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 […]
Residential
65 posts
Many lending institutions are facing a large inventory of foreclosed properties. Many of them have sat vacant after foreclosure for lengthy periods of time and have fallen into disrepair, vandalism and theft or even fraud in some cases. There have been many ideas presented, but the growing inventory, limited resources […]
With many distressed properties on the market, many investors are looking at purchasing aggressively priced multi-units to convert into investments properties. In many areas, rental rates have either stabilized or increased in value due to demand. Additionally, some properties are in need of repairs to make them habitable. How can […]
The Illinois Association of REALTORS® (IAR) has discovered a technical error related to inconsistent data reporting that has resulted in inaccurate median price and sales volume reports for single-family homes and condominiums specifically and solely for the city of Chicago. This unintentional technical error only relates to city of Chicago […]
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 […]
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 […]
The weekly statistics for distressed and traditional real estate sales have been updated for last week. An index of local home prices fell in December for the fifth straight month, hitting its lowest point since the summer of 2001. The growing concern is over the “shadow inventory” or foreclosures/soon-to-be-foreclosures that […]
Monthly statistics through February have been posted! Supply seems to be lessening for residential. Lots of activity for commercial and industrial properties as contracts written and sales are up. Activity in vacant lots is heating up earlier as well than last year. View the residential real estate market dynamics analysis […]
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.
Considering purchasing a short sale or foreclosed home in need of repairs? What options are available to buyers in today’s market? 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
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
Many homeowner and builders are planning and developing new green design projects in their developments and existing homes. This first part in a series explores the planning of green developments. Originally published at https://realtyevolved.net by Sherwin Sucaldito.
Everyday consumers could still be affected by zoning depending on what their planned use will be; this could impact buyers of single family homes, vacant lots and multi-units especially. 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.
The current trend for the top five single family neighborhoods in Chicago. Originally published at https://realtyevolved.net by Sherwin Sucaldito.
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
2009 was no doubt a difficult year for many. For most people, “foreclosure,” “short sale” and “distressed” were phrases heard every day. This is not just a bad market we’re in; it is THE market of today. This is something that won’t change overnight. Originally published at https://realtyevolved.net
The home office has become not only an addition but a necessity in many people’s home
Originally published at https://realtyevolved.net by Sherwin Sucaldito.
Having gone through several [rehabs] myself, I learned a lot along the way, some after the fact.
With the current economic situation, one thing has been very common for many of us… our credit has been destroyed.