Tag: @globalfooter

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 »

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 »