Property assessments, calculated every three years for tax purposes, are on the rise in the Homewood-Flossmoor area. For some residents, higher property assessments may be a reason to grumble. After all, an increased assessment might point toward higher property taxes. But government officials, on both the county and local level,[Read More…]
Tag: real estate market
It’s official. Homewood and Flossmoor are now recognized as two of the four hottest suburban real estate markets in the Chicago area. In its July 18 edition, Crain’s Chicago Business reported the surge in local home purchases based on recent data from the Chicago Association of Realtors.