Archive for August 2018

Selling Your Home Fast - The Right And Wrong Way

Selling Your Home Fast - The Right And Wrong Way
This is a follow up to last week’s post on selling your home fast to flippers or vultures. Based on some of my own experiences, it covered the worst way possible to sell your home fast and also explained what’s driving those economics. There was actually way more material on this subject than I could... Read more »

Case Shiller: Chicago Home Price Appreciation Still Sucks

Case Shiller: Chicago Home Price Appreciation Still Sucks
Despite a real estate market with really short market times that leaves homebuyers scrambling for opportunities the Chicago area’s home prices continue to struggle to rise in line with the rest of the nation. This major head scratcher is evident from the latest Case Shiller Chicago area home price index for single family homes which... Read more »

Chicago Foreclosure Activity Didn't Show Much Improvement In July

Chicago Foreclosure Activity Didn't Show Much Improvement In July
On Tuesday ATTOM Data Solutions released their July Foreclosure Market Report, pointing out that foreclosure starts for the nation as a whole increased from the previous year for the first time, following 36 consecutive months of decreases. This increase was seen in 44% of the metro areas that they analyze. They provided this heat map... Read more »
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How To Sell Your Home Fast

How To Sell Your Home Fast
Simple. Sell your home to a real estate vulture and get screwed. You can always sell your home fast enough if you are willing to let it go really cheaply. But why would you when you have much better alternatives? Sell Your Home Fast And Cheap To Flippers/ Real Estate Vultures You’ve seen the signs... Read more »

Chicago Real Estate Market: How Fast Homes Have Been Selling In 2018

Chicago Real Estate Market: How Fast Homes Have Been Selling In 2018
I should probably analyze how fast homes are selling at least once a year because it’s a great way to get a more in depth look at the overall health of the Chicago real estate market. The last time I did it was two years ago around this time of year: Chicago Real Estate Market:... Read more »

Preparing Your Home For Storms

Preparing Your Home For Storms
This guest post was written by Tony Licari, Chicago District General Manager for Sears Home Services. In Chicago, summer means barbeques and music festivals, but it can also bring extreme weather and storms – which we’ve seen plenty of both recently. However, there’s a lot homeowners can do to prepare. A quick fix: when severe... Read more »
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NAR Reverts To Old Nonsensical Position On FSBO Debate

NAR Reverts To Old Nonsensical Position On FSBO Debate
I really thought we had put this issue to bed a year ago – the real cost or savings of for sale by owner – when some smart guys finally looked at the problem the correct way. For years the National Association of Realtors made outrageous claims about how a real estate agent could get... Read more »

Chicago Real Estate Market Update: July Home Sales Beat Last Year

Chicago Real Estate Market Update: July Home Sales Beat Last Year
The Chicago real estate market just had it’s largest annual percentage home sales increase in 16 months. July was up 4.1% from last year but I’m really not impressed. The graph below shows monthly Chicago home sales going back to January 1997 with all July points flagged in red and a light blue 12 month... Read more »

Chicago's Safest And Most Dangerous Neighborhoods 2018: Assault & Battery

Chicago's Safest And Most Dangerous Neighborhoods 2018: Assault & Battery
Last week I attempted to provide some updated data that people could use to evaluate which are Chicago’s safest and most dangerous neighborhoods. That first pass was based upon murders, which is what people really obsess about since getting murdered is usually pretty severe and irreversible. The only thing is that you are far more... Read more »
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