Archive for September 2013

Using Real Estate Agent Ratings To Select An Agent

Using Real Estate Agent Ratings To Select An Agent
I don’t know about you but when I want to get the inside scoop on a restaurant, a plumber, or an auto mechanic I check out their online ratings. And when I am particularly pleased or displeased I make sure I contribute to those sites. So why wouldn’t you do the same thing when you... Read more »

Case Shiller: Chicago Home Prices Hit Highest Level In 3 Years

Case Shiller: Chicago Home Prices Hit Highest Level In 3 Years
This morning’s release of the Case Shiller home price index for July shows prices for both single family homes and condos in Chicago hitting a 3 year high. The index for single family homes was up 3.2% over June while condo prices were up 3.9%. That 3.2% increase for single family homes was the highest... Read more »

The Single Family Homes Of University Village

The Single Family Homes Of University Village
You could drive through University Village and never even realize that they have 36 really nice single family homes. That’s because they are hidden on Emerald Street on the east side of Halsted behind the usual walk-up condos. This stretch of Emerald is like a mini boulevard with a small park at the north end,... Read more »
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Jerry Kleiner's Villa: West Town's Most Expensive Home South Of Division

Jerry Kleiner's Villa: West Town's Most Expensive Home South Of Division
West Town has a few multi-million dollar homes but almost ¬†all of them are located in the Bucktown portion and one is located in Wicker Park – all north of Division. However, there is one home at 1424 W Ohio that stands out from everything else in the immediate neighborhood as exceptionally cool and it’s... Read more »

Chicago Foreclosure Activity Has Come A Long Way Since The Bubble Burst

Chicago Foreclosure Activity Has Come A Long Way Since The Bubble Burst
Every month around this time RealtyTrac comes out with their Foreclosure Market Report for Chicago and the nation. Yesterday morning they released the August report which basically shows no material change from July. However, the more interesting information is contained in a long term graph they provide for the entire Chicago metro area. Let’s start... Read more »

Another $125,000 Knocked Off Ferris Bueller House

Another $125,000 Knocked Off Ferris Bueller House
The famous Highland Park home featured in the 1986 Movie Ferris Bueller’s Day Off just went back on the market a month ago at a reduced price of $1.5 MM and already the price has been reduced another $125,000. Apparently there is just not enough interest in this classic home. My last post on this... Read more »
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August Chicago Real Estate Market Update: Home Sales Jump 26.4%

August Chicago Real Estate Market Update: Home Sales Jump 26.4%
August marked the 26th month in a row of spectacular real estate market performance in Chicago with home sales up 26.4% over last year and at the highest level of the last 6 years. In fact, as you can see in the graph below August 2013 home sales were the 6th highest in the last... Read more »

Fewer Homes For Sale In Chicago Does Not Mean Tight Supply

Fewer Homes For Sale In Chicago Does Not Mean Tight Supply
It turns out that it could simultaneously be true that Chicago has fewer homes for sale this year while having a greater supply of homes for sale and understandably the media is very confused by this. First, it is unquestionable that the inventory of homes for sale is dramatically down over last year – about... Read more »

Why You Should Die With A Lot Of Credit Card Debt

Why You Should Die With A Lot Of Credit Card Debt
I’m not actually recommending that you run up your credit card balance before death but I thought that was a pretty catchy headline. Nevertheless, what I am about to tell you sure came as a surprise to me when I experienced it first hand (just to clarify…I did not die) and sure enough this article... Read more »
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    Gary Lucido

    After 20 years in the corporate world and running an Internet company, Gary started Lucid Realty with his partner, Sari. The company provides full service, while discounting commissions for sellers and giving buyers rebates.

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