Quote of the day: Don't close on Nov. 30
"[T]here may not be a worse day in 2009 on which to try to close on a home."
- Dan Green, loan officer and editor of The Mortgage Reports blog, warnin [...]
Appraisal Research: 20-percent price reductions attracting buyers
Developers who are determined to move unsold inventory are finding that price reductions in the vicinity of 20% tend to garner strong interest. Lesser [...]
Quote of the day: From Pilsen to Ravenswood
"I looked all over the city, everywhere from Pilsen to Ravenswood."
That's an inexact quote, in response to my question about where an interviewee ha [...]
Quote of the day: Buyers are liars
"Buyers are liars. ... Real estate agents are business people ... They have to pay their bills every day and make the best use of their time, and we'r [...]
Quote of the day: Buying into a piece of junk
Unfortunately there are some real estate practitioners – and this is a sad statement as far as the industry is concerned – who will recommend a home i [...]