Tag: Quote of the day
Quote of the day – mortgage cops will lock you up
Thinking about strategically defaulting on your mortgage and seeing how long you can live in your home without paying?
Think about what Heath Wolf [...]
Quote of the day – the 2003 pack mentality and slow sales
In the days when new construction boomed in Chicago we published New Homes Magazine, a 4-color print publication packed with ads and stories. An a [...]
Quote of the day – geezer home markdowns and new urbanist buzz
Our quote comes from Walter Russell Mead's rumination on the Millennial generation and housing:
At the end of the day, the nation’s housing st [...]
Preservationists gone wild, chain-link fence edition
At The Atlantic, Megan McCardle quotes from a Washington Post article on homeowners who ran afoul of Old Town Alexandria preservationists when the [...]
Quote of the day – get crooked or get out
From this morning's e-mail:
I … did flips and short sales on the south side until early 2007. By then, the vast majority of flips had at least one [...]
Quote of the day – making doo doo in Pilsen
From a Craigslist roommates ad:
when shit comes your way, you make doo doo. . ..so I have 2 rooms for rent that are looking to be filled ASAP. I'm [...]
Quote of the day: Home values see biggest quarterly drop since ’08
"Home value declines are currently equal to those we experienced during the darkest days of the housing recession. With accelerating declines during t [...]
A million is the median in Lake View
Eric Rojas, on the Lake View market at the end of 1Q 2011:
Over the last three months the median price of a closed or under contract single fam [...]
Quote of the day: The short sale shuffle
It's important to remember most short sale listing prices have not been approved by the bank. In many cases, the seller just wants offers to try and g [...]
Quote of the day: Where we’re going
Aaron Renn of The Urbanophile digs into the new Census numbers at NewGeography.com:
The non-Hispanic White Only population of the city actually dec [...]
Quote of the day: Worn down by open houses
"I had enough. That whole morning we would spend cleaning up, tidying things, and that was time we couldn't spend playing with him...At some point, af [...]
Quote of the day: @ can’t let go
"Death might be an overblown term. I don’t think it's dead."
- @properties co-founder Michael Golden, maybe the only man in all of Chicago who hasn [...]
Quote of the day: Giving it away at 200 Squared
"To get people in, they've needed to give away the store."
- Fifield Companies President Steven Fifield, giving his take on a competitor's attempt [...]
The condo market sleeps with the fishes
"Make me an offer I can’t refuse," says Nicholas S. Gouletas, the godfather of condominium sales, and the chairman and CEO of American Invsco.
[...]
Quote of the day: A home price disconnect
No question it is a buyer's market out there, but really only for the buyers who don't have to sell. Those who do have to sell, the move-up buyers, ar [...]
Quote of the day: Up in smoke
"The good majority are smaller landlords who have had their apartment buildings for 20 or 30 years, and they're thinking they're going to rehab them i [...]
Quote of the day: South Loop = Moline?
From the Tribune:
The reason (the South Loop) is getting crushed is it's only the South Loop in a good market. In a bad market, it's no man's land. I [...]
Quote of the day: Foreclosure Revelations
In the best case scenario, the issues are simply technical, the situation is resolved and the foreclosure process continues. Many believe housing won’ [...]
Quote of the day: Buyers still pay a premium for new construction
This is about driving off the lot in a NEW car. It does not matter to these buyers that they are usually far outpacing the median price per square f [...]
Quote of the day: You are your kitchen
Over the years I’ve been in a number of homes built or renovated by the award-winning design-build firm of Benvenuti and Stein, but had never met an [...]