Archive for March 2012

Chicago Home Sale Activity Skyrockets In February

Chicago Home Sale Activity Skyrockets In February
It will be another 2 weeks before the Illinois Association of Realtors releases February home sales for Chicago. When they do the headline increase will be around 12.5% (it may actually be as high as 17.4% but there seems to be another data discrepancy that I need to report) – not bad – and I’m... Read more »

Rosie O'Donnell Sells Home In One Day

Rosie O'Donnell Sells Home In One Day
Just yesterday I posted about Rosie O’Donnell’s home going on sale after she lived there only 5 months. The Lake View home at 1517 W Grace was listed at $2.5 MM. Well, it sold in just one day. Of course, we won’t know the price until it closes but I was able to determine that... Read more »

After Only 5 Months Rosie O'Donnell Is Selling Her Lake View Home

After Only 5 Months Rosie O'Donnell Is Selling Her Lake View Home
Wow! It’s only been 5 months and Rosie O’Donnell’s home is back on the market. Back in September she closed on the Lake View home at 1517 W Grace for $2.25 million cash.  According to an article in the Chicago Tribune Rosie O’Donnell is “re-evaluating her real estate holdings”. The article goes on to say... Read more »
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The Missing Solution For Underwater Mortgages

The Missing Solution For Underwater Mortgages
The government and the mortgage industry have spent a lot of energy trying to figure out how to help homeowners with their underwater mortgages. There are initiatives underway to help homeowners refinance their mortgages or to write down the principal balances for homeowners that would like to stay in their homes at a lower cost.... Read more »