I like the movie Inception. Success rests in the ability of an architect – whether it’s making the target believe the world is real, or keeping projections running around in a maze. Near the beginning, there is a scene when Arthur and Cobb meet with Saito in his helicopter on […]
real estate
While housing seems to continue to show signs life, it will be an ongoing fight. The month’s supply of inventory for Chicago single family and attached condos and townhomes are both below four months (rate at which the current inventory will take to sell, based on current sales rate) indicating […]
So it’s been all over the news that housing recovery is in full force across the country and not just in selective markets. A part of the recovery is due to supply, with inventory lower across all market segments, while real estate sales increasing at the same time from this […]
Foreign investors are on track to continue purchases, taking the place of other traditional buyers missing from the market, such as investors, developers and first time home buyers. This past year has seen a sharp increase in foreign real estate purchases. International buyers accounted for $82.5 billion, or 8.9%, of […]
Rates are low. So are home prices. So what’s preventing many from buying? For some, buying has become an obstacle as they are finding that financing their real estate purchase has become difficult. With a strong credit background, considerable down payments and reserves, many potential home buyers are finding that […]
As we enter a new year, I am finding myself guiding clients in this market, formulating strategies and guiding expectations. It’s no surprise that the real estate market has been difficult for the past few years and many economists are expecting more of the same for this year. But even […]
Chicago area real estate statistics for residential and commercial properties have been updated – Chicago real estate statistics. Overall, inventory is down across all real estate classes and contracts written and real estate sold are up from one year ago. Only businesses and multi-units have seen fewer properties sold than […]
Chicago area real estate statistics for residential and commercial properties have been updated for the past twelve months ending in Oct 2011. https://realtyevolved.net/residential-commercial-distressed-chicago-real-estate/ Contracts written is up for both residential and commercial properties. Months supply of inventory is also lower, although for several property types the drop has been […]
The robo-signing scandal that rocked the real estate industry at the end of 2010 was one more black mark on the U.S. housing market. But in retrospect, it may wind up being the best thing that happened to home sellers this year. That’s because the resulting foreclosure moratorium kept hundreds […]
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 […]
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. […]
It could be coincidence; it could be the sum of several factors. Maybe it is just my imagination… I was at the office tracking weekly market trends and activity on listings. It started with Memorial Day, and considering the gloomy news, warm weather it’d be hard not to find people […]
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
Updated Chicago real estate statistics for May 2011.
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 […]
There has been a lot of uncertainty in the marketplace lately. In the news there are reports of recovering taking longer, recovery happening now and even announcements that home sales are up. So what are we to expect, or believe when it comes to the future of the housing market? […]
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 […]
It’s been an exciting past few months here. A lot of the planned changes are now in development or being tested which I am looking forward to in the coming weeks. One of the major changes will be a revision of the entire site. We’ve been working on several concepts […]
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.
Holidays are a wonderful time of year. I myself enjoy the decorations, events and things that only come this time of year. Things can become challenging when planning for the holidays, entertaining in town guests and having your home on the market.
Updated distressed versus sales statistics. Originally published at https://realtyevolved.net by Sherwin Sucaldito.
When the moment comes, many buyers can be overwhelmed with the decisions, choices and potential compromises that can occur. Careful planning can help you maintain sight of important factors and your overall needs. Originally published at https://realtyevolved.net by Sherwin Sucaldito.
What is the difference between a traditional resale, short sale and foreclosure? There are only a few minor differences between them, but these differences could drastically alter the scenario, whether you’re a home buyer or seller. 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.
Even amidst the current debacle of robo-signers and foreclosures, many are still favoring short sales, even though they may be guilty of the same processes. 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
Do cash offers create a potentially better deal for buyers in today’s market? Are discounted prices or other concessions standard or do they even exist? 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
With changing technologies, public awareness and continual research being developed, it is important to further learn and understand the impact these technologies can have not only on the market, but how we live. As of today, I am proud to announce that I have completed all the necessary coursework and […]
There are some additional costs to consider that may be overlooked when buyers get too wrapped up in just the purchase price alone. 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 Chicago Tribune’s tour of the Trump Tower International Hotel.
Limited access to credit and job recovery impacts how fast housing can recover. Originally published at https://realtyevolved.net by Sherwin Sucaldito.
Featured in this past Sunday’s tribune, 2010 YTD statistics.
Homes that had more amenities within walking distance can help boost home values. Originally published at https://realtyevolved.net by Sherwin Sucaldito.
Recently, there have been several instances of traditional resales being extremely overly aggressive in pricing but not being able to sell which begs the question why. 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