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Posts tagged "condominiums"

Condo building auctions not popular in Chicago these days

Evan Gladstone With the Chicago housing market still struggling, and with unsold condo units glutting the city market, you might think that lenders would be selling a lot of multi-unit condo buildings at auction these days. You’d be wrong. Evan Gladstone, executive managing director of Chicago’s NRC Realty & Capital Advisors — a national real... Read more »
By DanRafter,
July 23, 2010 at 8:55 pm
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Selling a Chicago condo doesn't have to be impossible

The statistics are gloomy. There’s a glut of unsold condos in downtown Chicago. Selling one is a difficult task. Surprisingly, though, moving a condo isn’t quite the impossible task you might think. Just ask the Ferrazza family. Joe and Angela Ferrazza last summer sold their investment condo in Chicago’s River North neighborhood in about two-and-a-half... Read more »
By DanRafter,
June 1, 2010 at 2:59 pm
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The new world of Chicago housing

My timing was awful. Housing prices in Chicago plummeted as soon as I finished signing my name on our closing documents. That was back in 2006, when my wife and I purchased our home in suburban Chicago. We managed the neat trick of buying when housing prices in the city and suburbs were at their... Read more »
By DanRafter,
May 27, 2010 at 11:56 am
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