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Posts in category "Chicago real estate success stories"

Resisting the temptation to declare the start of a Chicago housing market rebound

The March sales numbers from the Illinois Association of Realtors were good for Chicago. Not only did the number of condo and single-family home sales in the city rise during the month, so did the median price of these sales. That last point is important. For months, city of Chicago home sales have been rising... Read more »
By DanRafter,
April 21, 2012 at 7:21 pm
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When does renting out that hard-to-sell Chicago condo make sense?

When does it make sense to move from trying to sell your Chicago condo to trying to rent it? For Adam Hrejsa, that point came after he reduced the asking price of his condo in Chicago’s River West neighborhood twice. When his real estate agent suggested he reduce the price a third time, Hrejsa took... Read more »
By DanRafter,
September 9, 2010 at 8:32 pm
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Finding the silver lining of falling housing prices

Bob Arnold’s certainly not a pessimist. How can he be? He’s found the silver lining in falling home prices. Arnold is a real estate agent with RE/MAX Team 2000 in Orland Park. You’d think he, of all people, would be sweating the lower housing prices. But here’s what he’s found: The lower housing prices in... Read more »
By DanRafter,
August 26, 2010 at 8:59 pm
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First-time homebuyers still face challenges

First-time homebuyers still face challenges
Buying a home today is supposed to be easier than ever for first-time home buyers. Sellers are desperate, and are willing to compromise on everything from sales price to repairs to closing dates. At the same time, housing inventories are high, meaning that buyers have plenty of homes from which to choose. But Greg McCoy... Read more »
By DanRafter,
August 18, 2010 at 11:31 am
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Real estate slump impacts more than just agents, loan officers

Real estate slump impacts more than just agents, loan officers
Wayne Smith The long real estate slump hasn’t been kind to Chicago real estate agents and mortgage lenders. There’s no arguing this. But these real estate professionals aren’t the only ones hurting because of the housing slowdown in the city. Last month, I interviewed Wayne Smith, president of Chicago’s Pioneer Engineering and Environmental Services. Developers... Read more »
By DanRafter,
July 8, 2010 at 10:24 am
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Kendall County fastest growing county in the country. Who knew?

Quick, name the fastest growing county in the country. Of course, if you read the headline of this post you know the right answer. But if you hadn’t, would you ever have guessed it was Kendall County, Ill.? Turns out, though, that this county, about as far-flung a suburb of Chicago as you can get... Read more »
By DanRafter,
June 23, 2010 at 9:27 am
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Lincoln Square still the little neighborhood that could

The Fountain View, Lincoln Square Monique Sandberg lives in Chicago’s Lincoln Square. She serves as the president of the Lincoln Square Chamber of Commerce. And as an agent with Prudential Rubloff, Sandberg sells condominiums and single-family homes here, too. It’s safe to say, then, that she’s a bit of an expert when it comes to... Read more »
By DanRafter,
June 21, 2010 at 8:37 pm
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Richard Stein: Chicago has the right stuff for a housing, economic rebound

Richard Stein Richard Stein is a realist. He also knows his real estate. He’s senior managing director of Chicago-based commercial real estate developer Mesirow Financial, so when he says that Chicago’s housing market and economy are poised to boom again once the nation’s economic recovery picks up more momentum, I believe him. The problem is... Read more »
By DanRafter,
June 19, 2010 at 2:13 pm
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Sean Conlon believes in Chicago housing again, and that's good news

Sean Conlon Here’s a good sign that the residential real estate market in Chicago is in full recovery mode: Sean Conlon is back in it. Conlon has always had a knack for making money from real estate. In the mid-1990s, he became the top-selling real estate agent in Chicago. Pretty impressive considering that Conlon didn’t... Read more »
By DanRafter,
June 16, 2010 at 6:37 pm
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Paul Beitler: Frugal consumers don't help the economy, or real estate

J. Paul Beitler Because I’m the editor of a real estate trade magazine I often get to speak with influential leaders in the world of real estate. This morning I spoke with J. Paul Beitler, president of Chicago-based Beitler Real Estate Corporation, one of the more influential commercial real estate companies in the country. You... Read more »
By DanRafter,
June 15, 2010 at 3:18 pm
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