Posts tagged as:

Chicago real estate

Chicago Home Sales up 32%

March 22, 2010

Local home sales were up 32% year over year in February 2010 from February 2009, however the median home sale price went down 10.3% during that same time period.   Crain’s Chicago Business just published an article that highlights this data in a neat fashion.  
The good news – the number of homes that sold year over year is up.  [...]

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2009 Profiles: Home Buyers & Home Sellers

March 2, 2010

The National Association of Realtors surveys home buyers and sellers each year to gather information about the home buying and selling process.  These surveys provide information on demographics, housing characteristics, and the experience of consumers in the housing market.  Buyers and sellers also share information on the role that real estate professionals play in home [...]

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Your Short Sale Agent MUST Know His Business!

February 18, 2010

I read an article just yesteraday that stated the average short sale success rate for most agents across the country is 23%.  Stated another way, real estate agents fail to execute the short sale transaction 77% of the time!  What’s the typical outcome of a failed short sale?  A FORECLOSURE!  Yes that’s correct – a foreclosure.   That [...]

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FOR SALE – 5048 N. Wolcott, #1N – $374,900

February 10, 2010

  
Great location close to Lincoln Square and Andersonville.  This home has an extra wide layout, providing a very open and bright space.  Large kitchen with lots of cabinets, a 10 foot island, granite countertops, and stainless appliances.  The master bathroom was just beautifully refinished and includes a whirlpool tub, separate shower, double vantity with granite [...]

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Foreclosure Alternatives

February 4, 2010

When facing foreclosure it is important to know that you have options.  Remember that when you are in foreclosure, or on the verge of foreclosure, you still own and control your property.  Take time to understand the options below, and make a educated decision on how best to proceed. 
In Illinois the foreclosure process from start to finish can take twelve to fifteen [...]

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The State of the Market…

February 3, 2010

I frequently get questions from clients about the state of the real estate market.  We are all well aware of the challenges that persisted in the residential real estate market through 2009, and most analysts have mixed feelings about what 2010 will bring.  I believe we will see a gradual increase in the total number [...]

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Hello Chicago!

January 25, 2010

I am a rookie blogger, and I will be learning as I go.  My plan is to use this website as a way to share good information with you, mostly about the Chicago area real estate market.  I’ll be sharing regular info about the housing market, statistics, useful links, professional referrals, and more.  Some of [...]

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