Tag: chicago housing market

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 »

If this is such a great time to buy a home, why aren't more doing so?

A few weeks ago, I spoke with Louis Cammarosano, general manager with HomeGain, about a wide variety of topics, everything from why so many real estate agents across the country don’t like Pres. Obama to why home sellers and their agents have such a wide disconnect between what their homes are worth. At some point... Read more »

Fearing the appraisal in Chicago

Beki Darin I’d love to refinance my mortgage loan. Problem is, I don’t think my modest single-family home in Chicago’s west suburbs would appraise at a high enough value. In fact, I’m pretty certain that I am one of the many Chicago-area homeowners who is underwater. For those not in the know, this means that... Read more »
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HomeGain survey: Chicago, Illinois sellers and agents far apart on home values

Cammarosano You know there’s a disconnect between home sellers and real estate agents when 94 percent of agents think that their clients’ homes have dipped in value in the last year while only 54 percent of owners think the same thing. This disconnect is alive and well here in Chicago and Illinois. Those figures listed... Read more »

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 »

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 »
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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 »