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LOW CHICAGO HOMES-FOR-SALE INVENTORY ADDS QUESTION MARK TO HIGH-ENOUGH APPRAISALS
IN CHICAGO, MORE UNDER-APPRAISALS RESULTING FROM LOWER INVENTORY LEVELS IN MANY NEIGHBORHOODS! Having a Home or Condo, Pending Sale, Under-Appraise is HEARTBREAKING! Seller and Buyer are disappointed because such an under-valuation makes a scuttled deal Read More...
GOOD NEWS, BAD NEWS HEADING INTO THE SPRING REAL ESTATE MARKET IN CHICAGO
UNITS SOLD, MEDIAN PRICES RISE . . . BUT HIGH LEVELS OF DISTRESSED PROPERTIES IN AND AROUND CHICAGO COULD HOLD DOWN PRICES! Some Positive Signs going into the Spring Market in Chicago! According to the Mortgage Bankers Association, availability of Mortgage Read More...
FOR BUY-AND-HOLD REAL ESTATE INVESTORS, ARE THERE FEWER BARGAINS IN CHICAGO?
AS LOCAL PRICES RISE HERE, THE ECONOMICS OF SOME REAL ESTATE INVESTMENT STRATEGIES HAVE CHANGED! If there was any Silver Lining to Price Declines in the Chicago Real Estate Market over the last few years, it did offer Strong Opportunities for Financial Read More...
CHICAGO REAL ESTATE CHECK-UP - FIRST HALF, 2014
YOUNGER BUYERS DELAYING PURCHASE, HOME OWNERSHIP PERCENTAGE FALLING, LOW INTEREST RATES CONTINUE, MORE FOR-SALE INVENTORY, AND FEWER OWNERS IN DISTRESS MARK 2014 IN CHICAGO THUS FAR! Unfortunately, still no "Full Recovery Mode" for the Housing Read More...