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Groupon Tackles Chicago Real Estate: Housing Discount?

Groupon Tackles Chicago Real Estate:  Housing Discount?
While it’s not a half-priced home, Chicago-based Dreamtown real estate has hopped on the Groupon bandwagon.   Screenshot of Groupon Always striving to anticipate the next trend, Dreamtown is offering a $1000 “cash gift” at closing.  What does this mean and what’s the catch? Dreamtown has carved out a niche with the internet savvy market... Read more »

Lexington Park Apartments: Another South Loop Rental Story

Lexington Park Apartments As we reported a few weeks back, Lexington Park was going apartment and we now have some more details The building is located right at the edge of the South Loop (Indiana and Cermak) and features both high rise units and loft style units.  The full amenity building is still a few... Read more »

How Many Homes Are Underwater?!

Courtesy sacramentowaterdamageteam.com Crain’s reported earlier this week that 25% of Chicago area homes have mortgages larger than the current value of their home. Before you current homeowners rush to your nearest agent for a CMA (comparative market analysis), let’s take a closer look at these numbers  and what they mean for potential buyers and sellers... Read more »
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River North Development Offers Up Remaining Units for Sale

Silver Tower Courtesy Jameson Sotheby’s In a bold move, Silver Tower at 303 W Ohio, is offering their remaining 82 units as a block purchase.   The residential high-rise has been in the news for the last 2 years and with 35% of units still unsold, it seems that drastic measures were in order. Aimed... Read more »

Go Grocery Shop for Real Estate

Image Courtesy MyBONow.com We live in a society of convenience and instant gratification and real estate companies are catering to consumer demands. Chicago is one of a growing number of cities with grocery store satellite locations.   Where is Chicago’s going to be and why are more companies are doing this? The New Trend:On Tuesday, Inman... Read more »

What A Rahm Emanuel Victory Means for Chicago Real Estate

Rahm Emanuel Courtesy Facebook The election dust has settled and, as expected,  Rahm Emanuel Chicago’s next mayor.   Since Chicagoans pick a mayor and like to stick with it, a closer look at Rahm’s real estate plans is in order. Rahm and Real Estate 101: Vacant Land Neighborhood (Re)Development The Tech Park Real Estate, Transportation, and... Read more »
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10 Odd Economic Indicators- How Calvin Klein Is Leading the Market Turnaround

Calvin Klein Boxer Briefs Image Courtesy Nordstrom Worried about the economy?  You’re not alone. Fortunately, Kiplinger.com has put together a great list of strange economic indicators that can help us all sleep a bit better tonight. Public spending trends in some unusual indicator shed some light on consumer sentiment and confidence in the market place... Read more »

Facebook Stalking Your Real Estate Agent

Facebook Stalking Your Real Estate Agent
There is nothing wrong with doing some good research before decide to work with someone.  If someone has left their profile, photos, or cryptic status updates for the world to see- go for it.  Judge.  It’s the right thing to do. (Keep in mind- they are probably doing the same thing to you) Google away... Read more »

Real Estate Red Flags- Five Things To Watch Out for When Buying A Home

Real Estate Red Flags- Five Things To Watch Out for When Buying A Home
Not all homes are created equal.   A home inspection is always suggested but we have compiled a list of things to look out for, before going to contract.Note: Not all are deal breakers and we have added some potential ‘fixes.’ These five things are easy to look out for and can end up saving you... Read more »
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Chicago Residents Are Miserable: Chicagoans Rank in the Top 10 Most Miserable

AP Photo/M. Spencer Green Forbes.com has come out with their annual list of most miserable cities As if the blizzard and bitter cold weren’t reason enough to break our spirits, the commute and even real estate have placed our fine city in the top 10. According to the article: Two of the 10 largest metro... Read more »