The current environment may seem like a haven for home buyers looking to find their dream home. Rates are low. High inventory. Low demand. So why is the market still struggling national? 2.19 million homes were listed at the end of September. Down 20% from a year earlier, and the […]
Chicago
118 posts
Chicago area real estate statistics for residential and commercial properties have been updated for the past twelve months ending in Sept 2011. https://realtyevolved.net/residential-commercial-distressed-chicago-real-estate/ Sherwin L. Sucaldito, REALTOR®, GREEN, ABR, CRPM @properties The Institute of Luxury Home Marketing Green REsource Council, GREEN Accredited Buyer’s Representative , ABR Certified Residential […]
Dreaded property tax bills are expected to hit Cook County mailboxes the first week of October, and homeowners might find them a bit plumper than last year despite the continued housing market malaise. Figures released Thursday by County Clerk David Orr showed that Chicago residential, commercial and industrial property owners […]
There is a lot of talk in the Wicker Park / Bucktown neighborhood in Chicago with what could add more development into the area and intersection already undergoing many changes. A joint venture of Donald Wilson and Chicago-based hotel developer AJ Capital Partners recently bought the note on the distressed […]
With the rise of rental properties on the market along with situational landlords and foreign investors, many are finding themselves unprepared for management of real estate properties when problems arise. Even simple maintenance and preventative issues can be overlooked when no one is at the property to inspect and maintain. […]
Just listed in Back of the Yards (New City): Newly constructed single family home enclosed with wrought iron fence on oversized corner lot. Two story brick home with full finished basement. Published on http://RealtyEvolved.net
Air sealing is a new program and People’s Gas wants to test it out through a small pilot program. The timeline is fast approaching so take action soon if interested. From CNT, a division of Center for Neighborhood Technology. CNT Energy is partnering with the Chicagoland Natural Gas Savings Program […]
I am happy to introduce LaManda Joy, author of the edible gardening blog TheYarden.com and founder of The Peterson Garden Project (which by the way we are raffling off two open bar tickets to their next event) which is a revival Victory Garden in Chicago’s 40th ward. She wants everyone […]
It was recently reported that the U.S. Environmental Protection Agency has demanded that the Chicago River be cleaned up enough for recreational activities such as swimming, canoeing. The Cal-Sag and Little Calumet River is also included as part of cleanup efforts as reported by the Chicago Tribune. The IL EPA […]
Today marked the end of an era, which for a short time initially was an idealized vision of a vibrant new development which soon came to be controlled by gangs, drugs and violence. The Cabrini-Green Housing Project as of yesterday will be relegated to history one last time. The final […]
Chicago area real estate trends and statistics. Includes residential and commercial classes. Additional distressed & traditional versus total statistics on weekly basis. Posted at https://realtyevolved.net
Simple and cost-effective Green projects for your home. Originally published at https://realtyevolved.net by Sherwin Sucaldito.
Chicago area real estate trends and statistics. Includes residential and commercial classes. Additional distressed & traditional versus total statistics on weekly basis. Posted at https://realtyevolved.net
Results for Halloween Poll. What are your plans?
The median monthly housing costs for mortgaged owners was $1,505 and renters $842. What makes more sense for you? Originally published at https://realtyevolved.net
What are your favorite neighborhoods to trick or treat in? Results will be published before Halloween! Polling at https://realtyevolved.net
Illinois Attorney General Lisa Madigan, along with her counterparts in the rest of the country and the District of Columbia, have launched a joint investigation into allegations that mortgage companies mishandled documents and broke laws in foreclosing on hundreds of thousands of homeowners.
Current sellers may benefit in the short-term from fewer foreclosures on the market, which account for large percentage of transactions currently. RealtyTrac estimates that distressed sales account for a third of the residential real estate market, and depressing home prices by about 26%. Originally published at https://realtyevolved.net by Sherwin Sucaldito.
With many facing economic constraints, many owners are pondering how to keep energy costs low and affordable before putting on multiple layers and a coat indoors. Originally published at https://realtyevolved.net by Sherwin Sucaldito.
Commercial property developers took advantage of soaring property values at the market’s peak, using cash-out loans to pocket millions of dollars. Now lenders are left holding the bag.
New York Gov. David Paterson has signed into law the Bedbug Disclosure Act requiring New York landlords to disclose a one-year history of infestation to potential tenants. Could other cities follow? Originally published at https://realtyevolved.net by Sherwin Sucaldito.
Recent market information came out and we have captured the top spot for total volume, units sold and market time.
ShoreBank, the South Side lender that carved out a national reputation by successfully lending in low-income urban neighborhoods for three decades, was seized by regulators Friday after an extraordinary rescue effort featuring the nation’s largest financial firms fell short.
Many of Chicago’s neighborhoods have been transformed from zoning changes and new construction. What else was changed? Originally published at https://realtyevolved.net by Sherwin Sucaldito.
Luxury home buyers may find that locating their ideal home may be more difficult in the current economic environment. Originally published at https://realtyevolved.net by Sherwin Sucaldito.
It’s not just homeowners themselves who are feeling the strain of the current economy, but HOAs as well. Originally published at https://realtyevolved.net
Homes that had more amenities within walking distance can help boost home values. Originally published at https://realtyevolved.net by Sherwin Sucaldito.
Horatio Wilson was commission in 1909 to design 5100 S Hyde Park, one of the first luxury apartments in the area. Wilson himself would not be a stranger to luxury apartment housing, having designed the Raymond Apartments on Lake Shore Drive & Walton in the Gold Coast neighborhood. Originally published at https://realtyevolved.net by Sherwin Sucaldito.
The top five neighborhoods for condos, townhomes and coop living. Originally published at https://realtyevolved.net by Sherwin Sucaldito.
Current homeowners are now faced with neighbors emptying out and lower home values, or relocating and potentially selling at a loss. Originally published at https://realtyevolved.net by Sherwin Sucaldito.
Finally, last month brought two important milestones for @properties.
There has been a lot of talk about [Aqua], especially recently with news of Radisson opening up a Blu hotel on-site. Originally published at https://realtyevolved.net by Sherwin Sucaldito
With many of the new construction in today’s marketplace, well maintained vintage homes are starting to become a rarity. Originally published at https://realtyevolved.net by Sherwin Sucaldito
After the earthquake and aftershocks occurring in Haiti this past January, many of the agents at @properties made contributions to the Haiti Relief Effort, contributing $35,000 on behalf of their clients on February 15th. Several weeks after, the office surprised us by printing a special thank you in the Sunday’s […]
Previous and recurring trend in home living coming back in style, once again. Originally published at https://realtyevolved.net by Sherwin Sucaldito.
Owe less tax and get cash back from the IRS through the Earned Income Tax
Credit (EITC).
2009 was a challenging year for businesses across the globe. Some companies took it sitting down. Not @properties. We invested in new marketing and technology, opened new offices, and expanded programs to serve you better. The result: Our independent locally-owned company is stronger today than ever before. In fact, @properties […]
I had some questions about rentals, especially with the rental season around the corner. I have added additional information to answer some of the questions I received. Originally published at https://realtyevolved.net by Sherwin Sucaldito.