Posts in category "Adventures in House Hunting"

The Green Zone Litmus Test

Since this blog started out about house-hunting and it lives in the Real Estate section of ChicagoNow, I figured I should still occasionally write about Realty, property and related topics. What is the Green Zone? In certain local Real Estate Circles, the term Green Zone refers a subset of neighborhoods that are set apart from... Read more »

Why Isn't this house Selling

Back in October, I wrote about Stupid Seller Tricks. What I forgot to add to that post was that it isn’t always clear who is doing the driving: the seller or their agent. The house is listed as MLS 08420018 (note: you may need to create a Redfin account to see all the history). Notice... Read more »

The Mythical and Elusive Creature known as The Comp

Today I want to talk a little bit about comparable sales, or “comps” as the realtors call them. If you want to sell your home, you have to figure out how much can get for it. Sure you could just add the amount of money you want to how much you still owe on your... Read more »

Have Home Prices come back enough to sell your home?

Everyone seems to be buzzing that the Real Estate Market is returning. No one seems to have a clue what it is returning to. Anyone who has been paying attention knows that home sales have finally started moving in the up direction after so many years in the slumps. Pundits who write about Realty finally... Read more » A Yelp for apartment hunters

Ever rent an apartment and wish you had known what to expect before you signed a lease? Wouldn’t it be great if you could read reviews ala Amazaon or Yelp from former tenants? Maybe a handy rating system? What about a handy phone app? Unfortunately renting an apartment is one of those things that is... Read more »

Garage Saleing: An unorthodox approach to evaluating a neighborhood when buying a house

When you’re shopping for a home and trying to decide if a place is in a good neighborhood, many realtors will tell you to drive around the area at different times of the day (and night) to see what it looks like. They might also suggest you call the local police station and talk to... Read more »

The Little House that Could

One of the houses that would often come up on my searches is 5056 W Winnemac Ave in Jefferson Park. From the outside, this looked to be a decent looking 5 bedroom 3 bath house that seems to have been converted into separate apartments. Legal 3 unit building is what the description said, though I... Read more »

Humboldt Park split by realtors like Post WWII Germany

The other day I got one of the millions of emails from realtors telling me about their latest listing that “just came on the market”. This one intrigued me: West Bucktown single family home on corner lot w/ loads on sunlight! Open floor plan-large chef kitchen w/ top of the line finishes-large master bed w/organized... Read more »

Hold your horses Condo Owners, it's not 2005 pricing just yet

For the last several years, real estate insiders have been claiming that this year is the year the market returns to normal. It appears that they are finally correct since inventory is low and sale prices have increased for SFH. It seems every day a new listing appears only to get snapped up under contract... Read more »

First Dream House wasn't meant to be

I’ve been watching the Real Estate market since the fall of 2008 when I first thought about purchasing a home because I noticed prices were dropping. At first I considered buying a two flat using my HELOC as a down payment and then eventually moving into the building and converting it into a SFH when... Read more »