Feb 17 Update: Hope you all have been enjoying the great weather we’ve been having!!! A few new features were rolled out today. We changed the format on our current listings page and added a slideshow feature to each listing. This is a precursor for a huge deployment currently being […]
News & Information
95 posts
Hope everyone’s year is off to a good start!
Chicago area real estate weekly distressed and traditional versus total statistics.
Monthly statistics for Chicago area residential and commercial sales.
Updated distressed versus sales statistics. Originally published at https://realtyevolved.net by Sherwin Sucaldito.
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.
FHA has changed their mortgage insurance premiums which will start with cases ordered on October 4, 2010. Originally published at https://realtyevolved.net by Sherwin Sucaldito.
Crain’s this week reported that Class A apartment buildings have increasing rents and is on pace to continued growth as more residents seek rental options. Demand has grown based on economic uncertainty and employment stability. 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.
News on the housing market seemed to be the hot topic at the office and with good reason. Today, with new home sales and existing home sales dropping, many are wondering what’s next. Originally published at https://realtyevolved.net by Sherwin Sucaldito.
In mid-July, President Obama signed sweeping financial services reform into law. The 2,300-page law creates an oversight agency for financial services companies and a consumer financial protection bureau. 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 […]
In an article by Trevor Baker written in Oct 2009, he wrote how several ground breaking skyscrapers can signify a downturn in the market. Most notable examples were the “Empire State building, which was finished in 1929, didn’t achieve full occupancy for 40 years;” The Sears Tower in Chicago and […]