What do y...


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Here you'll find my musings about real estate related topics. Some personal opinion, much local market data, and some local happenings in Grundy and Will County, IL.