Archive for February 2016

Real Estate Commission Rebates: The Best Kept Secret In The Real Estate Industry?

Real Estate Commission Rebates: The Best Kept Secret In The Real Estate Industry?
You would think that something as basic and lucrative as real estate commission rebates would be pretty well known and sought after by home buyers but apparently, and shockingly, they are still a very well kept secret. A simple check of Google Trends shows that in the entire Chicago area maybe only 30 people per... Read more »

Home Price Forecast: Experts A Bit More Optimistic

Home Price Forecast: Experts A Bit More Optimistic
Last week Zillow/ Pulsenomics released their 1st Quarter 2016 Home Price Expectations Survey of more than 100 housing experts and the results paint a slightly more optimistic outlook for this year and the next 5. They raised their home price forecast for the nation for 2016 to 3.7% appreciation vs. only 3.4% appreciation last quarter.... Read more »

Case Shiller: Chicago Area Home Prices Gaining Steam But Still Slower Than Other Metros

Case Shiller: Chicago Area Home Prices Gaining Steam But Still Slower Than Other Metros
S&P released the December Case Shiller home price index this morning for the Chicago metro area and 19 other areas. The Case Shiller Chicago index showed a bit of improvement in our year over year price increase but we are still lagging all but one other metro area – Washington DC. The graph below shows... Read more »
Advertisement:

RealtyTrac Market Report: Chicago Foreclosure Activity Hits New Low

RealtyTrac Market Report: Chicago Foreclosure Activity Hits New Low
It sure seems like every time I declare a bottom in Chicago foreclosure activity RealtyTrac comes out with even lower numbers to prove me wrong. I have updated my graph below using the January data that they released today and overall activity has hit a new record low. You can sort of tell that the... Read more »

Chicago Home Price Variations: University Commons

Chicago Home Price Variations: University Commons
This is a promised follow up to yesterday’s post  about Chicago home price variations that don’t make sense. We recently represented buyers of a Fannie Mae foreclosure at University Commons – a 2 bedroom, 2 bath condo with a den at 1150 W. 15th, unit 418. Although the price is listed at $300,000 it was... Read more »

Chicago Home Price Variations

Chicago Home Price Variations
I see it all the time and it often leaves me scratching my head. Two similar properties sell for significantly different amounts of money. Or maybe the homes are in fact different but the price differences seem disproportionate to the differences in the properties. On the surface it looks like somebody got a really good... Read more »
Advertisement:

Does Your Real Estate Investment LLC Give You Bullet Proof Asset Protection?

 Does Your Real Estate Investment LLC Give You Bullet Proof Asset Protection?
This guest post was written by Jackson Cooper, a writer and real estate enthusiast, involved in the outreach team at  Jensen and Company. Follow them on Twitter Or Facebook. The United States is by far the most litigious country on the planet. The Pacific Research Institute estimates about 15 million civil lawsuits are filed in... Read more »

Chicago Real Estate Market Update: January Showing Signs Of Strength

Chicago Real Estate Market Update: January Showing Signs Of Strength
After 3 months of stagnant home sales relative to the previous year the Chicago real estate market finally delivered a stronger January that came in 5.3% higher than last year. Yeah, that’s not much to brag about really but it is a decent number. However, the Illinois Association of Realtors will report growth of approximately... Read more »

Guaranteed Sale Programs: Real Estate Agents That Buy Your Home If They Can't Sell It

Guaranteed Sale Programs: Real Estate Agents That Buy Your Home If They Can't Sell It
Several people have recently told me that there is an area realtor running radio commercials where she guarantees that she will sell your home or she will buy it from you. This was news to me only because I don’t listen to AM radio. What’s not news to me is the concept, which has actually... Read more »
Advertisement: